Vince was right
From our UK edition
What exactly was wrong with the Vince Cable’s address to the Lib Dem party conference? It seemed to me measured and enlightened. He suggested that the supposedly free market was often “irrational or rigged”, which is surely uncontentious. And that capitalism militated in favour of monopolies, abhorring free competition. Perfectly reasonable judgment again. And then that the pay of various people in the city, and those bonuses, seemed out of proportion to their talents or the work which they had done. What is wrong with any of that? Business leaders have reacted patronisingly by saying that Vince shouldn’t talk this sort of stuff, it’s ok if you are some Lib Dem opposition spokesman but beyond the pale for a government minister.