“They saw their injured country's woe;
The flaming town, the wasted field;
Then rushed to meet the insulting foe;
They took the spear, - but left the shield.”
―Philip Freneau
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And by a prudent flight and cunning save A life which valour could not, from the grave. A better buckler I can soon regain, But who can get another life again?
Archilochus
Friday, June 24, 2022
The World Economic Forum's 'Great' Narrative and Reset to Stakeholder Capitalism
It's pretty scary. The ESG movement has a lot of backing and momentum behind it... and there seems to be no enforcement of the corporate "fiduciary" responsibilities deliberately surrender by 'B' Corps (Benefit Corporations).
To qualify as a B Corp, a firm must have an explicit social or environmental mission, and a legally binding fiduciary responsibility to take into account the interests of workers, the community and the environment as well as its shareholders.
5 comments:
Yikes! Bad news!
This has been the "Deep State" plan all along, the Technocracy of the Bureaucrats. They did SUCH a great job with Covid... we can trust them.
Good Lord what is next?
It's pretty scary. The ESG movement has a lot of backing and momentum behind it... and there seems to be no enforcement of the corporate "fiduciary" responsibilities deliberately surrender by 'B' Corps (Benefit Corporations).
To qualify as a B Corp, a firm must have an explicit social or environmental mission, and a legally binding fiduciary responsibility to take into account the interests of workers, the community and the environment as well as its shareholders.
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