The Purpose of Financial Services

In this part, we look at the work to be done in different areas of the financial sector—where it exploits its customers, and where is requires development in order to fulfill its social purpose. I appreciate that I deal in a sentence with some issues that may require a lifetime of work; missing 99 percent of the subtleties and difficulties. My point in raising them is to bring them to your attention—and to indicate my solidarity if you are already working on them! Even if they do not take a virtue ethics approach, the expert authors in John Boatright’s book Finance Ethics cover the subject in more detail if you are interested.

Value for the Customer

You will know that there is an ongoing debate as to whether ...

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