Dear Reader,
One of the biggest news in the financial world recently is that Florida pulled $2 billion worth of BlackRock-managed assets, the biggest such divestment by a state opposed to the asset manager’s environmental, social, and corporate governance (ESG) policies. This followed similar moves made by other states such as Missouri, Louisiana, and South Carolina.
Many people are asking about ESG. Is corporate America becoming an enforcement arm of the government, doing in many cases what federal authorities are unable to do?
The Epoch Times’ new special report The Shadow Stateexamines this new global alliance of government and corporation through multiple viewpoints, from CEOs and lawmakers to farmers in Sri Lanka, to determine whether the combined power of the federal government and private sector is making our lives better, or if it will lead to shortages, poverty, and political instability.