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Is there an index that ranks companies by their benefit to society? Something like amount of taxes paid, number of employees, benefits, environmental impact, et
by batch12 2y ago
Is there an index that ranks companies by their benefit to society? Something like amount of taxes paid, number of employees, benefits, environmental impact, etc?
- starbugs 2y agoThere's ESG. But that comes with its own challenges.
- rcstank 2y agoWho would create the weights that balance this system?
- batch12 2y agoWhoever managed the index, I imagine.
- lotsoweiners 2y agoIn today’s news, Microsoft outbid Amazon to maintain the index.
- batch12 2y agoWhat index? The question was does it exist.
- Ekaros 2y agoValue delivered or increase of value per unit of labour is very murky to measure, but something to think about. In some sense Amazon improving efficiency of retail could be a good thing in general improving the purchasing power of average consunmer.
- batch12 2y agoGood point
- notyourwork 2y agoAmount of taxes paid is a benefit to society? Does that mean anyone who uses deductions is less valuable to society?
- batch12 2y agoAny company? Maybe. It depends on what the company does. Either way, that was just an example of a metric off the top of my head to support the question, not a proposal for a solution.
- paxys 2y agoEvery attempt to algorithmically boil down a complex economy into a single number does more harm than good. Figure out your own priorities and decide for yourself.
- batch12 2y agoDo most people have the time to evaluate every company they choose to do business with? Is there something in the middle?