Are there ethical investments for communists because boy would i like to not work until i die but also boy i don’t want to be a smallholding landlord just to get a “pension”
sure, many companies offer stock to international investors and there are several funds focused on the chinese equity market. even blackrock has one. what they’ll be worth after xi presses the communism button is anyone’s guess, though.
Investing in China is unlikely to have a good return due to risk of expropriation, government funding of projects based on public welfare rather than profit, and so on. I feel doing this would be too likely to result in basically no return on investment. To put it another way, return on investment depends directly on exploitation. I’d say also that there are definitely levels of evil you can reach while investing, being a landlord is not the absolute worst among them, because it mostly hurts pigs of imperial core in a way that is mostly non-lethal, so it is better than military contractors or tech companies on BDS list, but this is also reflected in the lower return on investment. The more you learn about this stuff the more you realize how it really is all drowning in blood.
Actually, it gets worse:
Are there ethical investments for communists because boy would i like to not work until i die but also boy i don’t want to be a smallholding landlord just to get a “pension”
Can you invest in China? Like a total market index fund with Chinese characteristics?
sure, many companies offer stock to international investors and there are several funds focused on the chinese equity market. even blackrock has one. what they’ll be worth after xi presses the communism button is anyone’s guess, though.
Investing in China is unlikely to have a good return due to risk of expropriation, government funding of projects based on public welfare rather than profit, and so on. I feel doing this would be too likely to result in basically no return on investment. To put it another way, return on investment depends directly on exploitation. I’d say also that there are definitely levels of evil you can reach while investing, being a landlord is not the absolute worst among them, because it mostly hurts pigs of imperial core in a way that is mostly non-lethal, so it is better than military contractors or tech companies on BDS list, but this is also reflected in the lower return on investment. The more you learn about this stuff the more you realize how it really is all drowning in blood.
Ermmm yes, but your investments probably won’t be “safe” there.
Oh yeah?