“I wonder if the ancient sin of charging interest - known as riba in the Islamic tradition and usury in extreme form - can still be considered a sin when rates turn negative?”
Financial Times letters page, 12th October 2019
It’s crunch week for Brexit. While the UK and EU continue to fret over final arrangements for Irish customs, stock markets weigh up the challenges and opportunities ahead. Investment professionals are watching carefully, and I particularly enjoyed attending the Miton Investment Forum last Tuesday, with some key themes which feature in today’s commentary.
In our world of geo-political instability, Brexit and climate change, these challenges and opportunities are coming to a head at much the same time: with serious problems developing for Europe, some surprising developments in energy generation in the US, and a re-awakening of interest in the UK post-Brexit.
So please READ ON .. as this week we pick out some of Miton's key themes to help chart the choppy waters ahead.
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Welcome to Gavin Oldham's full presentation describing his vision for egalitarian capitalism.
The main set of proposals are as follows:
Egalitarian Capitalism is an alternative to socialism which, while fostering and encouraging enterprise for all, acts to involve and empower people right across society and especially the young.