Stretch
Well-known member
Business Ethics went out the window in the 1980s with the concept of Shareholder Value. It has been screwing up everyone from employees through to investors since the 1980s. Ideated by Jack Welch and made poinsonous by management consultancies (McKinsey etc al). All driven by greed and not giving a s**t about anyone else.
Market regulation is a joke because all the politicians are in the pockets of the people who don’t want market regulation. “Think Tanks” and “Political Donors” should simply be illegal. You should not be able to buy political decisions and that (in my very humble opinion) is the root cause of the putrid behaviour of our stock markets.
Unfortunately, as a consumer your options are limited. You can buy from more ethical companies (if you can afford it), you can bank with the institutions that come within spitting distance of ethical behaviour; and you can invest (pensions et al) as ethically as you can (and define your own ethical priorities). But you can (in theory) choose who you work for - so if your employer‘s choices are corrupt (carefully chosen word) you can either explain the error of their ways or use a moral compass to find another job (gosh I made that sound easy).
... and yes, with current annuity rates most of us will probably be working until we die.
2p
Stretch
Market regulation is a joke because all the politicians are in the pockets of the people who don’t want market regulation. “Think Tanks” and “Political Donors” should simply be illegal. You should not be able to buy political decisions and that (in my very humble opinion) is the root cause of the putrid behaviour of our stock markets.
Unfortunately, as a consumer your options are limited. You can buy from more ethical companies (if you can afford it), you can bank with the institutions that come within spitting distance of ethical behaviour; and you can invest (pensions et al) as ethically as you can (and define your own ethical priorities). But you can (in theory) choose who you work for - so if your employer‘s choices are corrupt (carefully chosen word) you can either explain the error of their ways or use a moral compass to find another job (gosh I made that sound easy).
... and yes, with current annuity rates most of us will probably be working until we die.
2p
Stretch