You know, this isn't far from reality. Many of us have managed IRAs or invest in mutual funds and end up with some of our money where we don't want it, and it's hard to communicate. Are there any mutual funds or whatever that are focused on positive investments, and if so, do they actually grow?
It is reality. And unfortunately any "ethical" funds usually just focus on avoiding oil companies or military companies but are just fine with AI companies, surveillance companies, eugenics companies and so on. Nobody agrees on what is ethical I'm afraid. One man's unethical practice is another man's unethical-to-avoid practice.
Agreed. And, sadly, there seem to be fewer and fewer companies that have being good citizens as a priority. We're a long way from google's "Don't be evil" thing, for sure.
But it would be fantastic for a company to offer a translation layer so you can check off the types of stocks you don't want to support, and it would customize an "index" to your ethical values by starting with a regular index and removing non-compliant companies.
there are good transhumanistic investments. my dad had a deep brain stimulator implant and the line between "it saved his life" and "it added 10 healthy years to his life" is semantics.
I wouldn't trust those funds myself. Plenty of oil companies say they're all about reducing CO2 and as I remember ESG was playing favorites rather than reflecting carbon emissions. Even companies that are trying to reduce emissions can still be invading people's privacy, lobbying (bribing) for bad legislation and doing other evil things.
18 replies
You know, this isn't far from reality. Many of us have managed IRAs or invest in mutual funds and end up with some of our money where we don't want it, and it's hard to communicate. Are there any mutual funds or whatever that are focused on positive investments, and if so, do they actually grow?
It is reality. And unfortunately any "ethical" funds usually just focus on avoiding oil companies or military companies but are just fine with AI companies, surveillance companies, eugenics companies and so on. Nobody agrees on what is ethical I'm afraid. One man's unethical practice is another man's unethical-to-avoid practice.
Agreed. And, sadly, there seem to be fewer and fewer companies that have being good citizens as a priority. We're a long way from google's "Don't be evil" thing, for sure.
But it would be fantastic for a company to offer a translation layer so you can check off the types of stocks you don't want to support, and it would customize an "index" to your ethical values by starting with a regular index and removing non-compliant companies.
Agreed but I haven't heard of that
https://www.wealthsimple.com/en-ca/quote/tsx/wsri
Nice one
there are good transhumanistic investments. my dad had a deep brain stimulator implant and the line between "it saved his life" and "it added 10 healthy years to his life" is semantics.
You can choose to invest in non evil companies too you know. Mine is in some sustainability fund targeting low/zero carbon emissions.
Tbh I don't pay much attention to it, money go up and its not doing evil. Good enough for me.
I wouldn't trust those funds myself. Plenty of oil companies say they're all about reducing CO2 and as I remember ESG was playing favorites rather than reflecting carbon emissions. Even companies that are trying to reduce emissions can still be invading people's privacy, lobbying (bribing) for bad legislation and doing other evil things.
Mining companies have a Sustainable And Not At All Unstable Development™
What the fuck is that graph?
Not sure what the complaint is about transhumanism...? Unless there's some other meaning I'm unaware of.
Have you seen Gattaca?
No. What is it?
It was produced by Danny Devitto.
https://en.wikipedia.org/wiki/Gattaca
Thanks. Now if only OP would explain why they brought it up.
transhumanism is poorly defined which is the biggest part of the problem