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ESG: It does not mean what you think it means.
The reason our country thrives under capitalism is there are more than 300 million minds involved in shaping the economy. A capitalist economy is natural. Willing sellers and willing buyers settle on the prices of goods and services. A socialist economy is doomed to fail because it is the creature of central planners. ESG is a form of central planning.
This episode is also available as a blog post: http://john-n-white.com/2023/04/28/esg-it-does-not-mean-what-you-think-it-means/
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By John N. White
5
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The reason our country thrives under capitalism is there are more than 300 million minds involved in shaping the economy. A capitalist economy is natural. Willing sellers and willing buyers settle on the prices of goods and services. A socialist economy is doomed to fail because it is the creature of central planners. ESG is a form of central planning.
This episode is also available as a blog post: http://john-n-white.com/2023/04/28/esg-it-does-not-mean-what-you-think-it-means/