| my thoughts on externalization;
(what do you mean 'take into account'?)
that's exactly what's happening with externalization.
someones taking something into their account.
where did it come from you may ask.
oh, i sold something, he may say.
I believe some companies take it into account by giving a hoot about the world and being a good little human, and then looking at their business decisions constatly with their own personal morals motivating their every action. It isn't hard to understand where your companies externalizations/exploits may be too destructive for the planet or local/global community to handle. Once I heard tell of a man who, for his living mind you, travels to 'manufacturing facilies' in other countries where governmental regulations are lax, and he checks on the observeable moral goodness of the operation. True, not all can be seen in this way, for on a documentary I learned that often when there are inspectors of whatever type coming by, they have been known to call ahead. weeks ahead.
My wish is for individual investors to recognise that they hold responsibility for the actions of the company, and thus be concious of the externalizations which their portfolio supports. |