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Is it generally immoral to invest in 401k's for retirement? w/ Jacob Imam Vs Trent Horn

Pints With Aquinas

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The Main Way a Four One K Makes Money

The main way a four one k makes money is by buying stocks an selling them for a higher price at a later date. Speculators are not interested in using the product or making something with it, rather they make a profit from price changes. This is what saint thomas aquinas calls cheating: to buy what is cheap and sell what is dear is truly a vice. The tradition has condemned speculation because it seeks a profit without corresponding work done for society. People ought to receive compensation for their work precisely because they have cultivated the good through their work.

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