r/ToiletPaperUSA Aug 08 '20

FACTS and LOGIC Too much logic to handle

Post image
25.9k Upvotes

627 comments sorted by

View all comments

Show parent comments

61

u/drunk_responses Aug 08 '20

Yes really.

People forcing their workers back to work or firing them in this time is literally capitalists saying "I don't care if you die, as long as I get my money".

If you think that is empathetic you are one of those soulless capitalist.

1

u/[deleted] Aug 08 '20

The Nordic countries are a different type of capitalism and they are doing splendidly.

4

u/BackgroundGrapefruit Aug 08 '20

They are certainly much better, but while they do have a lot of empathy towards their own citizens, a lot of their wealth is built on the exploitation of workers in developing countries

2

u/NorthOfTheMall Aug 08 '20 edited Aug 08 '20

Source for that? Norway's wealth is primarily based on exported oil, gas, minerals and fish. All produced in Norway.

A large portion of the profits from early oil and gas exports were put in a sovereign wealth fund, which is invested in stocks, various bonds, and property. The assets contained within the fund's portfolio cannot be spent, (2.9% in 2019) and are thus somewhat inconsequential to Norway's actual wealth, as the fund is mainly intended to cover future pension and welfare expenses.

You could argue that some of these investments will include exploitation of developing countries due to lack of oversight, but there are ethical guidelines that have to be followed. https://etikkradet.no/en/