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	<title>Betabeat &#187; New York Times Ethicist Address the Morality Getting Your Startup Funding From Wall Street</title>
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		<title>Betabeat &#187; New York Times Ethicist Address the Morality Getting Your Startup Funding From Wall Street</title>
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		<title>New York Times Ethicist Address the Morality Getting Your Startup Funding From Wall Street</title>

		<comments>http://betabeat.com/2011/10/new-york-times-ethicist-address-the-morality-getting-your-startup-funding-from-wall-street/#comments</comments>
		<pubDate>Fri, 28 Oct 2011 17:56:15 -0400</pubDate>
					<link>http://betabeat.com/2011/10/new-york-times-ethicist-address-the-morality-getting-your-startup-funding-from-wall-street/</link>
			<dc:creator>Nitasha Tiku</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=20489</guid>
		<description><![CDATA[<p><div id="attachment_20495" class="wp-caption alignleft" style="width: 310px"><img class="size-full wp-image-20495 " title="chargingbull" src="http://nyobetabeat.files.wordpress.com/2011/10/chargingbull.jpg" alt="" width="300" height="264" /><p class="wp-caption-text">TAKE MAI $$$$</p></div></p>
<p>As Betabeat has been pointing out, Occupy Wall Street presents sort of a gray area for Startupland. Sure, both parties waive their anti-corporate banner proudly and the rhetoric of disruption can be used interchangeably. But bootstrapped, self-interested Ayn Rand-o-philes and Zuccotti Park's concern with economic inequality don't necessarily see eye-to-eye.</p>
<p>Thankfully higher authorities have decided to weigh in on one problematic area. In fact, <a href="http://www.nytimes.com/2011/10/30/magazine/the-ethicist-occupational-hazard.html?_r=1">the entire <em>Ethicist</em> column</a> in this weekend's <em>New York Times</em> magazine is devoted to it.</p>
<blockquote><p><!--more--></p></blockquote>
<p>An anonymous inquirer from New York City writes:</p>
<blockquote><p><em>I support <a title="More articles about Occupy Wall Street." href="http://topics.nytimes.com/top/reference/timestopics/organizations/o/occupy_wall_street/index.html?inline=nyt-org">Occupy Wall Street</a> and am appalled by the behavior of the corporations they’re rallying  against. While I do not work on Wall Street, my small start-up is  financed primarily by one of the biggest Wall Street companies. Am I a  hypocrite who should resign immediately? </em></p></blockquote>
<p>Ariel Kaminer's answer? In short: eh, life's a compromise. And this is one of them. Also: good luck extricating yourself from the big finance:</p>
<blockquote><p>"If you decide that your current situation is morally untenable, then  yes, you should quit. But be forewarned: even such a bold action will  not prevent Wall Street from enriching itself off you. The financial  industry is so vast, and so inextricably entwined in every aspect of our  lives, that to stand apart from it you pretty much have to go off the  grid — no possessions, no transactions, no nothing."</p></blockquote>
<p>Why do we get the feeling Ms. Kaminer might have read an issue or two of <em>Occupy Wall Street Journal</em>?</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_20495" class="wp-caption alignleft" style="width: 310px"><img class="size-full wp-image-20495 " title="chargingbull" src="http://nyobetabeat.files.wordpress.com/2011/10/chargingbull.jpg" alt="" width="300" height="264" /><p class="wp-caption-text">TAKE MAI $$$$</p></div></p>
<p>As Betabeat has been pointing out, Occupy Wall Street presents sort of a gray area for Startupland. Sure, both parties waive their anti-corporate banner proudly and the rhetoric of disruption can be used interchangeably. But bootstrapped, self-interested Ayn Rand-o-philes and Zuccotti Park's concern with economic inequality don't necessarily see eye-to-eye.</p>
<p>Thankfully higher authorities have decided to weigh in on one problematic area. In fact, <a href="http://www.nytimes.com/2011/10/30/magazine/the-ethicist-occupational-hazard.html?_r=1">the entire <em>Ethicist</em> column</a> in this weekend's <em>New York Times</em> magazine is devoted to it.</p>
<blockquote><p><!--more--></p></blockquote>
<p>An anonymous inquirer from New York City writes:</p>
<blockquote><p><em>I support <a title="More articles about Occupy Wall Street." href="http://topics.nytimes.com/top/reference/timestopics/organizations/o/occupy_wall_street/index.html?inline=nyt-org">Occupy Wall Street</a> and am appalled by the behavior of the corporations they’re rallying  against. While I do not work on Wall Street, my small start-up is  financed primarily by one of the biggest Wall Street companies. Am I a  hypocrite who should resign immediately? </em></p></blockquote>
<p>Ariel Kaminer's answer? In short: eh, life's a compromise. And this is one of them. Also: good luck extricating yourself from the big finance:</p>
<blockquote><p>"If you decide that your current situation is morally untenable, then  yes, you should quit. But be forewarned: even such a bold action will  not prevent Wall Street from enriching itself off you. The financial  industry is so vast, and so inextricably entwined in every aspect of our  lives, that to stand apart from it you pretty much have to go off the  grid — no possessions, no transactions, no nothing."</p></blockquote>
<p>Why do we get the feeling Ms. Kaminer might have read an issue or two of <em>Occupy Wall Street Journal</em>?</p>
]]></content:encoded>
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