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The ESG Movement: Power and Progressivism
This chapter explores the complexities and implications of the Environmental, Social, and Governance (ESG) movement, particularly its influence on private investment and corporate practices. It critically examines the intertwining of progressive agendas with traditional capitalism, highlighting how asset management firms leverage individual investors' funds for social causes that may not align with their interests. Through a discussion of key events and the need for balanced approaches to climate change and economic policies, the chapter reveals the broader power dynamics shaping contemporary societal issues.