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#predatoryinclusion — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #predatoryinclusion, aggregated by home.social.

  1. Cory Doctorow @[email protected] ·
    CW: Long thread/6

    Apologists for this system will say that you don't have to be good at stocks - you just have to pay an #IndependentFinancialAdvisor to pick the stocks for you and you'll be fine. But IFAs don't work for free! What if you can't afford one?

    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.

    6/

    #independentfinancialadvisor #predatoryinclusion
  2. Cory Doctorow @[email protected] ·
    CW: Long thread/27

    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 because it denies #Black families the right to be tricked into paying for something they are entitled to get for free:

    pluralistic.net/2023/09/27/pre

    I thought Intuit's #wokewashing, I thought was woke capitalism's rock bottom, but I was wrong. Stellantis's call for woke scabbing is a new low.

    27/

    #predatoryinclusion #intuit #freefile #black #wokewashing
  3. Cory Doctorow @[email protected] ·

    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":

    journals.sagepub.com/doi/10.11

    --

    If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

    pluralistic.net/2023/09/27/pre

    1/

    #predatoryinclusion