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Socially Responsible Investing As Alex Jones Is Banned

Date: Tuesday, August 7, 2018 6:39 PM EDT

The Socially Responsible Investing (SRI) community should consider a few things in the light of the ban of Alex Jones from social media. 

Socially responsible investing is the attempt to align investment with moral values of the investor. It has been a concept that has been around a long time. Some of this investment is related to green issues. Some of this investment avoids unsavory categories. As Wikipedia says:

 

In general, socially responsible investors encourage corporate practices that promote environmental stewardshipconsumer protectionhuman rights, and diversity. Some avoid businesses involved in alcoholtobaccofast foodgamblingpornographyweaponscontraception/abortifacients/abortionfossil fuel production or the military.[1] The areas of concern recognized by the SRI practitioners are sometimes summarized under the heading of ESG issues: environment, social justice, and corporate governance.

Certainly, the social investing practitioners would generally be in favor of banning someone who exhibits racial or ethnic hatred against whole groups of people. It is good to look at Facebook and at Google and compare the two with regard to social concerns. 

Facebook

Facebook says clearly that the ban did not have anything to do with conspiracy theories. And this is encouraging. After all, some conspiracies are proven to be true. For example, Zero Hedge ran a piece showing that the conspiracy surrounding American funding of ISIS turned out to be true. The entire nation should be outraged but somehow it isn't. Still, the point is, conspiracies can be proven true eventually. Most are not but some are. Those folks who say it is a mental sickness to believe any conspiracy crawl into the woodwork when some are proven to be true. 

Facebook was right in shutting down some of Jones' pages for:

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