Why do you believe that societal patterns of wealth and poverty are structural?
Replied byCoen Jonker
Founder & CEO at Tyme Group
Niche: Finance
Revenue: Not Publicly Disclosed/month
Location: Singapore
Started: 2012
We grow up with a false narrative that how well people do is purely a function of individual talent and work ethic. While those are important, societal wealth patterns are structurally determined. The banking sector plays a massive role in either reinforcing these patterns or opening up opportunities for inclusion.
0
From the Full Interview
This answer is part of a full interview with Coen Jonker, Founder & CEO at Tyme Group.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Coen Jonker's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
Why do you believe that bank branches have no future in modern finance?
By Coen Jonker
Finance
Not Publicly Disclosed/mo
Why do you believe that high global deficits will eventually become a serious economic problem?
By Jamie Dimon
Finance
Approx. $15 Billion/mo
Why do you believe that clear regulatory rules are essential for the country and the industry?
By Mike Novogratz
Finance
Not Publicly Disclosed/mo
Why do you believe payments and digital communications are the new economy's rails?
By Coen Jonker
Finance
Not Publicly Disclosed/mo
Why is it a concern that the global community has lost focus on financial inclusion?
By Coen Jonker
Finance
Not Publicly Disclosed/mo
Why do you predict that Swift will not remain the primary tool for international money transfers?
By Coen Jonker
Finance
Not Publicly Disclosed/mo
What is your investment thesis on Uber, and why do you believe its market position is secure?
By Bill Ackman
Finance
Not Publicly Disclosed/mo