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Super-greed

All Areas > Legal & Finance > Money Matters

Author: Roger Downes, Posted: Tuesday, 25th May 2021, 09:00

A few weeks ago, the ‘Big Six’ Premier League football clubs angered most of their fans and those members of the public who are remotely interested in the sport by announcing the formation of a European Super League.

Put aside the obvious jokes about the identity of the ‘Big Six’, it was another example of those with power and money trying to bully their smaller counterparts and make the rich even richer.

It didn’t last long and will almost certainly never happen in the way it was envisaged, but the message from the rich is clear – there’s no such thing as too much money.

Professional golf was threatening a similar move too and, whilst it attracted a lot less publicity and emotional backlash, it too was symptomatic of the same issue – greed.

There’s a thin line between greed and making money

The line between greed and making money is a fine one. It compares to the line that comes between brave and stupid. The same action can be seen by one person as bravery and by the next as stupidity; capitalism or greed, it’s an identical argument.

In many walks of life, market forces prevent matters getting out of hand by placing competitive pressures in the way of flagrant overcharging. But in a world where those pressures exist only to inflate already swollen coffers, it seems the rich don’t care about anyone other than themselves.

All of those football fans are ordinary people like you or me. We shouldn’t be surprised at the attitude taken by the ‘Big Six’, as we come across it in our daily lives, trying to deal with the big banks, utility companies, mobile phone providers etc. Despite all their promotional promises, we are just a number and, if we don’t like it, we are sufficiently unimportant that we can be cast aside.

I’m so glad I work in an environment where we all care about the clients we serve and the job that we do.

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