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" ... Neobanks are transforming consumer banking and small business lending in many laudable ways. Speed, simplicity and convenience are all worthy innovations and fix long-entrenched problems. But banking need not become a race to the no-frills bottom. Neobanks posit a future where banking is simple, ubiquitous and commodified -- where everyone’s banking needs are identical and never change, and human expertise ceases to matter. The future I picture is much brighter -- where speed and convenience in banking can coexist with friendly service and localized expertise. Traditional banks can deliver that future, and it’s one we all deserve. ... "
" ... Since the 61-year-old Kurzius took the reins three years ago, sales are up 26% to $5.4 billion, and the stock price of the company—based outside of Baltimore—has doubled. That market performance and a reputation for creativity in a commodified industry are what have landed Kurzius in the 37th spot on our first annual list of America’s 100 most innovative corporate leaders. ... "
" ... Soo too is challenging the wider culture around damaging masculine behaviours. Though Gillette received flack for their commentary on toxic masculinity, having previously commodified women’s bodies through their advertising, the shift in perspective was made clear. #metoo was addressed alongside mansplaining, and men encouraged to consider their behaviour towards women. ... "
" ... When China makes everything, it gets commodified. When China makes everything, other big countries, ours included, make less. The economy suffers, incomes stagnate, even if the market rises. ... "