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In reply to the discussion: Obama Goes to Bat for Big Tobacco in TPP [View all]raouldukelives
(5,178 posts)They spend investors money. But you know all this. That is what keeps the game afloat. That is what keeps action from occurring against climate change and attacks the efforts of those trying to sustain a habitable environment for the planets wildlife.
I think that issues transcends the needs of people who collaborate with corporations.
The corporations are extended the benefit of fiduciary responsibility by the shareholders themselves.
I am in no way trying to shift the blame for corporate wrongdoing onto the shareholders, just that they are complicit in the actions of the corporations they support with their own money. It is a free choice for them. Nobody is demanding they support Goldman or Lockheed.
Would someone who invested in slavery be as guilty as the slave owner? No. Would they be considered a prudent investor? Only by some.
I am sorry to hear your sons actions failed but commend him for taking a stand.
When Yale does not divest, one must divest from Yale.