22 April 2004 11:55 Business ghetto The question whether the authorities should pay attention to the interests of capital, including those of big capital, seems strange. The authorities, if they are of sound mind, exist to take different social groups’ interests into account and match them up somehow. If, as many are inclined to believe, private ownership by large corporations is a necessary evil, sort of like the liquor trade, this would be an unsuccessful method of matching interests. When the will, energy, and wealth of a nation are driven into a ghetto, such a policy a la longue will come to no good. As one observer noted in 18th-century France, “the third estate is still not allowed anywhere in the poorly managed and corrupt kingdom. It will come as no surprise if a quarter of a century later, it will begin to take with fists what its meekly extended hand has been refused for too long.” It is clear that the present idea of the business ghetto – sit still, keep quiet, pay your taxes in full, as well as these extraordinarily new high duties constantly invented in the name of social responsibility, and appreciate the fact that you still have some capital and are not in jail – has been generated not by a sudden aberration but by predictable reaction to the preceding bacchanalia. Of course, the era when the nouveaux riches were impudently ignorant, saying “Nothing is beyond my power! From now on, I shall rule the world like a certain demon” – should not go unpunished. The heroes of our recent times, who have considered neither public interests nor even common decency, have done their best to allow the idea of a business ghetto to gain a strong hold on the masses. However, if the business’ permissiveness is replaced by permissiveness towards the business, this would mean another bacchanalia, as abominable as the first, will take its place, and the fact that it will be the exact reverse is cold comfort. The push-pull scheme – “I’ll buy everything,” said the gold in the horrible age of Yeltsin and “I’ll take everything away,” said the sword in the bright age of Putin – is nothing but two sides of one and the same coin, and it’s time for the parties concerned to learn some manners.
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