Re:Why America will soon see a wave of bank mergers
by kiawe_fire on Tuesday May 02, 2023 @01:20PM
(#35791005)
They both have highly imperfect avenues with which we can exert influence, but one has more power to compel you to support them legally “or else”.
Re:Why America will soon see a wave of bank mergers
by JohnFen on Tuesday May 02, 2023 @01:31PM
(#35791189)
> one has more power to compel you to support them legally “or else”.
I think that they both have approximately equal power to do that.
Re:Why America will soon see a wave of bank mergers
by anigbrowl on Tuesday May 02, 2023 @03:43PM
(#35793083)
That same one also has far more mechanisms and legal avenues for accountability, vs the other that tries to shuffle people off into arbitration and the like, while at the same time spending money to lobby against legislation that might impact its business model.
Neither are corporations. Both will abuse you. The difference between the two is that you have at least a chance of altering how government works, but you have no chance with a corporation.