People´s power is based on information and access to social media as well

The big banks are all under serious scrutiny. Their public image is at present very shaky. Every day we get news that more wrong-doings have been uncovered and that new huge fines have been decided against some banks. Very soon the public opinion will start asking questions about the bankers, not just the banks. People will expect individuals to be brought to the book.

At a time of mass access to information and widespread use of social media as a communication tool, one has to realise that all those in position of power, be it political, economic or financial, will be very exposed to the public eye. This is a new age of transparency. And in many aspects, it´s a new way of creating mechanisms of power control. Change is indeed taking place. Power is being challenged.