Harvard University’s governing board rejected an effort from faculty Wednesday to allow a group of 13 students sanctioned due to their participation in pro-Palestine protests to receive their degre…
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.
Not uniquely, but worse than most, since FB knows the problems, knows exactly how to fix them and actively chooses not to in order to maximize profits.
Not to mention that I happen to consider things like genocide and ethnic cleansing the worst of all crimes, which makes abetting those worse than the crimes of most other companies.
Fact is that Facebook is one of the most powerful entities in the world, more powerful than many if not most countries and they’re knowingly abusing that power for profit.
There’s nothing weird about holding them more accountable than for example a company with shoddy wages and working conditions. That’s of course unacceptable too, but it’s nothing compared to the atrocities of Facebook.
Again: genocide. Ethnic cleansing. Huge scale election fraud. Basically contributing to the demise of civilized society on hundreds if not thousands of occasions.
I know that basically all big companies are awful in one way or the other (usually several), but there is such a thing as differences in scale and there’s no doubt that FB is one of the worst of the worst.
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.
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.
I’d argue that in order to be successful you have to unfortunately invest with unsavory people and companies
“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’”
You find me a morally aware investment banker, should be a fun search.
" 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! "
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.
I mean, over a career, that’s practically trivial. The $300-500k you pay in tuition can quickly be recouped when your starting salary is in the $200-400k range and only goes up from there. You’ll be doing far better as a Harvard grad than a trade school apprentice. And if you’re an aspiring SCOTUS judge or Fortune 500 CEO, there’s few places that offer you better prospects. After that, the sky’s the limit. 1000% ROI is conservative.
But just getting into Harvard requires a certain exceptional resume and social standing. Bush getting into Yale and Kennedy getting into Harvard are less the exception than the rule. The MBA is just the way you signal to people not immediately familiar with you that you’re “in the club”.
But if you run off and spit in the face of American Imperialism, clearly someone at the Harvard admissions board made a mistake.
If a dropout from Harvard starts a company doing literally anything then I would like to invest, please.
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?
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Not uniquely, but worse than most, since FB knows the problems, knows exactly how to fix them and actively chooses not to in order to maximize profits.
Not to mention that I happen to consider things like genocide and ethnic cleansing the worst of all crimes, which makes abetting those worse than the crimes of most other companies.
Fact is that Facebook is one of the most powerful entities in the world, more powerful than many if not most countries and they’re knowingly abusing that power for profit.
There’s nothing weird about holding them more accountable than for example a company with shoddy wages and working conditions. That’s of course unacceptable too, but it’s nothing compared to the atrocities of Facebook.
deleted by creator
Again: genocide. Ethnic cleansing. Huge scale election fraud. Basically contributing to the demise of civilized society on hundreds if not thousands of occasions.
I know that basically all big companies are awful in one way or the other (usually several), but there is such a thing as differences in scale and there’s no doubt that FB is one of the worst of the worst.
deleted by creator
Do you not buy anything from China?
https://worldwithoutgenocide.org/genocides-and-conflicts/genocide-of-the-uyghurs-in-western-china/china-tibet-and-the-uyghurs
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.
Harvard Business School grad’s Ponzi scheme swindled alums out of $2.9 million, New York attorney general says
That is hilarious. “I got an MBA from Harvard but totally believe I can get a 500-1000% return on my investment”
I mean, over a career, that’s practically trivial. The $300-500k you pay in tuition can quickly be recouped when your starting salary is in the $200-400k range and only goes up from there. You’ll be doing far better as a Harvard grad than a trade school apprentice. And if you’re an aspiring SCOTUS judge or Fortune 500 CEO, there’s few places that offer you better prospects. After that, the sky’s the limit. 1000% ROI is conservative.
But just getting into Harvard requires a certain exceptional resume and social standing. Bush getting into Yale and Kennedy getting into Harvard are less the exception than the rule. The MBA is just the way you signal to people not immediately familiar with you that you’re “in the club”.
But if you run off and spit in the face of American Imperialism, clearly someone at the Harvard admissions board made a mistake.