Craft Standards
Body of the Host
It often takes a crisis for a society to reflect meaningfully on its institutions – their value, purpose, strengths and weaknesses. Do those institutions serve us or do they primarily serve themselves?
The global financial crisis, for instance, exposed how a large swathe of the international banking system had been corrupted by reckless risk-taking and had internalised the view that it could simultaneously privatise its profits and socialise its losses. (more…)