By investing in publicly traded stock, you’re purchasing part ownership of the means of production and making profits off someone else’s labor. I don’t see how you can even justify owning small amounts of stocks when it contributes to such awful things on a massive scale.

  • Rufashaw [he/him,they/them]
    ·
    4 years ago

    I've struggled with this a lot and my solution has been that I have a number basically where I could retire on and any amount past that(hypothetically ofc Im no where near it) gets immediately donated to either leftist orgs or helping the global south(imo the most effecient is mosquito nets as it says the most lives per dollar stats wise ~$2300 per life saved iirc) If I reach that number earlier than I want to retire I keep working and money gets donated, also only investing in indeces/etf like things not doing the stupid gambling no directly supporting companies that are wholly unethical, but at some point you have to retire ya know its not ideal but it's true