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Judging the rich is like judging the poor: if you’ve never been in their situation, you don’t know what you’d do if you were. But we like to think that the reason people have too much money is that they are morally flawed, and that the world of finance is so morally flawed that it’s almost impossible to understand. You’d have to be incredibly greedy or have a personality disorder even to find it interesting.
And we all like to hear of a big pot of unpaid tax that could be put to good use. All we have to do is lever it out of the hidden hands of the morally repugnant. Just as the left pretends that every penny of dodged tax would otherwise have been spent on hospitals (by George Osborne?), the right, I presume, has it earmarked for weapons and the bankrolling of the private sector.
Because conservatives especially bemoan immorality. They would have us believe that a creeping and recent venality is blighting capitalism’s good name. Greed and sharp practice have replaced philanthropy and propriety, goes the narrative.
In fairness to conservatives, they have a long tradition of economic intervention that stands in contrast to the economic‑liberal theory that everything sort of sorts itself out somehow. Tories are close enough to capitalism to know that it doesn’t actually work – not without a lot of help. They also know it has nothing to do with morals. In a market-driven society, it is a tribute to human decency that anyone behaves with any morals at all.
Furthermore, while it’s fun to point out that the worst tax-dodgers are always Tories, when Conservatives put financial gain before everything else, they are being entirely true to their principles.
Grace Blakeley investigates the curious case of Carillion: how the company’s slow decline and abrupt liquidation reveals the nature of modern capitalism.
The collapse of Carillion could be a watershed moment. Let's seize it to end economically disastrous outsourcing schemes. By Cat Hobbs.
Campaign groups highlight UK complicity in Saudi Arabia's human rights abuses.
Three founders of Momentum talk to Ashish Ghadiali about the two years that have transformed their lives and the fortunes of the British left.
Andrew Smith from Campaign Against the Arms Trade gives the run-down on one of the UK's most profitable - and most deadly - industries.
The real story behind the fire in Grande Synthe’s Linière refugee camp, Dunkirk. From 'Bordered Lives – How Europe fails refugees and migrants' by Hsiao-Hung Pai
Javier Pérez De La Cruz writes about the working class Berlin neighbourhood wrung dry by gentrifiers.
Across the world, thousands of protesters are taking on the planet’s biggest fossil fuel companies. We should support them – and if we can, we should join them. By Kara Moses
Students are suffering the effects of financial instability, stress, and slashed mental health services. Mark Crawford reports.
They're not defending free speech - they're just seeking to shore up their own power, writes Ilyas Nagdee
Jeremy Hunt is poised to flog the last of the NHS
Peter Roderick sounds the alarm on an 'attack on the fundamental principles of the NHS'.
Viva Siva, 1923-2018
A. Sivanandan, who died this week, was a hugely important figure in the politics of race and class. As part of our tributes, Red Pepper is republishing this 2009 profile of him by Arun Kundnani
Sivanandan: When memory forgets a giant
Daniel Renwick calls for the whole movement to discover and remember the vital work of A. Sivanandan, who died this week
A master-work of graphic satire
American Jewish cartoonist Eli Valley’s comic commentary on America, the US Jewish diaspora and Israel is nothing if not near the knuckle, Richard Kuper writes
Meet the frontline activists facing down the global mining industry
Activists are defending land, life and water from the global mining industry. Tatiana Garavito, Sebastian Ordoñez and Hannibal Rhoades investigate.
Transition or succession? Zimbabwe’s future looks uncertain
The fall of Mugabe doesn't necessarily spell freedom for the people of Zimbabwe, writes Farai Maguwu
Don’t let Corbyn’s opponents sneak onto the Labour NEC
Labour’s powerful governing body is being targeted by forces that still want to strangle Jeremy Corbyn’s leadership, writes Alex Nunns