527
submitted 4 months ago by jeffw@lemmy.world to c/news@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] Viking_Hippie@lemmy.world 2 points 4 months ago

If you're basing your financial decisions on moral standings there's going to be a lot of companies you can't invest with

Obviously.

I'd argue that in order to be successful you have to unfortunately invest with unsavory people and companies

Whereas I'd argue that that's a poor excuse for knowingly profiting off of suffering.

Some of the most profitable companies in the world will be Banks that hid Nazi gold, companies who underpay their workforces, and manufacturers who use child labor in China.

Which is why people who value ethics higher than wealth hoarding try to not do business with those companies when it's avoidable.

You find me a morally aware investment banker, should be a fun search.

By definition impossible since stock trading is inherently immoral as it's a fake wealth casino for the rich with (usually negative) real world consequences for everyone else.

[-] echodot@feddit.uk -2 points 4 months ago* (last edited 4 months ago)

I'd argue that that's a poor excuse for knowingly profiting off of suffering

It's not an excuse it's a justification

I feel like you'll miss him the point. You're expecting people who don't share your values to share your values. Why would they do that?

this post was submitted on 23 May 2024
527 points (98.3% liked)

News

23105 readers
5279 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS