Filthy rich bankers

“Entrepreneurship in the barbaric wastes furthest from state power is a fraught endeavour, a constant battle, a case of kill or be killed, with little guarantee of success. 

No, harnessing the state’s might for personal gain is a much more sensible approach. Two related categories of actors have long understood this. Bureaucrats, who wear state uniforms while secretly backing their private interests. And bankers, who wear private uniforms while secretly being backed by the state.”

Spot-on political economy from Mohsin Hamid in [amazon_link id=”0241144663″ target=”_blank” ]How To Get Filthy Rich in Rising Asia,[/amazon_link] an excellent, funny and moving novel. It was perfect for my flight, and associated delays, today.

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