Today we examine Conscious Capitalism™ as an organization (the trademarked entity) and Conscious Capitalism the movement characterized by the investment concepts of Environmental, Social and Governance (ESG) and Socially Responsible Investing (SRI). This is the final building block as we continue on our collision course with Milton Friedman and the Chicago School of Economics. The promise of Conscious Capitalism as a concept, ESG and SRI is that capitalism on its own can and will voluntarily cure the societal ills it causes through the auspices of further deregulation and free markets. Spoiler: It’s a load of horseshit. Enjoy!
Resources
Economic Policy Institute- Wage Stagnation in Nine Charts: epi.org/publication/charting-wage-stagnation
Good Jobs First- Violation Tracker Parent Company Summary: violationtracker.goodjobsfirst.org/parent/dte-energy
Yahoo! Finance- Vanguard FTSE Social Index Fund Admiral: finance.yahoo.com/quote/VFTAX/holdings?p=VFTAX
Infoplease- The Toxic 100: Top Corporate Air Polluters: infoplease.com/math-science/earth-environment/the-toxic-100-top-corporate-air-polluters
Conscious Capitalism- Board of Directors: consciouscapitalism.org/boardofdirectors
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