PDA

View Full Version : Both Wrong. Both Immoral. Both Dysfunctional



David G
09-21-2014, 01:35 AM
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/s480x480/156079_10152422140226275_2786249314779526760_n.jpg ?oh=72f1f0f0a079e40a189059f2daacd951&oe=54C05A03&__gda__=1422970085_7e9487f60bfa07a19157b730a6cdc4b 3

skuthorp
09-21-2014, 05:58 AM
It's your USSC.

Nicholas Scheuer
09-21-2014, 07:29 AM
The idea that corporations have no social contract with their employees, as well as the people they serve is immoral.

S.V. Airlie
09-21-2014, 07:33 AM
Obama Never contacts me!:) How immoral!

S.V. Airlie
09-21-2014, 09:48 AM
If your retirement is invested in the stock market, then you are the owners of these corporations. Your dividends are the only reason for their existence. You are the problem. Divest now!Unlike some here, I don't have a pension! I don't even have SS? Sooo what should I do? Put my money in my mattress?

Shang
09-21-2014, 09:48 AM
Comes the Revolution...

CWSmith
09-21-2014, 10:39 AM
Sadly, broad-based investment in our economy is really the only way to fund a retirement for most people. This means the stock market, social security, or a pension. Even land values depend on it.

The stock market is not the problem. Our unwillingness to regulate it better is.

George Jung
09-21-2014, 10:44 AM
Curious why 'no SS', Jamie.

AFA the USSC - I wonder if that decision will be reversed, and if this SC will one day be recognized as partisan and corrupt.

Nicholas Scheuer
09-21-2014, 10:44 AM
Agreed, CW Smith. One may choose to invest in equitable corporations, or Pirates; our choice.

CWSmith
09-21-2014, 10:53 AM
Agreed, CW Smith. One may choose to invest in equitable corporations, or Pirates; our choice.

Yes, but for many the option really is (1) become an expert in individual companies, or (2) invest in mutual funds. I find the former takes too much time and effort if I also want a job. There is little control over the latter, but there is some.

CWSmith
09-21-2014, 11:00 AM
Sorta got ya by the balls don't they? To big to fail.

Too big to fail is too big.

I'm not even sure that big is beneficial to society and the economy. They are just powerful.

hanleyclifford
09-21-2014, 11:30 AM
This is getting embarrassing. I agree with David - again. The corporate laws need a serious re-writing. Let's get a Populist governmet in there!

Chip-skiff
09-21-2014, 12:00 PM
Yes, but for many the option really is (1) become an expert in individual companies, or (2) invest in mutual funds. I find the former takes too much time and effort if I also want a job. There is little control over the latter, but there is some.

There are individual companies that are committed to doing good, such as Unilever (NYSE:UL):

Unilever defines sustainability broadly. It includes not just environmental factors but improving the lot of customers and workers—its own and those in its supply chain. It also aims to contribute to society as a whole. These goals are seen as necessary to maintain the firm’s “licence to operate” in an age when, Mr Polman believes, companies will be subject to increasing public scrutiny.

Specifically, by 2020, Unilever aims to: “help a billion people to take steps to improve their health and well-being”; halve the environmental impact of its products; and source all its agricultural raw materials sustainably, meaning that they should meet requirements covering everything from forest protection to pest control.

Progress on energy use and waste reduction—which the firm directly controls—has been impressive. Through recycling and efficiency drives, three-quarters of Unilever’s manufacturing sites now send no non-hazardous waste to landfills. Carbon emissions in its manufacturing operations are one-third lower than in 2008, through a combination of cleaner technologies and greater efficiency. Newly established best practices have spread faster than expected through the company, thanks to the creation of a central corporate team dedicated to spreading the word; previously this had been left to individual factories. The company also set up a “small actions, big differences fund” to invest in cost-saving ideas proposed by its business units.

http://www.economist.com/news/business/21611103-second-time-its-120-year-history-unilever-trying-redefine-what-it-means-be

It doesn't take a great deal of time to choose a few companies like this for investments. You might not make as much as with big oil or mining stocks, but you probably won't get hurt, either.

There are also quite a few socially responsible and/or "green" mutual funds that have decent yields, e.g. the Shelton Green Alpha Fund (MUTF:NEXTX). Unless you have tons of cash to invest, a few days of research should net you plenty of possibilities. My experience with growth investments is that mutual funds do a lot better in a steady way.

CWSmith
09-21-2014, 12:08 PM
^ Very interesting. Thank you. I'm not opposed to investing in single companies (and I do some) and there are mutual funds that are selective. I try to divest from tobacco, but that can also mean food products and such. Everyone owns everyone else.

I will examine this tip. Thanks.

bobbys
09-21-2014, 12:11 PM
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/s480x480/156079_10152422140226275_2786249314779526760_n.jpg ?oh=72f1f0f0a079e40a189059f2daacd951&oe=54C05A03&__gda__=1422970085_7e9487f60bfa07a19157b730a6cdc4b 3.

What is your moral code based on?.

Is a Corporation moral or immoral.? .

Are All corporations moral or immoral?.

Who judges which ones are righteous or un righteous?.

Are you the judge or priest ? .

I need more information to reach a conclusion.

bobbys
09-21-2014, 12:30 PM
Corporations are ammoral.
They are legal constructs to benefit the people that invest in them.
They have no moral compass
Only the people that created them and are invested in them have moral compasses.
Just like your tar-pot.
.

And my tar pot has nothing to do with slavery..

It feels like it and slaves do not work that hard.

S.V. Airlie
09-21-2014, 12:47 PM
Curious why 'no SS', Jamie.

AFA the USSC - I wonder if that decision will be reversed, and if this SC will one day be recognized as partisan and corrupt.Not 65. Yes, can get it and take a penalty for dong so but...

bobbys
09-21-2014, 01:04 PM
What!?! You are denying that slaves did hot tar work???.
Hey no body ever bought me a beer like in the shaw shank movie!

Bubba L.
09-21-2014, 10:58 PM
Corporations are ammoral.
They are legal constructs to benefit the people that invest in them.
They have no moral compass
Only the people that created them and are invested in them have moral compasses.
Just like your tar-pot.

Giving them person hood is immoral. The way that they are run is immoral. The things that they get away with are immoral.

Gene

I don't know about your tar pot but mine is a wicked bigot!