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That is not true. The goal of banter isn't to belittle others seriously, it is often just used to break the ice or for some fun in between work. It is not about a group bullying another.

Many places that require nice language are far more toxic. Or perhaps any place with strict behavior and language rules is toxic, it often seems to be the case.

The parent said that women don't get it. I disagree, most of them working in such environments get it just like men. There are some exceptions for either gender.

The role of banter absolutely can be to belittle people -frequently it’s used as a tool for establishing a pecking order.

There’s nothing better for team cohesion than agreeing on the person you are going to bully

I am so glad that the betting culture all but dissapeared before I entered the workforce.

Hearing old stories of what people did make it seem like some sort of thug culture. I wonder what share of workplace 'accidents' was due to betting.

Close people can joke like that. Joking like that before you become close is rough attempt at manufacturing closeness fast. If it works it works, if it doesn't it gets nasty.