4 ms·
Imagine if access to banking was a fundamental human right
by beamatronic 8y ago
Imagine if access to banking was a fundamental human right
- eveningcoffee 8y agoIn a world moving away from the paper money, it should. I suspect that banks should be also very strictly controlled about what they can do with the data they collect about the transactions.
- fgheorghe 8y agoImagine if british banks would be prosecuted for all the crime they help finance.
- marcosdumay 8y agoWell, access to transactions is not the same as access to financing.
- wallace_f 8y agoAccess to secure and just banking should probably be classified as a desirable positive (not to be confused with the more important negative rights) human right. What I mean by secure and fair is what Krugman talks about here[1]. The idea would be similar to saying that people should have secure and fair access to water (in other words, not polluted, and not horded by nestle). As it stands, our banking system is not secure (as the '08 fin crisis demonstrated) and it is certainly not fair (as banking execs, bureaucrats and plutocrats made out fine while taxpayers and money-holders were left on the hook for the fallout, bailout, and the bursen of 4+ trillion in what is basically free helicopter'd money for wall st). 1-https://www.nytimes.com/2009/04/10/opinion/10krugman.html?assetType=opinion https://www.nytimes.com/2009/04/10/opinion/10krugman.html?as...
- dmix 8y agoA good way to end up with 5 mega banks and zero competition from smaller firms. Oh wait, that already exists and it's getting worse and worse every decade.
- infinity0 8y agoblockchain
- cbluth 8y agoI've been hearing that word a lot https://i.imgur.com/hh0zNRT.jpg https://i.imgur.com/hh0zNRT.jpg