ABOUT KAMRAN’s Blog and GUEST BLOG
I- KAMRAN’s Blog: Dedicated to the Common Good- aiming to be a source of hope and inspiration; enabling us all to move from despair to hope; darkness to light and competition to cooperation. “Let the beauty we love be what we do.”-Rumi
II- KAMRAN MOFID’s GUEST’s BLOG: Here on The Guest Blog you’ll find commentary, analysis, insight and at times provocation from some of the world’s influential and spiritual thought leaders as they weigh in on critical questions about the state of the world, the emerging societal issues, the dominant socio-economic logic, globalisation, money, markets, sustainability, dialogue, cooperation, environment, media, spirituality, faith, culture, the youth, the purpose of business and economic life, the crucial role of leadership, and the challenges facing economic, business, management, education, and more.
“When we are dreaming alone it is only a dream. When we are dreaming together it is the beginning of reality.”—Helder Camara
Angel Oak Tree, Charleston, South Carolina, USA
- Kamran Mofid
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An example of capitalism with no consience and no moral compass: The Case of the former MG Rover workers
A bit of background:
The "Phoenix Four" bought the business for £10 in 2000. They soon bankrupted the company. For this great achievement and personal scarifice, they then awarded themselves and the managing director a total of £42m. They condemned the workers to a life of abject poverty, whilst themselves running laughing all the way to the banks. They privatised all the benefits and socialised all the costs.
Is this what neo-liberal business and capitalism is all about?
Rover workers get £3 redundancy pay compensation after seven-year battle
Owners and MD pocketed £42m after buying Rover and when it collapsed set up a fund telling staff it will have 'millions' for them
“Former MG Rover workers are to be rewarded with compensation of just £3 each following a seven-year battle for redundancy payments in the wake of the collapse of Britain's last major carmaker"