All Credit to the Workers!

[dimpy.handa]

the capitalist system is philosophically predicated precisely upon this classist assumption, that capitalists are the great paternalistic and benevolent benefactors of society, and therefore have a right to a dangerous and controlling portion of society's economic wealth and political power. This is an assumption that we're of course socio-culturally brainwashed to unquestioningly, naively, and dogmatically accept, which is why there are so many people who may not be filthy rich but who nonetheless identify and side with the economic elite and believe wholeheartedly in a socioeconomic system, i.e. capitalism, that is structurally designed to victimize the majority of those who live under it.

 

[shivibhanot]

What is the purpose of a credit union?
The primary purpose in furthering their goal of service is to encourage members to save money. Another purpose is to offer loans to members. In fact, credit unions have traditionally made loans to people of ordinary means. Credit unions can charge lower rates for loans (as well as pay higher dividends on savings) because they are nonprofit cooperatives. Rather than paying profits to stockholders, credit unions return earnings to members in the form of dividends or improved services.