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One could argue that it would be unethical to use your investors’ money as a political (or even idealogical) bullhorn. Notwithstanding, such a position places
by polartx 6y ago
One could argue that it would be unethical to use your investors’ money as a political (or even idealogical) bullhorn.
Notwithstanding, such a position places zero restrictions on doing the same with your own money..but corporations make for more interesting headlines than the individuals that run them.
- mempko 6y agoThe fact that there are investors in the first place is completely because of politics. Other politics might have different ownership models.
- jasonhansel 6y agoI think it's pretty clear that one's moral duty to oppose racism far outweighs one's fiduciary duty to investors.
- roenxi 6y agoEveryone at Coinbase opposes racism. They just disagree with noisy activists about how.
- jasonhansel 6y ago> Everyone at Coinbase opposes racism. That is clearly false, given the evidence collected by the Times, which shows an extensive pattern of racist conduct.
- 0xy 6y agoDo you think 11 instances in a company of 1,394 employees shows an "extensive pattern"? We also don't know how many of those were even accurate or corroborated.
- joshuamorton 6y agoWhen it's 50% of the black employees, yeah. When discussing issues in crosstabs, you can't use the overall number as the denominator. That's bad statistics.
- 0xy 6y agoWhy are black employees the only PoCs that matter? Are you suggesting 100% of the non-black employees aren't marginalized? To get a complete view, surely you need data from Asians, Indians and other minorities.
- joshuamorton 6y agoI am suggesting that even if no other employees are marginalized, the marginalization of black employees is an issue that needs to be addressed.
- 0xy 6y agoWhy did you say that 11 employees of a single race reveal a "extensive pattern" of racism then? This seems to imply other POCs don't matter.
- joshuamorton 6y agoBecause an extensive pattern of racism against Black employees is still an extensive pattern of racism. Being an exceptional employer to Asian or White or Middle Eastern employees does not excuse an extensive pattern of racism against Black employees, and vice versa. Like, I'm not sure how to clarify this further. Being racist against only a specific race or races is very much still racism (sort of by the definition, isn't it).
- 0xy 6y agoI don't think it's extensive because of the very low sample size, the fact we don't know about each instance and none of it has been corroborated. I'm also uneasy about letting black people speak for other POCs on this issue. In my experience, racists tend to be racist towards multiple or all other races rather than a single one -- hence why you dismissing other POCs views on it doesn't make sense to me. Less than 1% is not "extensive" by anyone's metric, either.
- tetrometal 6y agoThe NYT has long been complicit in promoting the divisive and racist woke/CRT cult. I can't imagine either side of this genuinely believes they are an impartial party.
- demarq 6y agoif a house is burning and you have the fire extinguisher, you don’t get to be neutral buddy you run a company and tell people they will feel included and then they face discrimination... well your house is on fire, you are the leadership and decide not to use you position to do anything but yeah let’s make it zero sum and say that looking after the investor means that we can treat black people with some decency BS