Generally, alternative investments use their resources in low interest, long-term loans for development projects, leading to self-reliance, social justice and people’s participation in their own economic growth. Capital is thus used in response to poverty and under-development. Furthermore, it would challenge us to examine our unquestioning investment in the multi-national corporations and commercial banks, which can be exploitive in their pursuit of profit. Alternative investments would be “good news for the poor” and a sign of the times in accord with the challenge Pope John Paul II addressed to American Catholics on the use of our (financial) resources: “Nowhere does Christ condemn the mere possession of earthly goods as such. Instead, he pronounces very harsh words against those who use their possessions in a selfish way, without paying attention to the needs of others. Christ demands openness from the rich, the affluent, the economically advanced; openness to the poor, the underdeveloped and the disadvantaged. Christ demands an openness that is more than benign attention, more than token action or half-hearted efforts that leave the poor as destitute as before or even more so (Pope John Paul II, October 2, 1979, New York, NY).”_________*_________
As investors, we all have to be cognizant of our important role in business and the good our investment dollars are doing.