ESG: Leveraging Woke Communist Takeover

7 August 2022

From the article What Is ESG? It's A Leveraging Tool For The Woke Communist Takeover, ZeroHedge, 7 August 2022:

The corporate dynamic when it comes to politics has been rather bizarre the past five years....

Wall Street, Entertainment Media and Big Tech companies donated FAR more to Democrat candidates in recent years compared to Republican candidates.  In the 2020 presidential election, they spent 250% more on Joe Biden's campaign than Donald Trump's. But beyond that, many companies have gone aggressively and openly woke....

Part of this aggressive leftism could be attributed to the ESG movement (Environmental, Social and Corporate Governance), a clear appendage or tool for globalist foundations like the Ford Foundation, the Rockefeller Foundation and the World Economic Forum.  It is also referred to as “stakeholder capitalism” and “mission related investing.”  Stakeholder capitalism is just another term for socialism/communism, and ESG is a related control methodology for dictating how businesses behave politically.  

The term “ESG” was originally coined by the United Nations Environment Program Initiative in 2005, but the methodology was not fully applied to the corporate world until the past six years when ESG investment skyrocketed....

One could call this an odd mix of communism and fascism; the point is, the lines have blurred beyond all recognition and the ideology of the people in power is specifically leftist/communist/globalist....

ESG is about money; loans given out by top banks and foundations to companies that meet the guidelines of “stakeholder capitalism.”  Companies must show that they are actively pursuing a business environment that prioritizes woke virtues and climate change restrictions....

These loans become a form of leverage over the business world... The list of companies heavily involved in ESG includes some of the largest in the world...

... the ESG money is going to dry up also unless rates go back to zero and the bailout firehose is turned back on.  Getting woke was once a backdoor tactic of gaining easy wealth.  Now, getting woke really does mean going broke.

Read the entire article What Is ESG? It's A Leveraging Tool For The Woke Communist Takeover.

Related

Mutual Funds Are Using Your Money to Push ESG - We’re all social justice warriors now, American Spectator, 16 September 2022.

ESG Is Simply a Socialist Plot by a Group of ‘Corporate Elites,’ Disguised as Free Market, Epoch Times, 20 September 2022.

Socialist Investment Advisors, by Kenin M. Spivak, American Mind, 3 September 2022.

Entertainment Companies Start Dumping Woke Content As Viewership Tumbles, ZeroHedge, 7 August 2022.

ESG and Corporate Totalitarianism, by David Hoyt, American Thinker, 4 September 2022.

Disney's Awful Addiction to Grooming

"White Skin Privilege" - a Racist Idea - We are facing a totalitarian threat in the Democrat Party, by David Horowitz, FrontPage Mag, 25 January 2019.

Federal Reserve announces major ‘pilot exercise’ for ESG social credit score system - "Climate finance" is almost identical to that of the Chinese Communist Party's social credit score system, by Jordan Schachtel, The Dossier, 30 September 2022.