alt Hacker NewsThat’s exactly what you would want your money manager to say. It’s their job to turn a profit.
In turn you also want democratically elected politicians above that saying “yes, but the people want their money made ethically, so you can’t do that”.
Replies
petterroea • today at 11:08 AM
Of course, some back-and-forwards is healthy.
In a good system both sides fight for their interests, and the outcome is some middle road compromise that optimizes for everyone's benefit.
Natfan • today at 11:09 AM
sorry, but i wouldn't want my money manager to attempt to engage in unethical or illegal practices in order to turn a profit...
➕ show 1 reply
> That’s exactly what you would want your money manager to say. It’s their job to turn a profit.
The job of the police is arresting people who break the law, but similarly to your money manager, you really don't want them to do this regardless of anything else, there is more things to consider than just "do everything you can to arrest people", and hopefully the same for your money manager. But also, I might be too European to understand the true value of "money grow regardless of society cost at large".