We are witnessing an unprecedented outpouring of anger at our political and financial elite, writes MG Zimeta in her web exclusive, free to read online this week. Fueled by the drip-feed of news about politicians’ embarrassing expense claims and the excessive bonuses paid to chairmen of banks bailed out by the taxpayer, our collective moral outrage has rarely seemed more intense.
But are we right in our rage? Or, in the furore about the failed morals of our political and financial institutions, are we in danger of compromising our own moral standing—and missing a valuable opportunity to fix what went wrong? What bankers and politicians most need, argues Zimeta, is not punishment but rehabilitation.
As always, weigh in with your thoughts and comments here.