BlackRock Backtracks on Stakeholder Capitalism
March 5, 2024https://www.armstrongeconomics.com/wp-content/uploads/2021/08/Schwab-Camara-Stakeholder.mp4 BlackRock finally admitted that their ESG policies in the name of shareholder capitalism have been bad for business. “BlackRock’s business, scale and investments subject it to significant media coverage and increasing attention from a broad range of stakeholders,” the company stated in it’s annual filing with the SEC. “This heightened scrutiny has resulted in […]