Aqua@lemmy.vg to Data is Beautiful@mander.xyzEnglish · 6 months agoEthical Score by Phone Manufacturerlemmy.vgimagemessage-square7linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1imageEthical Score by Phone Manufacturerlemmy.vgAqua@lemmy.vg to Data is Beautiful@mander.xyzEnglish · 6 months agomessage-square7linkfedilinkfile-text
minus-squareFundMECFS@slrpnk.netlinkfedilinkEnglisharrow-up0·6 months agoCan some investor pour 100 million or something into fairphone so the phones actually become good?
minus-squareJohnDClay@sh.itjust.workslinkfedilinkEnglisharrow-up1·edit-26 months agoIf it’s your average investor, they’ll want a return, which will make fair phone stop being ethical.
minus-squareFundMECFS@slrpnk.netlinkfedilinkEnglisharrow-up0·6 months agoIsn’t fair phone a for profit company? If it is, doesn’t change much. If it is a non-profit, then that’s even better, lets get some philanthropist on it.
minus-squaretheonlytruescotsman@sh.itjust.workslinkfedilinkEnglisharrow-up1·6 months agoFor profit and for infinitely exponentially increasing profit are two different business types.
minus-squarecybersin@lemm.eelinkfedilinkEnglisharrow-up0·6 months agoThere are always exceptions to the rule, but the former usually turns into the latter given enough time.
minus-squaretheonlytruescotsman@sh.itjust.workslinkfedilinkEnglisharrow-up0·6 months agoOnly if outside investment is involved. You can survive as a business by just doing good business for quite a while.
Can some investor pour 100 million or something into fairphone so the phones actually become good?
If it’s your average investor, they’ll want a return, which will make fair phone stop being ethical.
Isn’t fair phone a for profit company? If it is, doesn’t change much.
If it is a non-profit, then that’s even better, lets get some philanthropist on it.
For profit and for infinitely exponentially increasing profit are two different business types.
There are always exceptions to the rule, but the former usually turns into the latter given enough time.
Only if outside investment is involved. You can survive as a business by just doing good business for quite a while.
See: Valve