The Banking System: “Why are we recreating under a different ideology a system that has failed?”

Professor Ray Kinsella - Feasta Irish debt crisis conference, September 23 - 2011.

“Our capacity to drive this model of growth is crucially dependant on the robustness, flexibility and sustainability of our Banking System and on our ability to re-imagine a very different type of financial system to the one which is being re-created:

That is one which is not driven by short term shareholder value or by a culture of statism but one which is responsive to all of its stakeholders whose ethos and operations are benchmarked against the general good: Not unlike Islamic Banking.”

“But there is a more fundamental issue which is: