Top Tweets for #PredatoryInclusion
The solution here isn't to "liberalize" lending policies necessarily (#predatoryinclusion), but to replace extractive forms of financing with ones owned and operated by the people they serve (fin). (7/7)
Honored to join #AMAWinter in #Florida. Meeting brilliant scholars was a highlight of this journey. Special thanks to @DrGiesler for the belief & support. 🙏 #surveillancecapitalism #predatoryinclusion
Enter #PredatoryInclusion - the practice of offering scammy, overpriced and substandard products to poor people and declaring it to be a good deed, because otherwise, those poor people would have to do without.
12/
Thanks for enabling #displacement, #SocialCleansing, #gentrification, #HousingCommodification, #privatization, UK-style #privatisation, and #PredatoryInclusion to destroy existing affordable rent-regulated housing in SoHo/NoHo/Chinatown, @MaraGay & @NYTOpinion—as we warned!
Get the latest on the most recent failure of the city’s SoHo/NoHo/Chinatown rezoning — more luxury developments with no affordable housing (but they do contain private pools!): https://t.co/NpLHPD0Ast
Woke capitalism is just another kind of "#PredatoryInclusion," like #Intuit's campaign defending its "#FreeFile" tax-prep scam, where they're claiming that ending this ripoff is racist.
46/
@VitruviusGrind Introducing the YIMBY innovation of #PredatoryInclusion.
—Not just for black people anymore, it's used on the rent burdened, elderly, and disabled too.
cc: @damienISgoodmon @ValerieRoss14 @loomdoop @fuelgrannie @rcmoya84
https://t.co/qtv8RUwPM2
Today's key concept is #PredatoryInclusion: "a process wherein lenders and financial actors offer needed services to Black households but on exploitative terms that limit or eliminate their long-term benefits":
https://t.co/N2TkaWCEcw
1/
Today's key concept is #PredatoryInclusion: "a process wherein lenders and financial actors offer needed services to Black households but on exploitative terms that limit or eliminate their long-term benefits":
https://t.co/N2TkaWCEcw
1/
the ultimate move in the #PredatoryInclusion game is commissioning a study that explains why you should be allowed to profit handsomely from making the poors poorer
Peer-to-peer payday lending platform @solofunds has released a report on "cash poor" Americans.
It's an admirable piece of reputation washing, designed to make the loans SoLo facilitates, which reach 4,000% APR, look good by comparison.
As a piece of "research," it has issues:
🧐 Slightly skeptical but still deeply Irresponsible journalism at @APBusiness from @Cora & @Alexolson99 that touches on the #predatoryinclusion model of crypto but manages to cite deeply discredited "experts" and paint a Ponzi scheme as a thing worthy of hearing out both sides.
Crypto is risky and volatile but its popularity endures among many Black and Hispanic investors who see it as the future of a more inclusive financial system. https://t.co/fSzNBW9tIt
@MikeBurgersburg @JoshSadlock @Cryptadamist Nothing like the #PredatoryInclusion of $AFRM and friends. They are on my short list for a reason. @NotChaseColeman get in here.
Sen. Britt (R-AL) and Jeng are arguing that crypto will allow "more people in the US to achieve the American dream", they pull out stats on adoption of crypto by people of color, women.
#SenateHearing #PredatoryInclusion
@tjcrowley Fair - but see all the rhetoric about "inclusion" and "banking the unbanked." Plus the only *countries* where crypto was recognized as legal tender were extremely poor. #PredatoryInclusion
This is an early and important example of #PredatoryInclusion: the monopoly carriers delivered universal service to all of us, but that was a prelude to an ugly. parasitic, rent-seeking way of doing business:
https://t.co/qoY7ij97Gh 11/
This perfectly illustrates how crypto allows the rich to prey on unsophisticated regular folks. Fucking dark. #predatoryinclusion
This ad just describes a Ponzi scheme right? Am I going insane how did this run. https://t.co/gxAIfYcGzm
#PredatoryInclusion, defined.
(Statement from an finance company that makes 200% APR loans to people buying pets)
https://t.co/TMheo6fNbT
#PredatoryInclusion is a v relevant terminology for so much of what’s been happening in the last few years. From harmful tokenism in Hollywood industry to featuring BIPOC for the purpose of shilling all kinds of conspiratorial scams etc. It’s all just about furthering extraction
Crypto isn't a vehicle for financial inclusion. It's all a scam that uses the illusion of inclusion for the purpose of predation. Crypto is predatory inclusion.
Crypto #Bitcoin is running out of customers. They seek new customers amongst the poor in the global north and the global south. Lots of #Bitcoin academies are popping up in El Salvador #Bitcoin #Predatoryinclusion
@ProfHilaryAllen @ProfSautter @ChrisOdinet You’re so right. We need a more viscous term for #predatoryinclusion
Something the captures what type of evil person hunts and shreds victims who are already cast out, then masks self with virtue signaling and social superiority. 🤢
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