I honestly hate people who invest and are into all this investment stuff. To me it's everything wrong with capitalism. Why can't we have a system like in the 1940s - 1970s where people didn't even know what the fuck investing was, their employer and union ensured they had a pension where professional asset managers took care of everything. The large stock of capital was via pension funds that built wealth for workers, and on top of that we have social security and/or government funded pensions like they have in Canada or Scandinavia.But... since Reagan got rid of all the FDR New Deal Policies that built the middle class, I'm forced to participate. What are some ethical investments? I'm looking to sell all my index funds because they hold a lot of immoral companies like Facebook (META), Raytheon (Military-Industrial Complex), KKR & Blackstone (Private Equity scumbags), and mega-banks like Goldman Sachs that screwed millions of people over, not to mention Altria (cigarettes/vapes), and MGM Resorts (Casino), and Nike (Child labor).I was looking at investing in Bitcoin but I personally think crypto is immoral. Not only is it used for lots of crime, terrorism, and tax evasion, but the entire idea of crypto is antithetical to a fiat system. FDR's New Deal would be impossible if it weren't for his gold seizure that allowed him to expand the money supply under the Federal Reserve At.
I was looking at Berkshire Hathaway since Charlie Munger ensured they only invested in ethical businesses, but turns out they invested in Coca-Cola while it was funding death squads to kill labor union leaders in South America, and they privately own BNSF Railroad which I think is highly immoral as railroads should be nationalized and owned by Federal Governments.An investment I almost made was in MTCH (Tinder) which I consider pretty Liberal and pro sexual freedom, but... turns out they were very involved in the Iraq war. They fund a lot of this regime change bullshit so they can access new markets. Islamic Theocracies and Secular Nationalist Dictators tend to promote monogamy and family values shit and don't allow Tinder, Tinder funds organizations like Project for the New American Dictatorship so that the new puppet governments will legalize tinder. They are as bad as the military industrial complex.Help me find an ethical investment.
>>33718827Goddam I have the same issue! No matter how hard I try, I can't bring myself to do it. I always end up thinking how much is the cost of my soul. Saving the thread in case anyone has good advice.And for me personally, I went into real estate investment instead. But if there is ethical stock investment, would love to know.
>>33718829It makes me sick when ordinary people invest in the r&d of weapons
Perhaps it may be good to borrow inspiration from what is readily available such as reliable publically available statistical data to thesis and dissertations rotting on organizers.A company or corporation is, at its most minimum, a folder filed somewhere, and an investment is anything that completes the journey back favorably.
>>33718827>Why can't we have a system like in the 1940s - 1970s where people didn't even know what the fuck investing was, their employer and union ensured they had a pension where professional asset managers took care of everythinghttps://en.m.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fallDoesn't matter if it was Reagan or if Democrats kept getting elected like FDR LBJ etc. It wasn't sustainable. There's no way to keep up being the only superpower left standing after the world destroyed itself in a war and all owed us money. No good intentions could have changed a single thing, it's just a bad system. You can't grow forever
>>33718827>since Reagan got rid of all the FDR New Deal Policies that built the middle classthat is a gross misread of what happened.>Not only is it used for lots of crime, terrorism, and tax evasion, but the entire idea of crypto is antithetical to a fiat systemregular currency is used for all these things too.You have the freedom to do the work to build your own portfolio of 'ethical companies,' why aren't you out of curiosity?>>33719292>No good intentions could have changed a single thing, it's just a bad system. You can't grow foreverHowever bad you think it is, the free market allows you to diversify your risk. Most systems don't, and most also don't lead to much of any personal wealth for anyone at all.
>>33718827Does NO ONE on 4chan know how to use Google?Google "ethical mutual funds"
>>33718827Ah yes, the glorious 1940s!Average wage $1.00 an hourHitler at his peakColoreds knew their placeAnd women
>>33718827the difference in answers between here and the /biz/ thread is amazing
>>33720372/biz/ is full of soulless jeets who would happily kill their mother if they thought they could make $1000 from doing it.
>>33720423tbf i don't know what you expected starting your post off saying you hate people who invest lol
tldr finish sophomore year of college and learn about the real world. Everybody is out to fuck you so there’s no point in being a lesbian socialist tranny
>>33720435Learn how the world works, you have the views of a child
>>33719486>the free marketno such thing for more than 100+ years. literally everything since Teddy Roosevelt has succeeded or not based on whether the government decides to intervene and crush it or help it out
>>33718827it's no coincidence that what got america into the great depression was free market speculation and investment banking while what got us out of it was fordism and the buildup of labor and a robust welfare state during the new deal era.things were generally alright until the 1980s when the so-called 'revolt of the elite' happened. this was when the big corporate ceos got fed up with having to cowtow to workers' rights and started lobbying hard to get reagan into office where his administration implemented the infamous 'reaganomics' we've all heard about.the american system has been doing this seesawing between free market capitalism and something resembling social democracy (which, to be fair, is also shit) for a long time, think of the gilded age as another example of this economic flip flopping.major flaw of the constitution and its tripartite division of powers ... turns out you actually need a certain degree of totalitarianism to keep moving forward.... there's no point in pursuing social progress if free market interests can basically just undo it all once their bottom line takes a hit.
>>33720879this statement, and your absolutist worldview behind it is useless here, both in principal and to the OP.so.... maybe /pol/ is where your inanity belongs?
Ethical investing doesn't exist, period. Corporations make profit only because they are stealing from workers. That doesn't mean that you can't buy stocks, just that trying to pick ethical multionational companies is futile.
>>33718827Just invest in hand picked whatever, you commie piece of shit.
>>33718827>To me it's everything wrong with capitalism>Why can't we have>employer and union ensured>professional asset managers took care of everythingYour econ-major autism aside, are you actually fucking retarded? How does your kind actually survive out here?See the parts of your post that I quoted? Ever wonder why the most powerful people seem to be the worst people you know?Because idiots like you wait for someone less ethical to step up and take care of everything.Just let the fucking employers handle it. Just make the professionals do the hard work for me.Even in the most utopian perfect communist society you would still be at the lowest most untouchable level of the proletariat
The problem with your question isn't whether or not there are companies to invest in that are ethical, it's rather that you're a childish commie who doesn't actually understand where ethics come from and your entire value system is based upon dismantling western civilization, so it's all a giant catch-22
