[Shoue]

Not really, systems affect our behaviour. We created the system that is our current market economy, and we have the ability to construct new systems that encourage better behaviour. For example, studies show that cooperatively ran businesses are more ethical and more stable:

> [...] Additionally, "cooperative banks build up counter-cyclical buffers that function well in case of a crisis," and are less likely to lead members and clients towards a debt trap (p. 216). This is explained by their more democratic governance that reduces perverse incentives and subsequent contributions to economic bubbles.

> The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7 per cent of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report.

> [...] in France and Spain, worker cooperatives and social cooperatives "have been more resilient than conventional enterprises during the economic crisis".

> Public trust in credit unions stands at 60%, compared to 30% for big banks and small businesses are five times less likely to be dissatisfied with a credit union than with a big bank.

In other words, this behaviour doesn't happen everywhere. It's specific to certain types of businesses.

Paragraphs from here: https://en.wikipedia.org/wiki/Cooperative#Economic_stability

[scarface74]

> Public trust in credit unions stands at 60%, compared to 30% for big banks and small businesses are five times less likely to be dissatisfied with a credit union than with a big bank

All organizations seek to accrue power and revenue - even “non profits”.

I saw it from one of the local credit unions I worked at in college…

1. First it was a credit union for a few large companies

2. Then it redid its charter to become a “regional credit union”

3. Then it said “fuck it we are bank”

Meet the old boss..

[mcculley]

Indeed. This is why some (relatively few) organizations are designed to limit growth. Not all credit unions have the problem of growing to serve other customers.