0 sats \ 16 replies \ @guts 15 Jun 2023 \ parent \ on: BlackRock Close to Filing For Bitcoin ETF Application: Source bitcoin
I wouldn't be friends with the same people who are pushing ESG.
ESG is good, actually.
E = environmental is good for nature. If you're against this, you're probably just a defiant kid. Being against nature is just reactionary but not fact-based or sane.
S = a social corporation has a better long term outlook for profits in the long term probably
G = Governance is shareholder rights. More power to shareholders is good for capitalism and good for the free market. That's why eg Facebook has such a bad ESG rating: shareholder rights are weak when Zucc has total control
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ESG is fascism (state + corporate influence in governing)
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As expected: emotional whining instead of fact based arguments
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Look up the definition of Fascism dude
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Can’t tell if kidding.
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Maybe because you lack critical thinking skills and just parrot what other people in your bubble say?
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Now that’s what I call reactionary 😂
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That's not actually good at all.
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deleted by author
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That ist the IMPLEMENTATION of ESG that failed not ESG itself. I agree with that - this scoring makes zero sense.
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A system that allows big business to rule over people and make de facto laws by steering investment policy away from free market decisions is ANTI-democratic and fascistic.
Are you a socialist or what?
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No, I'm a neoliberal/libertarian shill. I believe what markets, stock markets and corporations decide is fundamentally good and right
Your the one defending the poors like a commie here.
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Then you need to look up the definition of ESG.
It’s specifically demands mal-investment on behalf of “the poor” and “the climate”
ESG is an authoritarian policy that is antithetical to free markets. The only reason it exists today is the corruption and socialist government forces people’s retirement accounts into ESG scams.
Sure blame the people for not taking ownership of those 401ks but I’m also blaming the government
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Sure blame the people for not taking ownership of those 401ks
So you answered your own question
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ESG is shitcoin. End of story