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Culture War Roundup for the week of April 21, 2025

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What’s the practical difference between a significant advantage and a requirement in a lucrative and competitive industry? Sure, we can go back up thread and parse “have to”. I fully concede there is no law mandating it.

To the degree there's a misunderstanding between us, it's because my initial question was aimed at clearing up any misconceptions that other posters may have had that banks have to be in NYC because the stock exchange is there or because of laws or whatever.

More broadly and theoretically, there's a moral difference to me between the two situations:

a) The government legally requires that I go to a location, and then creates policies that restrict how I can reach that location. Such as placing it out of town and away from transit somewhere that can only be reached by car so that poor people and drunks are out of luck or taking an expensive Uber; or placing it downtown somewhere without any available parking where I can't reach it by car.

b) There exists a Thing, government makes a decision which restricts which transit modes can most conveniently reach the Thing.

Scenario a) strikes me as inherently tyrannical in that they're double-dipping on government power, while b) strikes me as the kind of inevitable choice about whose ox will be gored today that is inherent in any government decision. It strikes me as fully within a government's core competency to make choices that will benefit one group or another. If the financial industry in NYC really, really didn't like it, it's unlikely it would have been implemented in the first place; Wall Street is hardly an oppressed minority.