Puzder pointed out that while capitalism is a form of “economic democracy,” with customers in charge of the economy, socialism involves the elites controlling the economy. In capitalism, people vote with their dollars while companies become profitable by meeting the needs of the people.
He feels ESG is a form of investing whereby the focus is on “accomplishing leftist political agenda” as opposed to enhancing investor returns. A group of “corporate elites” which together control more than $20 trillion worth of investments are “imposing their will” on the managers of companies that they are invested in. Corporate elites pushing ESG investments are not, as such, part of the government.
この記事は Indian Economy & Market の October 2022 版に掲載されています。
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この記事は Indian Economy & Market の October 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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