A new majority Black and Latinx-owned and operated digital bank hopes to make supporting Black-owned banks and businesses a little easier for consumers.
Yeah I get what the dude is getting at, but this literally could at the most provide leverage for the black and latino bourgeosie in money circulation, black and latino money capitalists; which could hypothetically give the black and latino petty bourgeois a slight benefit, in their competing quests to become pure appropriators of surplus value, via preferential loans. You know, provided we lived in a capitalist system that didn't have an insanely high organic composition of capital, where it wasn't nearly impossible to actually ascend from petty bourgeois to bourgeois, and where minority-owned banks weren't subject to the same necessities of competition as the regular ones. Which, even if it were the case, wouldn't benefit the black and latino working class
His family still has hundreds of millions of dollars in various ventures though, including a lot of real estate. Lots of officials are in similar positions.
Xi Jinping doesn't own a bank lmao.
Yeah I get what the dude is getting at, but this literally could at the most provide leverage for the black and latino bourgeosie in money circulation, black and latino money capitalists; which could hypothetically give the black and latino petty bourgeois a slight benefit, in their competing quests to become pure appropriators of surplus value, via preferential loans. You know, provided we lived in a capitalist system that didn't have an insanely high organic composition of capital, where it wasn't nearly impossible to actually ascend from petty bourgeois to bourgeois, and where minority-owned banks weren't subject to the same necessities of competition as the regular ones. Which, even if it were the case, wouldn't benefit the black and latino working class
:gold-ancom: :gold-communist:
o7
His family still has hundreds of millions of dollars in various ventures though, including a lot of real estate. Lots of officials are in similar positions.
oof Xi is cancelled :kalish: