517
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 May 2024
517 points (98.3% liked)
News
23367 readers
1874 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. Do not respond to rule-breaking content; report it and move on.
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
Dude. You just said you wanted to invest in Facebook 😬
Even now doing so would still be profitable.
Yeah, but you'd be profiting from a platform that has repeatedly enabled genocide and other human rights violations, election fraud and the like. And Zuckerberg shows no sign of ever letting them stop as long as it continues to drive engagement and therefore be profitable.
Do you really want that blood money?
If you're basing your financial decisions on moral standings there's going to be a lot of companies you can't invest with. I'd argue that in order to be successful you have to unfortunately invest with unsavory people and companies.
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.
Obviously I wouldn't invest with them, but I also don't have any money to invest. You find me a morally aware investment banker, should be a fun search.
Obviously.
Whereas I'd argue that that's a poor excuse for knowingly profiting off of suffering.
Which is why people who value ethics higher than wealth hoarding try to not do business with those companies when it's avoidable.
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.
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?
"I know that I'm gonna have to do sns support non-ethical things. Straight up genocides even. But I personally don't care, because I want money so I can pretend that 'I've made it'"
" Hey, I'm just in the slave trade because it's so damn profitable. I would love doing it morally, but you try to find me a moral seller of slaves! "
Yeah that's exactly what they think. I'm only pointing it out I don't agree with it.
Profitable for your broker
Imagine an alternate timeline where you owned 12% of Facebook in 2003. Everything that happened still happens, except now you have money and some other facebook investor has a little less.