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A moral renewal

Punishing our bankers and politicians won't deter them from wrongdoing; they'll just find new ways of acting as they please. Instead, they must be rehabilitated

By M G Zimeta   July 2009

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These are dark times to be a politician or a banker. Hedge fund managers, newly relegated to the social wilderness reserved for sex offenders and arms dealers, may or may not be pleased to now be joined by their MPs. The recent national anger at our political and financial elite has been unprecedented: but are we right in our rage? “Anybody can become angry,” warns Aristotle, “that is easy. But to be angry with the right person, and to the right degree, and at the right time, and for the right…

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