All in all
It's just another brick in the wall
--Pink Floyd
Some claim that the current ESG movement, where investment decisions are being made according to the environmental, sustainability, and governance profiles of target corporations, is 'market driven.' After all, fund managers are allocating capital out of their own volition driven by their own ideals.
However, these ideals have not been formed freely. They flow from particular political ideologies. Government has funded programs that promote, for example, global warming and climate change, and public schools been indoctrinating young minds to these notions for years.
Because resources to fund these initiatives have been sourced from taxpayers, the ESG movement can be seen as an outcome stemming from another in a long line of government-sponsored propaganda campaigns. Rather than being peacefully driven, it is a movement steeped in aggression.
Saturday, February 15, 2020
Steeped in Aggression
Labels:
capital,
climate,
fund management,
manipulation,
markets,
media,
socialism,
taxes
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