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So there you have it: The government is the people, and to oppose mega-banks is to oppose democracy itself. Pretty sure I read that in the Federalist Papers. 1
by brown9-2 14y ago
So there you have it: The government is the people, and to oppose mega-banks is to oppose democracy itself. Pretty sure I read that in the Federalist Papers.
1. Is "the government is the people" meant to be a criticism?
2. Interesting that in the quote from Felix Salmon that this is criticizing, Salmon never mentions mega-banks or that the size of the bank is related to their civic responsibility. It's the author of this piece who is inserting a bias against "mega-banks", and assuming that anyone who is pro- the existence of banks in democratic society is also pro-mega-bank.