Rowan Williams

Face it: Marx was partly right about capitalism

Rowan Williams, the Archbishop of Canterbury, says that the financial world needs fresh scrutiny and regulation. In our attitude to the market, we run the risk of idolatry

issue 27 September 2008

Readers of Anthony Trollope will remember how thoughtless and greedy young men in the Victorian professions can be lured into ruin by accepting ‘accommodation bills’ from their shifty acquaintances. They make themselves liable for the debts of others; and only too late do they discover that they are trapped in a web of financial mechanics that forces them to pay hugely inflated sums for obligations or services they have had nothing to do with.

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