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Tag: shareholder capitalism

Schwab Did Not Invent Stakeholder Economics

Everyone knows I became friends with Milton Friedman. Back in 1970, Milton exposed how Stakeholder Economics was inefficient and stupid long before Schwab claimed...

BlackRock Backtracks on Stakeholder Capitalism

BlackRock finally admitted that their ESG policies in the name of shareholder capitalism have been bad for business. “BlackRock’s business, scale and...