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What investment firms are those, and what benefits to they gain from ESG programs?
by shadowgovt 4y ago
What investment firms are those, and what benefits to they gain from ESG programs?
- prohobo 4y agohttps://www.forbes.com/advisor/investing/best-esg-funds/ https://www.forbes.com/advisor/investing/best-esg-funds/ The biggest ones are of course Vanguard and Blackrock. I don't really know what they gain from it. I don't think it's anything directly, but maybe it's part of the intertwining of state and corporation, where they scratch each others' backs and compensate for each others' weaknesses.
- shadowgovt 4y agoI believe what they gain from it is investors. ... which ties back to the "It appears to be what the people want" problem. Granted, money may be a bad proxy for what the people want (and we could have an entire conversation on the caustic effect of financial inequality of the stability of a functioning democracy). But to the extent that capitalism likes to imagine we can conflate the two... If it pulls in the dollars, it's the thing that's wanted, right?