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376

“Environmental, Social, and Governance,”

Much like China’s social credit system which the Communist government wields to reward citizens for approved behaviors and penalize them for non-compliance, the ESG investment scheme similarly seeks to transform American society by assigning companies a score to compel their adherence to a set of subjective goals.

Larry Fink, chairman and CEO of BlackRock Investment Management Company, has been referred to as the “architect of woke capitalism.”

“Environmental, Social, and Governance,” Much like China’s social credit system which the Communist government wields to reward citizens for approved behaviors and penalize them for non-compliance, the ESG investment scheme similarly seeks to transform American society by assigning companies a score to compel their adherence to a set of subjective goals. Larry Fink, chairman and CEO of BlackRock Investment Management Company, has been referred to as the “architect of woke capitalism.”

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And how many small/local companies have thew ability to implement the factors that comprise a high ESG score? Few to none.

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Exactly Patriot, excellent point. Thank you.