1. World problems
  2. Unethical investment

Unethical investment

Incidence

Through the 1970s and the 1980s, any form of investment in South Africa was considered unethical. This ban became questionable in 1993. Attention has shifted to China, because of its poor human rights record. China and many emerging markets fall far short of such ethical ideals as equal employment opportunities, the right to organize trade unions, domestic laws on minimum wage and maximum hours of work, anti-pollution controls, and the like, especially with the use of prisoners to benefit economic production. Concerns have also been expressed with regard to logging companies operating in Indonesia and Malaysia. In the case of Chile there is concern about the fact that 10% of copper sales go directly to the military which continued in 1993 to have an inordinate influence over the government and human rights issues.

Claim

Just about every corporation deals with another (often a bank) that makes money from some undesirable activity.

Counter-claim

Whether an investment is judged ethical or not usually depends on the investor's liberal prejudices. Such distinctions are often simply a matter of conscience salving.

Broader

Narrower

Aggravated by

Strategy

Value

Unethical
Yet to rate

Reference

Metadata

Database
World problems
Type
(D) Detailed problems
Biological classification
N/A
Subject
  • Commerce » Investment
  • Innovative change » Change
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    J5010
    DOCID
    12050100
    D7NID
    136268
    Last update
    Oct 4, 2020