Blackrock har varit uppe i tråden tidigare och den flagranta dubbelmoralen som karaktäriserar "woke capital".
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Woke capital giant bows to China
The largest asset manager in the world is doubling down on China. Actually, make that tripling down – despite BlackRock’s busy schedule of hamstringing the (domestic) energy sector, ensuring demographic equity in the Fortune 500, and trying to put gun manufacturers out of business, they have found the time to tell everyone that we ought to triple financial investments in China.
While BlackRock evangelizes for ESG investing (Environmental, Social and Governance) in the US, it ignores it completely in China. They are, in essence, serving two masters. At home, they serve “woke capital,” requiring moral purity among their investments; abroad, the myriad human rights abuses of the Chinese state are simply swept under the rug. Inclusive capitalism for Washington, social Darwinism for Beijing.
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At home, it’s Diversity, Equity and Inclusion, stakeholder capitalism, inclusive capitalism, BIPOC representation, living wages, net-zero carbon emissions, voting rights, sustainability, Doing Well By Doing Good, and corporate Pride parades. In China, it’s drill, baby, drill; forget about child labor, sterilizing the Muslim minority before sending them to concentration camps, banning Bibles and destroying Churches, cutting down rainforests and hollowing out mountains, or poisoning lakes and rivers.
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Our financial elites are characteristically unperturbed by any of this. They neither advocate for divesting from Chinese assets nor have any interest in using their substantial financial leverage to change anything.
They constantly proclaim the virtues of environmental, social, and governance investing at home, while declaring that we ought to invest even more in the country that destroys its environment, shreds its social fabric, and governs with abject tyranny.
https://www.christianpost.com/news/w...-to-china.html
Som bekant implementerar den finansiella eliten i väst en viss uppsättning spelregler gällande representation, inkludering och mångfald samtidigt Kina har fria tyglar.