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Generally like all sensible people, I support a primarily capitalist economy.
However with the rise of the mega-corporation, what we are seeing now is not capitalism because there is no relationship between risk and reward.
To become CEO of a quasi-monopoly mega-corp requires little entrepreneurial nous.
Rather it requires political skill.
And the other issue is once there, the CEO can rake it in regardless of what he does in the job. Failure is rewarded as well as success. Examples are many and varied including Applegarth of Northern Rock.
Of course I have the highest regard for such as DA with genuine small businesses.
So do you have any particular ideas? I guess a fairer tax regime and removal of red tape for two?
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