Thursday, August 29, 2024

ESG Is Reshaping America’s Institutions

You may have heard the Environmental, Social, and Governance (ESG) movement described as a juggernaut that has steamrolled through our institutions for over two decades.

If only ESG were a unified force towering over corporate America and beyond.

Attended by a cadre of global elites including finance executives, bankers, and investors, the conference focused on integrating “environmental, social and corporate governance issues in asset management, securities brokerage services and associated research functions.” In other words, from its inception ESG has posed a formidable threat to national sovereignty, cultural identity, and fundamental economic principles.

It’s commonly thought that ESG is a behemoth that has gorged itself on reams of academic pablum, with few daring to disrupt the chorus of virtue signaling that dominates modern business scholarship.

ESG is not a Leviathan but rather a hydra—a multi-headed beast of disparate interests, a loose confederation of academic theorists, corporate opportunists, bankers, investors, lobbyists, non-governmental organizations, and misguided do-gooders, all jockeying for position to appear as the most righteous.

Stopping this global project is necessary to revive self-government.

By challenging these power dynamics and advocating for the norms and values that ESG marginalizes, we can safeguard the culture and individual freedoms fundamental to America’s strength and vibrancy.

https://americanmind.org/salvo/esg-is-reshaping-americas-institutions/

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