Also this story of a Chinese Stanford professor/investor’s “suicide” last year is quite the story. There’s a potential safety issue here too. https://www.forbes.com/sites/arthurherman/2018/12/13/a-death...
Also this story of a Chinese Stanford professor/investor’s “suicide” last year is quite the story. There’s a potential safety issue here too. https://www.forbes.com/sites/arthurherman/2018/12/13/a-death...
Because that's pushing the line further and further of what the CCP can make people accept.
> Most companies are morally agnostic
What do you think makes companies do what they do? Companies consist of people. There are still people making these decisions. Many companies have taken ethical stances wrt China. Many more have not. Companies don't just get let of the hook because they're companies.
Of course, there's a question of causality. Are businesses "morally agnostic" because they choose to be, or because the ones that aren't don't survive? Companies that say "we don't do business with places that harvest organs from prisoners" will struggle against ones that say "we were able to cut the price of our phone 50% by doing business with (said regime)"
This would actually be a good reason to impose import duties on those places - to make goods from ethical regimes more competitive.
I know right? I mean, it's not my liver that's being harvested...
https://www.nbcnews.com/news/world/china-forcefully-harvests...
Coming from Poland some of the the post-war socialism Whataboutism is a meme here (check the polish variant https://en.wikipedia.org/wiki/And_you_are_lynching_Negroes#V... )
In a world where so many companies' valuation is tied to the number of users willing to give you their personal data, reputation is a precious thing.
The people of Hong Kong, and their right to live with self-determination, matter.
Same sentiment for Saudi investors? Same for Israeli?
People have different lines and I'm sure soon founders will be doing a great more DD in this new age of outwardly conscious capitalism.
I'm patiently waiting for the tweet thread/medium article of a successful founder pointing out all the dirty cash they didn't take. Unfortunately, as of yet it is still a great deal of money that builds companies. Not unwaivering morals... One day.
"Yes" & "Possibly, but being open to investor' individual behaviour to supersede their country's"
See: it's not that difficult. One man's slippery slope is another's perfect hill for early morning skiing.