07 November 2005

Karmabanque

I listened Yeast Radio from 31st Oct today, a very interesting show about Karmabanque.
The concept is to use the financial markets as a means of protesting against companies. We may want companies to act like good citizens, but there only purpose is to make money, it's not really their fault. Standing outside of an oil company with placards is all well and good, but it's not going to alter behaviour. Financial activism is the only form of protesting that will truly reach the board meeting.