If one doesn't agree with the line of business, should one invest in it? There can be many arguments for and against ethical investing.
For example, I don't agree with treating schools and hospitals as "business". In my opinion, these are fundamental rights of a citizen. So, no investing in ,say, apollo hospitals.
However, I don't mind investing in cigarette or alcohol. I don't want anyone to smoke cigarette or drink alcohol but betting that the business would do better is a different thing. Consider the medical profession. Obviously, doctors want to treat people which is good. Have they ever considered the profession risky? No because they are pretty confident that there won't be dearth of sick people. I find doctor's position similar to mine. Doctors don't wish anyone to be sick but would definitely hope they are enough sick people to pay their monthly bills.
In conclusion, it is not as black and white as one might imagine. What is ethically acceptable will vary from person to person and from case to case.
For example, I don't agree with treating schools and hospitals as "business". In my opinion, these are fundamental rights of a citizen. So, no investing in ,say, apollo hospitals.
However, I don't mind investing in cigarette or alcohol. I don't want anyone to smoke cigarette or drink alcohol but betting that the business would do better is a different thing. Consider the medical profession. Obviously, doctors want to treat people which is good. Have they ever considered the profession risky? No because they are pretty confident that there won't be dearth of sick people. I find doctor's position similar to mine. Doctors don't wish anyone to be sick but would definitely hope they are enough sick people to pay their monthly bills.
In conclusion, it is not as black and white as one might imagine. What is ethically acceptable will vary from person to person and from case to case.
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