Abstract
This paper critically evaluates an attempt by the American sociologist Bruyn to develop a conceptual foundation for social investment policy and research. Major reservations expressed centre on the employment of a definition of social investment in terms congruent with the tenets of market ideology. Attention is also drawn to the naive apolitical stance adopted and a discerned tendency to resort to unjustified assertion in place of rigorous analysis. Aspects of the framework advanced are nevertheless considered to merit further attention by researchers, notably the emphasis on the local community as the ultimate focus for decision making and the need to investigate more fully pension fund investment strategy and information needs.
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