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Podcast: Beer and Conversation with Pigweed and Crowhill
Episode: 267: ESG policies are a new form of totalitarianism
Description: The boys drink and review Copper Legend from Jack's Abby, then discuss ESG.Â
ESG stands for Environmental, Social, and Governance. It's a way to rank companies by their compliance with left-wing social goals.Â
People have every right to invest in companies that uphold their social values if they want to. The problem with ESG is that big corporations are forcing these partisan standards on companies -- using other people's money, and without their permission! It's a classic shakedown.Â
When big investment companies like Blackrock do this sort of thing, they're violating their fiduciary dut...