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In search of a new form of capitalism

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10/1/2017

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    Should we judge the success of investment not just in financial terms, but also for the social and environmental impact it creates?
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1 Comment
Anonymous
19/2/2017 12:43:08 pm

triple bottom accounting rules should be pricing negative externalities. Rewarding positive externalities, even valuing them is so much harder. Until there is an evidence tested way to measure these impacts, what are we really talking about? Yes, there are some investments that clearly bring about intangible value, for instance, an investment into trees that does not erode water stock and creates o2, yet what about an investment that leads to a decrease in inequality on a society indirectly and in less obvious ways? High levels of inequality are a leading indicator of poor health in a society - which indeed has its own balance sheet that can be quantified in $$ terms.

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