3 ms·

You probably wouldn't want to invest into something unknown if you then were liable for damages caused by it. Which is, I think, the point of the article.

• bpt3 7y ago
  As a passive investor, every investment option is an unknown, and therefore no investments could be made where the investor doesn't have direct control over the decision making process at the firm.
  • tpm 7y ago
    Exactly. Capitalism would be completely transformed.
    • bpt3 7y ago
      Capitalism wouldn't (we wouldn't suddenly switch to socialism or some other economic model), but the investment markets would in that they would cease to exist. I don't see that as a good thing for individuals or society.
    • pmiller2 7y ago
      Sounds good to me.