Blackrock is the world’s leading financial asset management firm, with almost $10 trillion under management. For such a financial giant, it is surprising that so little information is available about them. I knew that they were a force behind Big Pharma. However, there is much more to the story beyond the vast amounts they make from collecting royalties for their financial management services.
Blackrock also controls the stock of the public companies and can install the directors it wants, and push the companies in the directions it chooses. Unfortunately Blackrock are big on ESG (Environment, Social, Governance) and DIE (Diversity, Inclusion, and Equity), so achieving woke ideologies has become part of the modern business practices, even over and above profit maximisation, with some $ 500 billion the ESG woke way. The present ideology is that this is necessary to save the world from various “threats” such as climate change, as investors are going along with this to keep the so-called high moral ground.