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This coupled with expectations of corporate "social responsibility" results in some pretty nightmarish possibilities. Politically motivated debanking has alread
by sennight 5y ago
This coupled with expectations of corporate "social responsibility" results in some pretty nightmarish possibilities. Politically motivated debanking has already been going on for a while, but that is really just the tip of the iceberg. Years ago my financial adviser tried to sell me on this new index that aggregated a bunch of progressive demands (race/sex quotas, etc). The scope of ambition is pretty astounding, because it is structured to be impossible to satiate. We've all gotten use to seeing some SV company announce the latest party they are shunning, but to distill that down to a financial instrument... it is hard to believe that anyone would advocate for such a thing unless they were an accelerationist actively rooting for social collapse.