WEF: “Human Dignity” and “Tangible Empathy” elements of Stakeholder Capitalism

April 11, 2022

In an article published by the World Economic Forum (WEF), Accenture consultants lecture about “Human Dignity” and “Tangible Empathy” elements of Stakeholder Capitalism as companies increasingly adopt mandatory policies.

Stakeholder Capitalism: Neither Capitalism Nor For Stakeholders

April 06, 2022

Scott Shepard writing for RealClearMarkets.com, explores how “stakeholder capitalism” is neither pursued for the benefit of stakeholders nor is it any kind of capitalism at all.

Zitelmann: Defending Capitalism

March 29, 2022

Despite Capitalism increasingly gaining a negative connotation, Dr Rainer Zitelmann argues that Capitalism is worth defending, attributing the decrease of extreme poverty around the world to below 10% to a capitalist system.

Apple Investors Defy Company and Vote for Civil-Rights Audits

March 08, 2022

During Apple’s annual shareholder meeting, shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements.

Tomlinson in Townhall: The World Economic Forum’s Woke War on Business

February 21, 2022

Connor Tomlinson writing for Townhall.com explores the current transformation of the business world due to the implementation of Stakeholder Capitalism and how World Economic Forum founder Klaus Schwab imposes his vision on to free-market exchange.

Commentary: BlackRock CEO Larry Fink’s Woke Capitalism Crusade Runs into Resistance

February 08, 2022

Andy Puzder and Stephen R. Soukup describe BlackRock CEO Larry Fink’s Woke capitalism crusade and retreat as his push for Environmental, Social and Governance (ESG) investment criteria and “stakeholder capitalism” were met with intense resistance from many including shareholder activists, U.S. senators, state treasurers, legislators, governors, as well as the former director of “sustainable investing” for BlackRock itself.

Darwall: Woke Capital Won’t Save the Planet

February 02, 2022

Rupert Darwall writing for RealClearenergy.org, explores how woke capitalism may have reached in pinnacle, referring to a letter by BlackRock CEO’s Larry Fink who states in a recent letter that stakeholder capitalism is not “woke,”  because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders, a shift from 2019 when he wrote his « profit and purpose letter ».

Veldhuis and Clemens: Stakeholder Capitalism and ESG’s Road to Socialism

January 25, 2022

Niels Veldhuis and Jason Clemens writing in the Financial Post argue that the trends of ESG (environment, social, governance) and stakeholder capitalism movements diminish economic freedom and push towards a new brand of socialism.

Bebchuk and Tallarita: The Illusory Promise of Stakeholder Governance

Cornell Law Review

January 19, 2022

Lucian A. Bebchuk and Roberto Tallarita, writing in the Cornell Law Review, address the growing concerns of the effects of stakeholder capitalism on corporations, assessing it as an inadequate approach to addressing stakeholder concerns.

U.S. Regulator Proposes Climate Risk Guidance for Banks

December 22, 2021

The Office of the Comptroller of the Currency (OCC) has proposed draft supervisory guidance for large U.S. banks to integrate climate financial risk assessments into every aspect of their work including from how climate change affects board room governance, to the banks ability to service poorer communities.