And an overwhelming 83% of respondents agreed that excessive bonuses and executive pay fuelled risk-taking, which played a major part in the economic crash.
The YouGov poll, commissioned by centre-left pressure group Compass, found that 73% of voters agreed with a tax on £10,000-plus bonuses.
Some 68% would also support the Government in imposing a new tax on major transactions by financial institutions, in a bid to curb the \’\’risk culture\’\’.
And 78% agreed that the growing gap between rich and poor was bad for society.
Nearly two thirds of people (63%) supported the establishment of a High Pay Commission, which would review executive pay.
Democracy isn\’t all it\’s cracked up to be you know. You\’d be amazed how illiberal (in the leftish sense) and how illiberal (in the real sense) the general public actually are.
The majority of the public would string up kiddie fiddlers without trial: when some Labour minister went on the radio pledging to bring in whatever bill the public voted for it was to repeal some Labour shibboleth (can\’t remember, self defence or foxhunting?): juries regularly enrage feminists by returing not guilty verdicts in \”he said, she said\” rape cases.
If you really bring in rule by the mob then you\’ll end up with a society that none of use liberals (of the left or classical persuasions) would like. A great deal of the superstructure of the law and of the political system is there to prevent that very thing, the gusts and gales of prejudice amongst the populace reaching the law books.
So the idea that this week the mob would punish the rich is not all that persuasive: for last week they would have punished teh gayers (as indeed, by popular demand, the British polity did for centuries), next week funny brown men with beards and if asked, no doubt would argue for hanging paedophiles by their balls from the nearest lamp post upon mere suspicion.
True democracy? Really not sure you want to go down that path you know?