Is there an index that ranks companies by their benefit to society? Something like amount of taxes paid, number of employees, benefits, environmental impact, etc?
Who would create the weights that balance this system?
Whoever managed the index, I imagine.
In today’s news, Microsoft outbid Amazon to maintain the index.
What index? The question was does it exist.
Every attempt to algorithmically boil down a complex economy into a single number does more harm than good. Figure out your own priorities and decide for yourself.
Do most people have the time to evaluate every company they choose to do business with? Is there something in the middle?
Amount of taxes paid is a benefit to society? Does that mean anyone who uses deductions is less valuable to society?
Any company? Maybe. It depends on what the company does. Either way, that was just an example of a metric off the top of my head to support the question, not a proposal for a solution.
Value delivered or increase of value per unit of labour is very murky to measure, but something to think about. In some sense Amazon improving efficiency of retail could be a good thing in general improving the purchasing power of average consunmer.
Good point
There's ESG. But that comes with its own challenges.