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  • Banks do undermine capitalism

    Making credit available is always high-risk no matter what analysis is done, By giving away credit using other people's deposits bank essentially assume zero risk. They can sell of these customer obligations. They are in a position to repay the initial principal by currency devaluation and by participating in market activity. Banks need to assume ownership of the project they fund through loans and be prohibited in dealing in interest rate market instruments. Only then its fair. The creation of all and only retail financial markets i.E no governments, no financial institutions, banks or otherwise should be allowed to participate is critical for the health of not only these banks but all people and industries.

  • Banks are parasitic economic organisms

    Since they apply interest to every penny they distribute, they provide society with a perpetual debt it can never repay, however hard it works to do so. Banks profit from literally nothing, and since that profit is often produced from capital investment, it involves no labour or production element, thus devaluing the currency relative to these two components. Banks are the inevitable byproduct of capitalism: institutions which grow fat by exploiting the financial system.

  • They wont loan

    If a minority of big banks have enough power to demand a bail out when they risk failure this undermines businesses that rely on a healthy government. That's every business. If a government can't spend on infrastructure, etc. this will have a negative affect on everyone. Also these banks now wont loan to people wanting to start legitimate, viable new startups.

  • Big Banks have undermined the principals of capitalism.

    Big banks use the capitalist system to their advantage, therefor ruining the foundation of what capitalism was meant to be. Capitalism was never intended to be a system that is used to justify the destruction of the free market system. The success and failure of a business should always be dependent on the peoples like or dislike of the product and or service. Big banks no longer allow for the people's voice to be heard or paid attention to. Big banks are looking to grow and crush any little entity that stands in their way of maximum profit. They have taken the people's voice out of the free market and listen to the bank accounts of the CEO and shareholders.

  • Yes the "big money center banks", such as Citibank, do undermine capitalism.

    With the huge amounts of capital they control and massive shares of the marketplace they control the big money center banks are able to limit the competition that is central to bringing forth innovation and drives everyone to be productive and efficient.

    These limitations big banks impose on the marketplace undermine capitalism, and the average American's faith in both capitalism and the government.

  • Yes, big banks undermine capitalism.

    Yes, I do believe that big banks undermine capitalism and make use a form of corrupt capitalism that is bad for the economy. I think that big banks use unfair, corrupt practices to hoard money and then try and steal the money from hard-working individuals, which goes against what capitalism is all about.

  • Yes, big banks undermine capitalism.

    Yes, I do believe that big banks undermine capitalism and make use a form of corrupt capitalism that is bad for the economy. I think that big banks use unfair, corrupt practices to hoard money and then try and steal the money from hard-working individuals, which goes against what capitalism is all about.

  • YES, big banks undermine capitalism!

    Although big banks are institutions that come about the capitalist enterprises involving the amalgamation of wealth and the undertaking of risk for the pursuit of profit (e.G. High-interest bank loans), these are the very same bank practices that will undermine capitalism because these practices lead to a concentration of wealth which lead to irreconcilable poverty as well as to marketing practices such as credit card consumer lock-in which contractually/legally prohibits (usually low-income) people from making financially sound decisions in times of crisis or significant need.

  • Big Banks are important to a nationwide financial system.

    Many of our larger banks have flourished by providing the best services, and most secure business' for handling their customers money. It is only when banks are shielded from market forces by the government, that bad banking practices flourish, and the free market suffers. Protectionist measures, aimed at protecting banks deemed to big to fail, cause numerous distortions in the marketplace, and put customers finances at risk. The problem is not whether banks are large or small; its whether they have earned their success through merit, and not political favor.

  • The banking industry is the core of capitalism.

    "Big banks" as they are called are at the core of capitalism. Without banks, money could not be "created" (look up fractional reserve banking) and money could not be loaned to all businesses or individuals without much difficulty. The banking system, as it exists today, is all about capitalism. Whether or not capitalism is good or bad is another topic all together.

  • No, big banks do not undermine capitalism.

    No, I do not believe that big banks in any way undermine capitalism. I think that big banks use capitalism, and the tenets of capitalism, in order to become big banks. Every bank had to start off somewhere as a smaller bank and I think that these big banks correctly used capitalism to grow.


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