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Field - restore justice to financial system
This week, the government's business minister, Vince Cable, announced to parliament that the coalition government will rapidly move towards legislating to give shareholders control over the 'excess of capitalism' and clamp down on the 'rewards for failure.'
Perhaps more than any other, my own constituency, the Cities of London and Westminster, benefited from the recent economic boom which came before the credit crunch.
Yet I had noticed long before the crisis a growing sense of despair and resentment among hard working Londoners.
To their surprise, many highly educated professionals working outside the gilded corridors of financial services had started to feel they were losing out.
Having to bail out the financial services sector, which had previously been so keen to keep regulation and government interference to a minimum, was met with disgust by this cohort. It has been a feeling replicated across many Western societies where stagnant incomes have been disguised by an expansion of debt.
What has emerged in the years since is a middle class revolt over the unequal rewards to labour and talent that has most recently coalesced around the issue of pay and bonuses.
No government's role in all of this should be to cap or decrease salaries in general. Its primary aim must be to restore a sense of integrity and justice to the system so that Britons can once again have faith that talent, hard work and innovation are the fastest routes to prosperity.
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