Re: Canadian Labour Sponsored Investment Funds

[IPGmail@aol.com]

Apologies to Shann for sending this twice; my "reply-to" function sent it to 
him instead of the whole list as intended.  --AZ

I perceive a difference in priorities in assessments of various policy 
devices for spreading ownership.  Some have changing the character of 
corporate decisions as of first importance, others are more interested in 
improving the financial status of citizens in economic distress.  Of course 
both are worthwhile, but which comes first will affect your judgment of 
whether a particular policy is getting us "there" or not.

I confess my first priority is improving people's financial status.  I am a 
little skeptical that democratizing ownership and making corporate governance 
accountable to more ordinary citizens will really change their decisions all 
that much.  A little skeptical, but open to persuasion.  Once people are more 
economically secure they may be more educable about corporate social 
responsibility, but until then I would expect they would simply want more 
income.

Alan Zundel
Institute for the Public Good
http://www.publicgood.org