3 ms·
The complete lack of ethics in the investment community?
by godshatter 5y ago
The complete lack of ethics in the investment community?
- sonicanatidae 5y agoI do not disagree with you, but nothing about humans favors ethics. Human nature, sadly, favors "F-U, I got mine", and when it comes to money, it's even worse.
- beaconstudios 5y agoI don't think human nature favours that, because we were originally tribal, and we possess the capacity for empathy. I think capitalism promotes sociopathy.
- godshatter 5y agoI think it's also a case of "if you're not going to do that, someone else will and eat your lunch". I wonder how much things would be different if far fewer companies publicly traded their stock.
- beaconstudios 5y agothat's part of it though; it's not like engaging in business just makes you greedy (though obviously it does draw greedy/sociopathic people), it's that the mechanisms of capitalism specifically encourage you to be ruthless, either to maximise profits or stave off competition.