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Is business bashing a game we should play?

As I write this blog the Queen celebrates her diamond jubilee and later in the year the country will host the Olympic games. This surely then is a reason to rejoyce all that it means to be British, but for some this is not the case.

As a director of a an SME it?s still a fair old walk from the life and stresses of the CEO of a public listed business but I for one do not understand the anti business hysteria that seems to have gripped the nation this year.

Many high profile CEOs have toned down or even refused bonuses this year despite being entitled to them. Tim Cook for example the head of Apple turned down a reported $75m even though the business has had a storming year and has huge capital reserves.

Whilst in an ideal world performance at the highest level should be financially accountable, how many football fans will happily vote against the CEO of William Hill getting a ?3m salary?

Yet the same person will quite happily call for the resignation of his club chairman for not getting his hand in his pocket and paying muti-million pound salaries for over rated players who spend most of the season injured or on the bench.

Its time the general public face up to the real reasons the anti business hysteria exists. It?s a misplaced perception that ?I have less? because ?someone else has more?.

Love it or loath it capitalism is the reason we have world class hospitals, the NHS and can send satellites in space. The sat nav you use to drive your car is affordable to most because some bright spark has been driven to commercialise this and bring down the costs for everyone.

My own ethos is you can only ever drive one car, live in one house and be in one place at a time so extreme wealth does not mean you are missing out as much as you think.

I also believe that we live in a country that is one of the fairest in the world where opportunities are there if we look. Admittedly some people are born less fortunate than others and we should be grateful that as a society we do look after and care for those people.

It?s a great shame that certain politicians choose to focus on the negatives and almost encourage this type of negative thinking in people as a way to gain votes.

Whatever your political allegiance without CEOs and captain of the ships going the extra mile then, things would be a lot worse.?

jason pitt

jason pitt

Editor of Business Report newspaper and business director of Made in the Midlands and Pressvine. Jason has been involved in publishing newspapers and magazines for more than 15 years.

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