• Viking_Hippie@lemmy.world
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    5 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.

    • Echo Dot@feddit.uk
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      5 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?