I totally agree with you, but the counter-argument will then always be "what incentive does the bank then have to operate?". For this reason, I believe the ide

I totally agree with you, but the counter-argument will then always be "what incentive does the bank then have to operate?". For this reason, I believe the idea of a bank as a business or an entity that is operated privately without the implicit requirement to operate ethically and on behalf of a state's citizens, needs to be completely done away with otherwise we will inevitably end up in the current sociopolitical mess we have now.