Blackrock CEO Larry Fink has been one of the more ominous figures of the last decade. The venture capitalist has seemingly been everywhere, buying up property from struggling homeowners, ingratiating himself to Beltway politicians, and becoming a staple at the World Economic Forum. Fink even managed to draw Donald Trump’s eye, with the former president tapping him as a “key” advisor during the initial COVID-19 outbreak.
But while Fink has seemed invincible at times, Blackrock’s CEO has finally found someone to cry about: Ron DeSantis.
According to a new report, Fink is really upset that the brand of ESG has been damaged (and that DeSantis pulled Florida out of the company’s investments), and he’s now looking to back away from the debate altogether.
What is ESG (environmental, social, justice)? It’s an insidious collusion scheme by top-level investors that seeks to cram down social engineering on companies through the threat of withholding capital. If a company doesn’t have a “good” ESG score, it will be passed over even if that company represents the best investment opportunity. In other words, it’s a backdoor for unelected elites to exert incredible influence over the world’s population.
So how does a company get a “good” ESG score? The simple answer is that it must promote far-left ideals. Whether it be going all out for “pride month” or steering money to fight “climate change,” ESG is the left’s strongest tool to date in seeing its agenda pushed through without having to face a single voter. Why worry about elections when you can steer human behavior by manipulating the relationship between people and the corporations they rely on to live their daily lives?
Does this mean ESG as a concept is going away? I wish it were that simple, but making the left squirm and have to change its strategy is objectively a good thing. The first step in taking down the entire ESG racket is sullying it in the realm of public opinion. Ultimately, corporations are still beholden to customers, and DeSantis and others (Texas has also gone big against Blackrock) have illuminated ESG as a major issue in the minds of many.