Suffice to say, it has not been a banner year for BlackRock CEO Larry Fink, who runs the world’s largest money management firm with more than $8 trillion in total assets. First, there is the bad economic news: BlackRock’s stock price has declined by more than 20 percent, which means […]
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President Joe Biden’s going after 401(k) retirement accounts, risking millions of workers’ comfortable retirements. If you put money into a 401(k), beware. Until now, the law always required fund managers entrusted with your savings to invest the money where it’s expected to get the top return for you. Period. But […]
“Milton Friedman’s shareholder doctrine is dead.” Such was the headline of a 2020 Fortune magazine article critiquing Friedman’s famous New York Times opinion piece which, fifty years earlier, had argued that the social responsibility of business is to increase its profits. The Fortune article was just one of many op-eds, academic papers, and books penned over the past […]
First published at Iaindavis.com. We are being rapidly transitioned into a new system of centralised, authoritarian global governance. This system is designed to be a technocracy and it is truly totalitarian. Totalitarianism is a form of government that attempts to assert total control over the lives of its citizens. It is […]
Environmental, social, and governance (ESG) scores are an insidious mechanism by which a cabal of ideologically aligned influential interests working through unelected supranational organizations are attempting to “reset” the global financial system to their advantage. At its core, this emerging design circumvents national sovereignty, free markets, and individual rights by […]
Environmental, social, and governance (ESG) scores are an insidious mechanism by which a cabal of ideologically aligned influential interests working through unelected supranational organizations are attempting to “reset” the global financial system to their advantage. At its core, this emerging design circumvents national sovereignty, free markets, and individual rights by […]
ESG: Key Terms and Issues “The world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be […]
American Institute of Economic Research distinguished fellow Samuel Gregg recently penned an excellent article on the dangers of woke capitalism, the transition from shareholder capitalism to stakeholder capitalism, and fascistic corporatism. Though many consider environmental, social, and governance (ESG) systems to be emblematic of a wide-scale effort to socialize the […]
Environmental, social, and governance (ESG) scores are an insidious mechanism by which a cabal of ideologically aligned influential interests working through unelected supranational organizations are attempting to “reset” the global financial system to their advantage. At its core, this emerging design circumvents national sovereignty, free markets, and individual rights by […]
President Biden’s reckless, unfounded, and hypocritical declaration that the majority of the Republican Party are “semi-fascists” leaves me wondering whether he understands what fascism entails. It would behoove Biden to cease making these assertions, considering his regime embodies fascism to a greater extent than any administration in living memory; he certainly looked the […]
Fresh off an embarrassing gaffe in South Korea, in which Vice President Kamala Harris praised the United States’ strong alliance with North Korea, she is at it again — albeit without gaffes but with a striking comment emblematic of our country’s divide over racial issues. At a Sept. 30 event […]
Environmental, social, and governance (ESG) scores are an insidious mechanism by which ideologically aligned influential interests represented by unelected supranational organizations are attempting to “reset” the global financial system to their advantage. This emerging design would circumvent national and individual sovereignty by altering traditional financial methods of assessing risk and […]
While speaking at the International Energy Agency’s Global Clean Energy Action Forum, U.S. Special Presidential Climate Envoy John Kerry told the world the truth about the Inflation Reduction Act (IRA). According to Kerry, ” I’m not sure how much it has to do with inflation, but that’s okay.” Actually, no, […]
Sustainable investing has become one of the hottest new trends in the financial industry, corresponding to the increasing clamor for corporations and businesses to espouse more socially responsible principles. Environmental, social, and governance (ESG) scores are the primary mechanism by which these sustainability objectives have been institutionalized within our global […]
Environmental, social, and governance (ESG) scores are an insidiously envisioned mechanism by which ideologically aligned influential interests represented by unelected supranational organizations are attempting to “reset” the global financial system to their advantage. This emerging design would circumvent national and individual sovereignty by altering traditional financial methods of assessing risk […]
Over the past few months, more than a dozen attorneys general from throughout the nation have raised legitimate concerns about BlackRock’s crony capitalist investment scheme known as environmental, social, and governance (ESG) metrics. In fact, on August 4, 19 attorneys general signed a coalition letter stating, “BlackRock appears to use […]
Wall Street is known for characters like the real Jordan Belmont and fictional Gordon Gekko personifying greed. Yet today’s great Wall Street controversy involves putting societal values above profit. Environmental, Social and Governance investing, or ESG, raises significant issues regarding misuse of investors’ money. Some have long invested “responsibly.” A […]
Corporate Social Responsibility (CSR), Environmental, Social, and Governance (ESG) scores, and China’s latest totalitarian instrument, the Social Credit System (SCS), share significant commonality. Each system engenders the same erosion of individual liberty via the propagation of a singular “morality” unilaterally determined by an authoritarian overseer. That the governance structures surrounding […]
Sustainable investing has become the hottest trend in the global financial community, corresponding to the chorus of calls for businesses to be more “socially responsible.” Environmental, social, and governance (ESG) scores are the primary method by which a variety of actors—including international organizations, global political and economic elites, and Wall […]
Environmental, social, and governance (ESG) scores are the latest instrument by which a diverse group of influential global elites and international organizations are attempting to fundamentally restructure the global financial system and alter traditional methods of assessing financial risk. This attempted shift from “shareholder capitalism” to “stakeholder capitalism” hinges upon […]
The all-knowing elites in Australia have determined that their country is lagging behind other developed countries when it comes to transitioning from internal combustion vehicles to electric vehicles (EV). So, they did what central planners love to do: They announced a “National Strategy for Electric Vehicles.” Per the document, “A […]
Environmental, social, and governance (ESG) scores are the latest instrument by which a diverse group of influential global elites and international organizations are attempting to fundamentally restructure the global financial system and alter traditional financial methods of assessing risk. This attempted shift from “shareholder capitalism” to “stakeholder capitalism” hinges upon […]
For close to a century, Consumers’ Research (CR) has been looking out for the well-being of consumers. For much of its history, CR tested, rated, and reviewed a wide variety of consumer products, ensuring the products were safe and effective. However, in recent years, CR has pivoted to “examining the […]
As socialist policies, leaders, and ideas continue to proliferate exponentially in the United States, including an increasingly concerning espousal of socialist objectives by corporate America, it is important to understand socialism’s relationship to fascism. Despite constant assertions coming from the progressive left that fascism is equivalent to conservatism, it is […]
Environmental, social, and governance (ESG) scores are the latest instrument by which a diverse group of influential global elites and international organizations are attempting to fundamentally restructure the global financial system and alter traditional financial methods of assessing risk. This attempted shift from “shareholder capitalism” to “stakeholder capitalism” hinges upon […]
Efforts to impose environmental, social and governance scores upon all sectors of the U.S. financial system, dismantling our free market economy in favor of “stakeholder capitalism,” continue to escalate. Fortunately, substantial efforts to combat the rise of global fascism — which is what would ultimately result from ESG’s all-encompassing societal […]
On August 4, Texas Attorney General Ken Paxton and 18 other attorneys general issued a scathing letter to BlackRock CEO Larry Fink, warning that they “will not idly stand for our pensioners’ retirements to be sacrificed for BlackRock’s climate agenda.” According to the letter, “Based on the facts currently available to […]
Florida Gov. Ron DeSantis and Republican state lawmakers recently took a major step toward fighting back against woke corporations parroting Biden’s leftist agenda. According to a press release by DeSantis’ office, his proposed legislation, will target environmental, social, and governance (ESG) standards. It’s a move that will, if successful, go […]
BlackRock is the wealthiest and most influential investment management firm on Wall Street, with more than $10 trillion in assets under its stewardship. Its influence, however, does not end in the corporate and financial realms. In fact, for years, the Larry Fink-led behemoth has cultivated political alliances and hired individuals […]
Every once in a while, even socialists stumble upon the truth. Such was the case when Sen. Bernie Sanders (I-VT), a self-avowed socialist who actually honeymooned in the Soviet Union, called out the World Economic Forum’s latest global summit in swanky Davos, Switzerland. As Sanders recently tweeted: “The oligarchs in […]
Environmental, social, and governance (ESG) metrics are part of a controversial social credit scoring system designed to help corporations, banks, and even some governments evaluate businesses and individuals. Unlike other tools used to measure the performance of a business, ESG systems focus on many non-financial factors, such as a company’s […]
Never underestimate the left’s uncanny ability to use a crisis to usher in massive political changes. As Rahm Emanuel famously said, “You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before.” Emanuel […]
Today, Environmental, Social, and Governance (ESG) divesting in fossil fuels is all the rage on Wall Street. Both President Biden and the United Nations support allowing banks and investment giants to collude to reshape economies and our energy infrastructure. A group supported and promoted by the United Nations, the Principals […]
Environmental, social, and governance (ESG) metrics are a kind of social credit system designed to coerce businesses—and, by extension, individuals and all of society—to transform their practices. Through a carrot-and-stick approach, investors and banks (and soon governments) use ESG to push businesses to change how they function, regardless of what […]
For many years, socialists in the United States have attempted to use the “existential” threat of climate change as a Trojan horse to fundamentally transform the U.S. economy from a dynamic, free-market system to a centralized, redistributionist structure. For example, in 2018, self-avowed socialist Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. […]
The foundation of the American way of life is freedom from tyranny, which can only exist in a nation that defends the rights, powers, and property of individuals and families. Over the past two centuries, the greatest threats to liberty have come from governments, both foreign and domestic. And from […]
The radical "Great Reset" movement is on the verge of becoming the law in Europe, and if it happens, it's likely America will be dragged along with it.