Defeating the ESG Movement
The return to Capitalism
For me, one of the most astonishing things about the last nearly three years is the rapidity with which the Woke Inc. corporatists have dominated the agenda. The Western governments’ Covid response (and even the creation of Covid) allowed this to happen unabated.
“The science” has been presented as a done deal - by the mainstream media - and social media (through a concerted programme of censorship and de-platforming). Following quickly has been a barrage of scientism propaganda about a series of agenda items: about a climate change ‘emergency’; self-identifying gender; and centralised, global control of everything - among others.
None of this could have happened without corporatism - without the largest companies, with the biggest lobbying machines, essentially taking control of pig-stupid politicians (apologies, pigs are among the most intelligent of farm animals).
Huge pharma corporates have peddled the dodgy vaxes. Media organisations have parroted the newspeak. Investment houses (like Blackrock and Vanguard) have used block voting to keep apparatchik companies in check and on-message in terms of ESG: the new TLA that’s everywhere these days and essentially means - do the Net Zero nonsense or we’ll pull our shareholding and you’ll go bust.
Woke Inc. is actually the title of a book that was published by Vivek Ramaswamy, a new-breed financier and social media phenomenon. Vivek is the guy behind an Asset Management outfit called Strive. He is also a crusader against the ESG “movement” (which is really just a psyop co-ordinated by the media teams behind the WEF and the oligopoly ESG investment banks).
I believe that Ramaswamy, and other pioneers willing to go out on a limb to say, “Enough is enough…let’s restore Western capitalist, free market values,” represent some hope for the future. But I’d like to see other business people who, currently, can’t believe what’s going on in front of them, should take similar stands.
One means of doing this is to restore some common sense in capital markets: public and private. Companies that are producing good fundamentals (profit, dividends, and share price growth) should be rewarded - not punished by bully-boy scaremongering or blackmail. Remember, many of the most visible captains of the ESG industry have been implicated in the Epstein scandal, and are essentially the “green” equivalent of Chicago hooch mobsters. Make no mistake, there's a corporate turf war going on. And the dirty players have been winning the turf.
That can’t be allowed to continue. I have had many conversations with enough UK based investors, fund managers and entrepreneurs to know that the worm is turning. I’d expect that investment will start rewarding fundamentals in the short term. The market will punish under-performing ESG funds. But, even better, investment monies will start prizing thinkers again. Sooner rather than later.
Breath of fresh air.
Nowhere near enough, Jeffrey. The solution to this is to complete wipe out the current systems of control, including the whole notion of capital markets and corporations. The whole centralised system needs to be replaced with a decentralised one. The technology is ready, the tools are there, it just needs enough people to understand the enormous benefit. It is inevitable. The only unknown is how long it will take.