The Destructive Power of ESG with Yaron Brook

Alex Epstein interviews Yaron Brook about the origins, rise, and unprecedented power of today’s anti-fossil fuel ESG movement in investing.

They cover:
- Larry Fink’s latest influential letter
- The shareholder value theory of the purpose of a corporation
- What’s wrong with the “stakeholder value” theory of the purpose of a corporation
- How government coercion increases the power of the ESG movement
- How the culture gives the ESG movement most of its power
- What companies can do to fight back against the anti-fossil fuel ESG movement?

Yaron Brook is a former finance professor, an investor, Executive Chairman of the Ayn Rand Institute, and host of The Yaron Brook Show.