In America, if enviornmental, social, and governance (ESG) and diversity, equity, and inclusion (DEI) mandates are accepted in their current form, capitalism will most likely be destroyed.
The widespread acceptance of ESG and DEI by American business giants is as concerning as it is eye-rolling. Large corporations routinely play games to attract stock buyers’ interest, but this is different. This is not a game. Many aspects of ESG and DEI eschew business and economic fundamentals, and challenge rational thinking by replacing fundamentals with dogmatic doctrines.
To make matters worse, the cult thinkers who monitor ESG and DEI scores want as much power as the credit-rating agencies, such as Standard & Poor’s and Moody’s. These obsessed “change makers” have passed off ESG and DEI as liberal progress, but, in reality, it is something far more sinister.
In America at least, ESG and DEI are not liberal, or centrist, political initiatives. Rather, they are well-capitalized leftist experiments.
What Is ESG and DEI?
While ESG and DEI began as separate components, since 2020 they have become more and more interrelated. If you are wondering what ESG and DEI are, “E” stands for the environment, and environmental welfare. Carbon emissions are the biggest target, but there are far more obvious solutions to combat environmental welfare than picking, and choosing, where carbon is to be reduced.
Habitat restoration is one of them; so is protecting the ocean and fisheries. On the contrary, however, Norway is considering opening up its waters to deep-sea mining, all in the name of independence from fossil fuels.
What about wind turbines? The rush for wind turbines has led to shoddy workmanship, including instances where 700-foot turbines have literally fallen over. Wind farms have also been placed in the middle of bird migratory flight paths, resulting in the deaths of tens of thousands of birds.
Yet the ESG change makers rarely discuss such anomalies. When they do, it is hidden in discussions about the “rapid innovation” green technology is experiencing. It seems innovation is so rapid, they are unable to avoid destruction and crucial mistakes.
The “S” in ESG stands for social. The social aspect in ESG is literally double dipping when you factor in DEI. More on that soon. The “G” is for governance, and this is one category the change makers have the most trouble with. When you take a closer look at governance policies, let’s look at the simple metric of how many boards can a director sit on.
According to BlackRock, an asset management firm, that number is a maximum of four boards, but BlackRock breaks its own rules. They have an Ivy league dean on 69 boards, while another one of Blackrock’s directors sits on 71 boards.
What About Diversity, Equity, Inclusivity?
On the surface, it seems harmless to incentivize corporations, and markets to hire people from diverse backgrounds, and to employ people with disabilities. However, much like ESG, the mandates and guidance behind DEI is far different than it suggests.
DEI is really just an extension of CRT (critical race theory), and because of DEI, CRT is now being taught in K-12 schools through a program known as social and emotional learning (SEL).
Proponents of SEL will disagree with my statement, but SEL is no longer as “neutral” as it used to be. In recent years, SEL has become more and more a tool of the left. To better explain, think of CRT as the ideology, DEI as the marketing gimmick, and SEL as the vehicle in which this is delivered. Teaching this at the K-12 level is a dangerous development that must be overturned.
The ‘E” in DEI means equity—not equality—which means equal outcome. In other words, tearing down the free market and forcing a redistribution of wealth. Yet there’s no such thing as equality of outcome in the free market. The “I” means inclusivity. I am at a loss for words with inclusivity, because I question what “social” and “diversity” means, if it doesn’t already check the box of “inclusivity.”
How Can America Stop the ESG–DEI Industrial Complex?
How can America stop this? Citizens can lobby their representatives to pass laws to prevent money managers from influencing theories that usurp our nation’s economic system. They can pass laws that prevent collusion. Remember separation of church and state? Now we need the separation of ideological cult thinking from business and education.
Congress and state legislators can put forth legislation to break up the asset management quasi-monopolies that exist (Vanguard and BlackRock, for example, control just shy of $20 trillion in assets). There should be a law preventing money managers from choosing ideological theories and aligning themselves with certain ideologies unless the client expressively demands so.
Congress and state legislators can also continue to push laws that limit ESG and DEI interference in that state. America has plenty of intelligent adults. We need more of them to speak against totalitarian agendas.
All Americans need to see that these top-down instructions from unelected theorists are not doing anything for the environment, for society, or for diversity, apart from creating a larger cultural divide.
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Article cross-posted from our premium news partners at The Epoch Times.
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
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“What Is ESG and DEI?”
“DEI as the marketing gimmick . . . .”
“Citizens can lobby their representatives . . .”
I have been losing faith in the Epoch Times lately —- the last few years the articles by the Chinese and Chinese–American journalists and authors are outstanding, but the ones by the eternally clueless Euro–American are frequently beyond simpleton!!!
First, one must possess the rudimentary brainpower to recognize COMMUNIST POLITICAL MINDER SYSTEMS —— DEI is exactly that, structured exactly as political minder systems set on place by Mao Zedong, Josef Stalin, Fidel Castro, etc.
What is wrong with the uninformed, uneducated people today?!?!
It would help if the article author knew anything about BlackRock and Vanguard and State Street and Fidelity?!
BlackRock, Vanguard, State Street and Fidelity are the ultimate example of the ultra–cross–shareholding financial construct —– it is ludicrous that Hagan is pointing out massive board representation without mentioning this — or being abysmally ignorant of it. When two companies are cross–shareholders in each other, it quadruples their power and financial control —— now imagine a the Big Four who are the major shareholders in the majority of major corporations —– plus beingmthe major,shareholders in each other!?
Any plebe or rube today urging us to contact our congressional representatives is seriously beyond ignorance!
So under which administration were those communist political minder systems —- DEI —- implemented at the Pentagon/DoD???
It may surprise many to learn —- INCLUDING THE AUTHOR OF THIS PIECE —– the Trump Administration!
MARK ESPER inserted it into the NDAA and Trump signed it, then Esper left to join the Atlantic Council and the Aspen Strategy Group —- need we say more???
The answer is we can’t stop it. Only the Lord can stop it. We can and should stand against it, but ultimately if the Lord is allowing it as a matter of judgement, then it’s going to run its course, like any and every Romans 1 type of judgement. And if all that is going on these days is leading up to the final judgment, and I believe it likely is, it won’t stop until the the greatest tribulation is passed and the Lord Himself throws Satan into the abyss once and for all.
Nobody wants to hear that, but it’s the truth.
The Bible is fairly clear on the fact that the Antichrist’s economic system is not free market capitalism. It is going to be destroyed, ultimately along with everything else. And things are headed in that direction, just as foretold.