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by armitron 2121 days ago
You're presenting this as if investors have no choice in the matter. As far as I know, there is 401k transparency meaning that investors know what their money is invested in.

On top of that, all companies I've worked for in the USA allowed me to choose exactly how and where my money will be invested.

Nothing described by the article you posted lets me think that this will be no longer the case.

1 comments

You’re assuming your behavior is the norm.

You are aware that’s possible. Not everyone is. Employers at a lot of companies just pick a default and employees forget about it.

It’s not reasonable to expect the masses to babysit ephemeral inventions that they aren’t ever aware of.

Ok, man. Yep we should all just stick in our heads this is of course proper application of agency defined “for us”. Paulo Freire is rolling over in his grave.

This culture is falling apart because it’s looking for financial efficiency above all else, not emotional resiliency. Just gonna ignore whatever immutable aspects of reality get in the way of that.