Blair - politican for hire

Tony Blair has taken a part-time post with US investment bank JPMorgan , one of Wall Street's leading banks, part of JPMorgan Chase & Co, a global financial services firm with assets of $1.5 trillion (£760billion) and operations in more than 50 countries. Blair has been employed "in a senior advisory capacity", the bank said ,

Advising the bank on the "political and economic changes that globalisation brings" according to Blair himself .

It is not known how much JPMorgan will pay him, but some estimates say more than $1m (£500,000) a year. The bank said he had a "unique perspective".

Blair would advise the firm's chief executive and senior management team, "drawing on his immense international experience to provide the firm with strategic advice and insight on global political issues and emerging trends... Our firm will benefit greatly from his knowledge and experience," the bank said.

Blair earlier told the Financial Times he planned to take up "a small handful" of similar roles with other companies in different sectors.
"I have always been interested in commerce and the impact of globalisation. Nowadays, the intersection between politics and the economy in different parts of the world, including the emerging markets, is very strong."

As prime minister he was always a representative of the capitalist class and now , without the need to disguise the fact to the British elector , Blair can openly and shamelessly promote world capitalist interests .