…esting in companies that do less harm than those that pollute and exploit more indiscriminately. So here are some companies that have managed to hack and leverage the social good effect—but without doing anything so truly good as to change the underlying power structure between the wealthy and the poor. Best of all, it doesn’t require the investment class to question the integrity of the game they’ve been using to maintain their disproportionate share of the world’s wealth.
The real way to use capital for social good is not simply to further inflate the valuations of Fortune 500 companies, but to find individual enterprises whose actual activities benefit humanity. That’s harder to do because most of these companies are not on the stock exchange. They are the companies reclaiming water, empowering small farmers, trying to educate people, or promoting economic and social resilience. If Chopra, Huffington, and Goldman Sachs really want to change something, they should find ways to help the smallest investors capitalize the local bottom-up companies that stand a chance of distributing wealth to the many instead of keeping it monopolized by the few.