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I can understand the criticism that it's not adding value to the world. However, the same could be said of the stock market in general. If they shut that down,
by smcn 4y ago
I can understand the criticism that it's not adding value to the world. However, the same could be said of the stock market in general. If they shut that down, I'll happily close Feetr.
In the meantime, someone will be making money from the stock market. Why shouldn't it be you? Or me? Or anyone reading this?
- uoaei 4y agoThe exact same thing could be said by the people running toxic mining operations with clearly safer alternatives, monopolistic healthcare firms who regularly deny basic access, lobbying operations to eliminate laws that keep kids from getting addicted to nicotine, and plenty else. These are all things your investments are surely contributing to. Ethics is hard because there's no enforcement like there is in the legal system. You have to think through the consequences of your actions yourself to understand the harms you engender throughout the system you inhabit, and then choose for yourself what level of harm you feel is acceptable to bring onto others for your own benefit.
- smcn 4y agoSure, I guess. However, the market will not die due to my lack of participation. It would be amazing if we lived in a world where morality would win out but we don't. My concern is "how do I help the most amount of people?", and that's why Feetr is public and cheap. You can live the life that makes you happiest but how are you helping people deal with the current economic downturn? There's a food bank near me and the line is much longer than I'd care to describe. It's not even cold yet. And it's going to get much worse. You can either pretend to help by avoiding the big bad, or you can work within the current framework to try to do as much good as you can.
- uoaei 4y agoI give my time to folks in my neighborhood who are food-insecure, and help those who can't or won't drive to fix their bikes so they can still get around to their jobs, doctor's appointments, grocery runs, etc. Why do you ask that question when you have nothing to show in kind? Further, why do you imply that participating in the market contributes to "good"? Your reliance on a false dichotomy to make your point shows everything about how little you care about the actual problems we face as a society, if you can only come up with such unimaginative and ultimately selfish approaches. I don't understand why people snap back like you have, when you have literally nothing to stand for.
- smcn 4y agoI'm saying that helping people make money is good.