Can you ethically invest in unethical companies?
blogs.reuters.com
Can you ethically invest in unethical companies?
1–10 of 17 posts
Re: Can you ethically invest in unethical companies?
#2Tldr: according to the article, the answer is a resounding "no".
Re: Can you ethically invest in unethical companies?
#3Yeah, unemployment and zero services. That's the way to make the world a better place.
Mz, who owns no stocks at all because nothing is good enough for my picky ethical standards. Has nothing to do with lack of funds. I swear! It's solely because of my Lawful Awful alignment 1 orientation.
(oops, I have nearly $50 in a retirement account invested in stocks -- need to divest myself of that)
Re: Can you ethically invest in unethical companies?
#4No, you can't ethically invest in an unethical company. However, you still need to answer the question: what is ethical? Next, if you have an answer, how do you know it? Don't forget to follow Mrs. Rand's immortal adage: check your premises.
Re: Can you ethically invest in unethical companies?
#5No, you can't ethically invest in an unethical company. However, you still need to answer the question: what is ethical? Next, if you have an answer, how do you know it? Don't forget to follow Mrs. Rand's immortal adage: check your premises.
Also, you need to answer the question, "what if I don't really exist?"
Re: Can you ethically invest in unethical companies?
#6No, you can't ethically invest in an unethical company. However, you still need to answer the question: what is ethical? Next, if you have an answer, how do you know it? Don't forget to follow Mrs. Rand's immortal adage: check your premises.
Also, you need to answer the question, "what if I don't really exist?"
If you don't then the answer is moot
Re: Can you ethically invest in unethical companies?
#7While accompanying my father to his financial advisor, I had the opportunity to decide what to do with some funds I had inherited. The advisor had given me several prospectuses to look over, and I had ruled out some funds because they had Altria (the former Philip Morris) as one of their largest ten holdings. I told him of my choices, and he laughed, saying that there was no way to get away from such companies.
Quite sad, but that's reality.
Re: Can you ethically invest in unethical companies?
#8[deleted]
Re: Can you ethically invest in unethical companies?
#9While accompanying my father to his financial advisor, I had the opportunity to decide what to do with some funds I had inherited. The advisor had given me several prospectuses to look over, and I had ruled out some funds because they had Altria (the former Philip Morris) as one of their largest ten holdings. I told him of my choices, and he laughed, saying that there was no way to get away from such companies. Quite…
Everyone else doing it doesn't make it right.
Re: Can you ethically invest in unethical companies?
#10Interesting follow up question that I have no particular answer to: If you accept that it is unethical to invest in companies that are behaving in a manner you believe is unethical, is it ethical to short them?