Problem

Undue concentration of capitalist banks

Other Names:
Banking monopolies
Growth of transnational banks
Nature:
The main volume of capitalist bank operations is concentrated into an increasingly diminishing number of large and very large banks. This leads to the emergence of bank monopolies merging with industrial monopolies; and threatens to cause to a financial oligarchy.
Problem Type:
E: Emanations of other problems
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced Inequality
Date of last update
01.01.2000 – 00:00 CET