The Danish island of Samso is a paragon of
sustainable self-sufficiency. It is defeatist to believe that the example can not be modified and adapted to other parts of the western world. They may live with fewer gadgets than most, and more efficiently than many, but we could learn from them and others.
Likewise financiers might learn from the
Triodos Bank which has managed to maintain financial profitability better than most during the recent economic downturn. It's founding philosophy is
social rather than socialistic - just as one can serve a common interest without being communist.
A crucial tenant of the bank:
QUOTE
Triodos is the only commercial bank in the UK to provide an annual list of all the loans the bank has made; thus, savers can see exactly how their money is used.
is a policy that has been recommended by true finance reformers, even in this country.
Most financial crimes and unethical behavior on Wall Street is practiced in the darkness of "privacy".
But do they deserve to be able to hold information about what they are doing with someone elses money private - even from the individuals they invest for? If initial investors cannot trace their money do they own?