8 February

There’s talk that the ‘organisational culture’ at the banks needs to change. Consultants make millions trotting out ‘culture’ as an explanation of struggling companies, because it’s bullshit. You don’t get paid to have personal relationships, they’re none of the company’s business. I hate the Orwellian ways companies now feel obliged to try to manage peoples’ personal relationships and views at work, all because the work itself isn’t going well. So let’s blame the people. The culture at banks isn’t the problem, finance and credit as a way to keep society moving are the problem. Our banks are us, they’ve been funding our own credit-binge lifestyles.