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by randomdata 4471 days ago
The financial system is what provides farmers with the necessary capital to be able to grow the food McDonalds needs to be in business. That doesn't necessarily make them okay either, but isn't allowing people to eat, without having to worry about producing their own food, at least of some benefit as well?
1 comments

Financial institutions aren't inherently bad, but the ones we have are bad.
Doesn't 'financial institution' cover a pretty wide gamut? There are small institutions that exist in only a small town, to government owned entities, to giant businesses that span the entire world. Are they all categorically bad? What can be done to make them less bad?
I understand that in the same way that computers aren't inherently bad, but the ones infected with malware are bad.