75
Again (hexbear.net)
submitted 4 months ago* (last edited 3 months ago) by crafted_104@hexbear.net to c/technology@hexbear.net
you are viewing a single comment's thread
view the rest of the comments
[-] Goun@lemmy.ml 7 points 4 months ago

has profited off predatory micro loans in developing nations

Wait what? How's that even possible?

[-] technocrit@lemmy.dbzer0.com 8 points 4 months ago* (last edited 4 months ago)

It's not just possible, it's widespread.

https://www.bloomberg.com/graphics/2022-microfinance-banks-profit-off-developing-world/

(TBH it was never very convincing that these capitalists were going to help poor people by extracting their wealth.)

this post was submitted on 11 May 2024
75 points (100.0% liked)

technology

23182 readers
194 users here now

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

Rules:

founded 4 years ago
MODERATORS