Is social investment guilt-driven?
/I recently came across an article by Thomas Kostigen on MarketWatch, called "Investment driven by guilt, and that’s good". He suggests that the impressive growth of socially responsible investing is being driven by guilty investor consciences.
Kostigen makes generic statements about investor motivations and the growth of "social investing" that only confuses the argument and encourages readers to blast him from every angle. Aside: you've got to wonder if the Dow Jones-published MarketWatch (ahem, NewsCorp owned) just runs this blog to entice its readers with fresh liberal meat - most of the comments are scathing.
