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The banks are an attractive target because they are large household names with high profile offices in the cities. So much more convenient for protesting than a
by tacostakohashi 10y ago
The banks are an attractive target because they are large household names with high profile offices in the cities. So much more convenient for protesting than actually going to Borneo to hit the real perpetrators.
The logical conclusion to this kind of targeting of banks that have a huge number of uncontroversial clients, and a handful of controversial (but legal) clients is that they will start turning away the business to protect their reputation, and someone else will set up a bank that specializes in shady clients, has an obscure and often changing name, anonymous offices, and generally doesn't care about its reputation.
Would that be better? Obviously not, but it's effectively what activists are ask for.
- codecamper 10y agoMoney is the enabler & is within the control of our own government. With money comes responsibility. The US should provide a good guiding example. But ultimately it is the responsibility of governments to control these corporations that'll compete at every level.
- anigbrowl 10y agoIt's far from 'obvious' that it's not better, since shady banks are more easily targeted by national governments and raise the cost of capital for unscrupulous entrepreneurs, making such enterprises riskier and less profitable. At least, that's how capitalism is supposed to work. Nice it's not practical for everyone to travel to a region to protest environmental degradation that indirectly affects many more people, perhaps you could could turn your abilities to coming up with a more effective scheme of action.