Radical Thought

Lord Myners has apparently ‘made the City think’. This is a good thing in any case – but particularly good in that he was concerned to distinguish between ‘investors’, who are good at buying and selling shares, and ‘owners’, who have an interest and care about the companies they own. He wanted more owning, floating ideas such as greater voting rights for those shareholders who stay with the company, as in France.

What is sad is that this common sense approach to a real problem was characterised as ‘radical’.