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Remembering when I was a Socialist

I am reminded of my first publication, a compilation of research on the subject of Socially Responsible Investment - on the heels of an administration occupying expansion of my alma mater's pioneering South African divestment.

The Hampshire College Report on Socially Responsible Investment

Ed. by Doug Tooley,

April 1983.

In 1976, Hampshire College bacame the first school in the country to divest from companies in South Africa. This opened the door for us to a much larger idea, that of using investments to reflect our ethics instead of those of the capitalistic ideology.

In the seven years since then, we have been exploring the potential of Socially Responsible Investment (SRI). In October of 1982, we became the first school to pass a comprehensive SRI policy and in March of 1983, we included a clause barring future investments in companies manufacturing nuclear warheads.

Although we have led the way, it has not been easy. Our Board of Trustees and President have challenged us again and again to show the feasibility and the appropriateness of SRI. Instead of becoming angry, we responded to these challenges in a responsible and intelligent manner. What lies in your hands is the result of this.

Some twenty people have contributed toward this publication directly. But in front of us lies the real challenge--can we make it work?


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Comments (1)

Good to see your interest, born many years ago, in socially responsible investing (SRI).

I first got interested in SRI in the late 1960s, when I was an investment analyst.

For anyone interested in socially responsible investing, I now have one of the most popular global sites on the web on the subject. It also covers the latest related news and research too. It's at http://investingforthesoul.com/

Best wishes, Ron Robins

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