Posted by maltalex 19 hours ago
if I get it this is an index to invest in common in distributed wallets chosen and managed by an organization named S&P?
I'ld be interested in something similar, but aiming at growing cooperatives, non profits, externally checked for alignment organisations striving to benefit humanity as a whole. It doesn't have to be something that have strong garanties of direct personal financial profits, just no way it makes me in personal bankrupts, zero personal gain would be ok, staying ahead of inflation nice to have, and having some profits back would be acceptable.
Please be kind or hold from losing time and energy for everybody with aggressive answers.
I'm just considering ways to make sure as few as possible resources end up in the control of techno fascists.
There are a lot of investment funds like this, usually called something like "ESG" (environmental, social, and governance) funds.
The whole “VC in non-profit” thing was a trend from 2012 to 2017 or so and it did not work out for this reason.
There is a radical version of capitalism where you would say only things that make money (what people pay for) are providing social value, but I don’t think that’s what you’re getting at.