[r0p3]

>“They’re all in the bankers’ pockets” lacks explanatory power. Rich and powerful people spend most of their energy fighting other rich and powerful people, not altruistically conspiring with them. And the finance industry isn’t even that rich. Johnson & Johnson is bigger than any bank in the world, why aren’t the rich and powerful in the pocket of Big Band-Aid?

>I have an alternative explanation: Finance is the miracle glue that keeps our civilization intact. No one understands exactly how it works, so fucking with it in any way should be terrifying. People in power can see that. ...

His simplistic description of the idea that people in power recognize that finance helps maintain the power structures that give them that authority is... Frustrating.

[AbrahamParangi]

I think the point is that those power structures do more than just maintain the authority of a ruling class. They also keep the lights on and the wolf from the door.

Is there a better system? Probably! But we know what happens when you break our existing system and it’s extremely ugly.

[elcomet]

> Johnson & Johnson is bigger than any bank in the world, why aren’t the rich and powerful in the pocket of Big Band-Aid?

But they are. Look at the many scandals around Johnson & Johnson on corruption cases...

[throwaway667555]

Your sentence is a bit of a mindf**, I appreciate it. It reduces the quoted text to near-gibberish.