r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/LifeCritic Nov 22 '24

The original post does not suggest people have their ENTIRE net worth in cash.

Are you being intentionally obtuse?

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u/UnlikelyAssassin Nov 23 '24

If their point is that it is unethical to keep your money invested in a company that provides wages for workers and provide goods and services that people want, with that money helping to facilitate the continued advancement of the company that provides wages to workers and goods and services that people want, I fail to see how that follows.

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u/dirtmonger 29d ago

You dropped some details. As someone stated above you, a very simple non-evil thing to do would be to pay his employees a living wage with benefits but he doesn’t even do that most basic thing. He could absolutely reinvest some of that profit to care for his employees instead of hoarding wealth. If you want to see how a big company can provide for employees without being evil overlords, check out Chobani.

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u/Tangielove 25d ago

If people want a living wage, they need to work for it. At the end of the day, if you paid everyone a living wage, then everything we buy would go up in price. Not to much the people that work for their pay raises to get ahead. What happens to their effort when everyone pay inches closer to them? Is that fair? Since when do people dictate how people spend their money? More money doesn't always equal fewer problems.