• ag_roberston_author@beehaw.org
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        1 year ago

        That’s just more similar to a majority privately owned company though, as the Saudi government is just the royal family. That doesn’t mean its not a company.

        • senoro@lemmy.ml
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          1 year ago

          True, but the saudi government can and do change the laws to allow the company to make more money. It’s more akin to buying shares in Saudi Arabia than it is to buying shares in a company.

          • ag_roberston_author@beehaw.org
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            1 year ago

            As opposed to how the US government can and does change the laws to allow the company to make more money?

            Yeah, obviously it sucks to support the Saudi royal family, but honestly, it’s not any worse than buying shares in Raytheon, Northrup Grumman, Shell or BP. All of them are terrible companies doing terrible things to our world.

            • senoro@lemmy.ml
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              1 year ago

              But the US government doesn’t do they. Not really. It’s highly illegal to do it for any reason that could be seen to be personal gain. You can’t count on any other country and company to bend the rules so that the company you invest in can benefit. Every other company on this list has to follow the law or face the consequences (those consequences may not be enough but that’s a different problem).