Short selling is perfectly legal. Naked short selling is not.
Why do you believe a short position is immoral?
Not debating on whether the market is rigged or not. If you can bet on a stock increasing in value, what is immoral about betting it goes the other way? I'm not defending wall street in this case…fuck all of them. I just don't understand why you think shorting a stock is immoral.
I agree with your statement. I don't believe shorting in and of itself is immoral.
You are leaving out that short position holders pay interest on the shares they borrow to the holder of the long position and that the holder of the long position agrees to make their shares lendable. Both sides agree to the contract. Not immoral. Naked short selling, is completely different.