Blood apples
Apple issues a dividend for the first time in many years, making it even more attractive to investors of all types, but especially "Socially Responsible Investors."
Thinking logically for a moment:
Apple specializes in Chinese sweatshop labor, which permanently disables and kills many of its workers. It removed all production from America and transferred it to the deadly
Foxconn. It removed most of its vast loot from America and placed it in offshore tax-shelters, thus shirking the Social Responsibility of the rich to support the poor in their own country.
Logically, Apple should be placed in the same class as those diamond and copper companies that foment wars in Congo. Blood money.
Nevertheless, the Socially Responsible Murderers
adore Apple.
From
Motley Fool:The following are 5 very well known companies that have been recognized as socially responsible and have a CAPS rating of "appealing" or higher:
Apple (NASDAQ: AAPL)
CAPS Rating: 3 Stars
Social Responsibility: According to the latest Apple Supplier Responsibility progress report, Apple requires that their suppliers "provide safe working conditions, treat workers with dignity and respect, and use environmentally responsible manufacturing processes wherever Apple products are made."
Okay. Well then, maybe slavery isn't one of the important factors in Socially Responsible Genocide. Let's see what
Wiki has to say on the main topic:
The origins of socially responsible investing may date back to the Religious Society of Friends (Quakers). In 1758, the Quaker Philadelphia Yearly Meeting prohibited members from participating in the slave trade–buying or selling humans.
One of the most articulate early adopters of SRI was John Wesley (1703–1791), one of the founders of Methodism. Wesley's sermon "The Use of Money" outlined his basic tenets of social investing – i.e. not to harm your neighbor through your business practices and to avoid industries like tanning and chemical production, which can harm the health of workers.
Hmm. Hmm. Hmm. Quakers. Slavery. Seems like I was just
thinking about Quakers last night. I don't quite remember the context, though.
And Wesley talked about "not harming your neighbor" and "industries ... which harm the health of workers."
iBlood iMoney. iPure and iSimple.
Apple is exempt from all rules and morals, of course, because Steve China-Jobs was
cool and hip. Hipness overcomes all sins. Aristocrats are sinless by definition.