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Why is the Financial Sector Destroying Corporate America? We Must Stop the ‘ESG’ Tyranny

By John Horvat II 

The greatest enemy of America’s financial future is not any foreign nation, a government regulator or a dangerous ideologue. The existential threat to America today is the “woke” financial establishment. It is presently politicizing business and weaponizing investment in policies that will have a devastating effect on America and the world.

Big business has always tended to be politically liberal. Over the decades, major companies have supported causes that seemed to work against their self-interest. Such action has rarely prevented them from registering profits or jeopardizing stockholders’ investment. Many thought that by groveling to these leftist causes, they might buy the support of rich liberals and favorable media. There was always a calculation with an eye on a return on investment.

Moreover, these causes are very unpopular among American consumers and the general public. Companies used to exercise some caution, fearing the backlash from appearing too radical. The danger of the saying “go woke, go broke” was only too real…

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