Unf*cking The Republic

The Problem with Conscious Capitalism: ESG, SRI and FMF.


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Today we examine Conscious Capitalism™ as an organization (the trademarked entity) and Conscious Capitalism the movement characterized by the investment concepts of Environmental, Social and Governance (ESG) and Socially Responsible Investing (SRI). This is the final building block as we continue on our collision course with Milton Friedman and the Chicago School of Economics. The promise of Conscious Capitalism as a concept, ESG and SRI is that capitalism on its own can and will voluntarily cure the societal ills it causes through the auspices of further deregulation and free markets. Spoiler: It’s a load of horseshit. Enjoy!

Resources

Economic Policy Institute- Wage Stagnation in Nine Charts: epi.org/publication/charting-wage-stagnation

Good Jobs First- Violation Tracker Parent Company Summary: violationtracker.goodjobsfirst.org/parent/dte-energy

Yahoo! Finance- Vanguard FTSE Social Index Fund Admiral: finance.yahoo.com/quote/VFTAX/holdings?p=VFTAX

Infoplease- The Toxic 100: Top Corporate Air Polluters: infoplease.com/math-science/earth-environment/the-toxic-100-top-corporate-air-polluters

Conscious Capitalism- Board of Directors: consciouscapitalism.org/boardofdirectors

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Unf*cking the Republic is produced and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com).The show is written and hosted by Sonny Crockett and distributed by Tom from Whole Foods.

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