this post was submitted on 10 Dec 2024
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[–] chiliedogg@lemmy.world 2 points 1 year ago (1 children)

Like how banks became institutions dedicated to the public good following the Depression?

[–] pjwestin@lemmy.world 12 points 1 year ago (1 children)

More like how FDR used the banks' need for government assistance to force regulation on them through the 1933 Banking Act and the Glass-Steagall Act.

[–] chiliedogg@lemmy.world 8 points 1 year ago (2 children)

The Glass-Steagall Act that was repealed and now banks are more out-of-control than ever?

[–] pjwestin@lemmy.world 12 points 1 year ago (1 children)

Yes. A decade after it was repealed, we had the largest financial collapse since it was enacted, and now we're dealing with higher income inequality than we had during the Gilded Age. What part of this is meant to invalidate my point?

[–] chiliedogg@lemmy.world 0 points 1 year ago* (last edited 1 year ago) (1 children)

I'm refuting the idea that fanservice leads to lasting institutional change.

The fact that we're in the shitter because the change didn't stick kinda proves my point.

[–] pjwestin@lemmy.world 7 points 1 year ago

Well, A) the point isn't that, "fan service," created this change. It's that people's willingness to side with outlaws over institutions is a good barometer of public anger, and based on the United Healthcare killing, people are fucking pissed. B) FDR passed banking reform and social welfare programs that created decades of economic stability and only lost their efficacy after half a century of conservative attacks chipped away at them. I'm not sure why you think a historical example of the sort of fundamental, radical change in talking about doesn't count just because the Baby Boomers fucked it all up.

[–] UltraGiGaGigantic@lemmy.ml 2 points 1 year ago* (last edited 1 year ago)

Yes, proof that reforming capitalism is wasted effort. You can only delay end stage capitalism reforms, not prevent it.