BlackRock: Masters of the Universe
The financial monolith known as BlackRock has an estimated $10 trillion under management and is using its clout to change the world — but not for the better...
Despite what you may have heard, it is about much more than “money.” It always has been.
The recent cultural transformation of corporate America — think Bud Light, Target, and Disney as some of the more recent examples — has shocked traditional Americans to the core. Suddenly, it seems that every major company in the nation has gone “woke,” promoting everything from man-made global-warming alarmism and “transgender” mutilation of children’s genitals to godless glob-alism and vicious race-mongering. It is all happening under the guise of improving “Environmental, Social, Governance” (ESG) scores and “Diversity, Equity, and Inclusion” (DEI) metrics.
Customers hate it, of course, as many companies facing boycotts and steep financial penalties have learned the hard way. So do shareholders, managers, and employees. Yet, despite being a money loser and despite the endless “Go Woke, Go Broke” chorus chanted by conservatives, more and more companies and brands are jumping on the “woke” bandwagon, apparently oblivious to the catastrophic damage they are doing to their brands. But there is more to the story; a simple explanation to the madness is lurking just beneath the surface…
Read the full story at thenewamerican.com
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Excellent analysis. I have previously heard that you need to go to the Money Powers - BlackRock, etc - to explain the woke stuff. But this piece gives the many needed details. Thank you.
I'm in the middle of "BlackRock: Masters of the Universe" and thank you for spelling out the pieces of the puzzle. There must be plenty of people looking for the answers to "Why did Disney etc. shoot themselves in the foot." These people need to find your post. It is needed to see the cause and effect of what is unrolling in front of us.