Status Updates From The Ethical Capitalist: How...

Julian does want to ban zero hours contracts though, which is pretty based. I would hope doing so would raise more than £4 billion in tax revenues, but regardless, I'd never even thought of the potential tax loss as an argument for their banning.

Zero hours is one of those policies which is great for the sons and daughters of rich parents, and terrible for children who's parents have no choice but to work them.

The reputation argument doesn't fly either - lots of companies that Julian lists which have engaged in exploitative practice somewhere in their supply chain have widely washed away any reputation issues they had yet continued to exploit regardless.

The arguments in the supermarket industry track, it does seem as though the bargain retailers do maintain good relationships across the supply chain.

Lots of arguments in benefit of treating the white collar worker well. Glosses over successful companies - namely Amazon - gaining record profits off the exploitation of the blue collar worker. Leaves the issue of exploitative banking practices hanging, where it is conceded that they are actually more profitable when they are corrupt. So far it's not a great argument for the redemption of capitalism.