5min chapter

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Why Elon Musk Was Left Out Of The Environmental List | PART 1 | PBD Podcast | Ep. 226

PBD Podcast

CHAPTER

The Origins of ESG

The origin story of the modern version of ESG starts with the 2008 financial crisis, says Julian Zelizer. In response to that was a left-wing backlash against crony capitalism all the way down, he says. The result is an apologist model of capitalism in which big business advances progressive agendas as a way of atoning for its sin during the 08Financial Crisis,. But even more as a way if you can't beat them, buy them," writes Zelizer.

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