This man is wrong… dangerously so. His message is one that serves to prolong the problem, not to solve it.
He is pointing the finger away from the true cause. Some, most, do it unwittingly. I am not at all sure that this is so in this instance.
It is NOT the corporate culture that has caused this problem. They were given an incentive that, if they were to succeed in business, they had no choice but to take. Now you and I may honestly be able to say that we would have walked away before making such a pact with the devil. I know one person in the US who did just that. He was in the finance sector, saw the choice that had to be made to be successful and chose to walk away from a half million a year job. He was earning less than that ten years later when I spoke with him – considerably less.
It has to be clearly understood that the problem is not of corporations, it is not even of bankers – egregiously though many/most of them have behaved. The root of the rot is the paper money put out by governments. Until and unless the pernicious and perfidious nature of this pseudo-money is fully understood, there can be no solution. We will just continue with finger-pointing and name-calling and will achieve no resolution of the problem.
The corporate and finance world would love nothing better than to throw a few of their big name mates to the wolves and then be allowed to get on with life as it is. The government would love that also. Ditto the bankers.
To handle the problem it is absolutely necessary to get to the root of the problem and to cut it out. The root of the problem is the irredeemable paper money that infests the four corners of the world. All else is just fluff designed to deceive.