4 ms·
> What if investing in a company was in fact an act that bears consequences? The investing market would shrink. > Would it make people invest more wisely in t
by bpt3 7y ago
> What if investing in a company was in fact an act that bears consequences?
The investing market would shrink.
> Would it make people invest more wisely in things that are less damaging?
People are incapable of investing "wisely" enough in a company where they don't have any meaningful access to data or control over employee behavior, so I would say the answer to this is no.
> Would we hold corporations to a higher standard of responsibility?
Probably not, as holding corporations to a higher standard isn't really the job of individual, passive investors. Institutional investors might try, since they do so already, but you can see how successful that has been.
> A faceless corporation won't keep you warm at night, no matter how much love you profess to them.
I don't expect them to do so, so I'm think I'm fine here, but thanks so much for your concern.