Environmental, Social And Governance Is A Wolf In Sheep's Clothing
By Macro Jack Environmental, social and governance (ESG) is a criteria that some investors use to evaluate opportunities when considering where to allocate their capital. Although at face value the concept sounds harmless and seems to be a good initiative to approach environmental or social issues, in reality, the ESG evaluation process is arbitrary, opaque and centralized, leaving significant room for corruption.
Similar to the social credit system imposed by the Chinese Communist Party, ESG is just another measure of the elite’s agenda to consolidate capital and centrally plan the allocation of resources, destroying the remains of the free market in the process.
If you don't believe it, just know that Larry Fink, one of the key proponents of ESG and CEO of the world's largest asset manager (managing more than $10 trillion), enjoys flying private and relaxing in his Aspen mansion while telling you to reduce your carbon footprint. | 
