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Who are accounts really for? – my first column now I am back with AccountingWEB — Richard Murphy

Summary:
Important. Richard Murphy reports that the era of responsibility to shareholders rather than stakeholders is over. TPTB recognize that capitalism has to be "reset." It's not working as it is and the result is social unrest. Tax Research UKWho are accounts really for? – my first column now I am back with AccountingWEBRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

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Important. Richard Murphy reports that the era of responsibility to shareholders rather than stakeholders is over. TPTB recognize that capitalism has to be "reset." It's not working as it is and the result is social unrest.

Tax Research UK
Who are accounts really for? – my first column now I am back with AccountingWEB
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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