Do you remember the part in Schindler's list where his factory's weapons and ammo were all out of spec and couldn't be used?
this post was submitted on 03 Dec 2024
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In theory if you could use any profits to make counter-investments or buy enough stock to be able to influence them to move in a different direction then your strategy might be viable, but unless you literally just buy 1 share to be able to harass them at stockholder meetings then in all likelihood your money is doing more harm than good.
Best to just straight up invest in organizations that are effective in stopping these things and influencing policy against them.
I think the private prison system is one of the worst institutions in the world. I think the reality of the stock market has no connection to capital reinvested into businesses vs shareholder dividends. Investments at this scale are not like giving a three person startup 2 million dollars. They're not growing their businesses by putting it all into capex.
Are you an asshole for gambling on whether Trump will keep his word, using the systems in front of you? Dare I say it? No. You're not.
I don’t think it’s bad to profit from the US economy even though some of those profits would end up being by very evil means. At least in that way, you don’t really have a choice as the economy is very interconnected.
But in this scenario you do have a choice, there are plenty of ways to invest and make money without going out of your way to be extra evil.
Sorry about the ugly comment you are receiving. Seems people on lemmy love to enforce the godwin's law.
My opinion: be careful, all the anti immigration rhetoric is just ineffective gesticulation (like with the wall). A lot of nothing to please the racist population... and scare the illegal workers so they accept slave wage, thus enriching the owners of hotels, farms, restaurants.. etc.
The prison wont gain much , or at least not as much as some traditional business
Unless you got hundreds of thousands in assets to invest, you are only gambling on the suffering and slavery.
I would also ask yourself if this is beneficial at all.
Look at their historical prices. Investors have already bought into this.
I say who the fuck cares what some Internet randos think. I bet you ten shares that more than a handful of the people taking about ethical conundrum didn't even vote this past election.
The only thing that matters is can you live with it? If you can, go for it and make a buck working within the confines of Americans values because if you don't, someone else will.
I'll tell you that I don't regret buying into the reddit IPO despite its various ethical scandals and going forward here my family and future matters more at this point than anything the average American says since they voted or say on their asses and literally didn't vote for all of this.
Yes