Terra Cycle and their current stock offering
I've somehow been receiving emails from Terra Cycle since 2012, and their CEO, Tom Szaky, is trying to run a profitable recycling company. Since the chips are stacked against plastics recycling being profitable, I don't doubt but that this company has accepted all manner of terrible choices in order to work and grow in this environment.
Today, as they send me emails inviting me to invest in their continued growth (and "get dividends"), I'm not sure whether to support them or not, either ideologically or fiscally. What would be the moral basis be for investing in a recycling company that can only be profitable due to volunteers collecting and sending in waste that we don't force big business to own from a "cradle to grave" standpoint.
At some point we need to acknowledge that it can't just be volunteers and voluntary goodness pushing in the opposite direction against a system that makes it cheaper to make new plastic than to recycle existing materials.
How else does TerraCycle stay in business?