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by MomsAVoxell 250 days ago
The notion that the Nobel prize is of any moral value, whatsoever, is faulty.

The Nobel Foundation is an attempt to make amends for the harms done by its founders invention of explosive materials - which subsequently birthed the military-industrial complex.

Its use of its material wealth to invest in index funds derives a great deal of wealth from weapons manufacturers such as Lockheed Martin, Boeing, and Raytheon Technologies .. In that sense, it has only been since 2017 that it has exclusively attempted to avoid profiting from investments in the Wests' military-industrial complex. However, there is a growing voice of discontent which claims that the Foundations' policy change to "avoid investing in controversial weapons systems" is a PR move, and not a real force for change.

1 comments

Don't you think making amends is of value, and should be encouraged?
Awarding the "Peace Prize" to a US' President who went on to drop more bombs per minute on innocent human beings than his predecessor, is not making amends.

No, I do not think that the Nobel Foundation is making amends. I think it is functioning as a propaganda tool of the very military-industrial complex from which it derived its wealth.

Duplicity is not making amends.

OK. I was looking narrowly at "The Nobel Foundation is an attempt to make amends for the harms done by its founders invention of explosive materials", but that was not in fact the issue.
Any well-intended organisation can have its purpose subverted, easily enough.

All it takes is for its capital investments to be handled by a third party.