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Behind Go Woke Go Broke

  • Writer: Luminary Starr
    Luminary Starr
  • Nov 3, 2022
  • 1 min read

Essentially, groups like the Sustainability Accounting Standards Board (SASB) assign numerical scores to companies based on their environmental friendliness, their social awareness and their internal governance practices.


Smith told LifeSiteNews that with the way the industry currently operates, large stakeholders and fund managers – BlackRock, Vanguard and State Street as notorious examples – can collectively own such massive portions of these publicly-traded companies, that if they were to collectively sell all their holdings in a company, the company would be at risk of a “liquidity” crisis as the mass exodus of investment would cause the share price to crash.


It's all on money and power.

 
 
 

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