Stakeholder Capitalism

Elon Musk Takes 9.2% Stake in Twitter

April 08, 2022

After taking a poll last month to his 80 million Twitter followers asking whether or not the company adheres to the principles of free speech, Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, leading to a surge in shares.
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.
Facebook Allows Posts Urging Violence against Russians

March 14, 2022

According to Reuters, Meta Platforms will allow Facebook and Instagram users to call for violence against Russians and Russian soldiers concerning the Ukraine invasion, changing their hate speech policy.
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.
Frederick: Tech Totalitarianism Threatens America

February 25, 2022

Former counterterrorism analyst for the Department of Defense, Kara Frederick, writing in The Federalist, warns of Big Tech increasing their control over Americans private lives including undermining First Amendment freedoms in silencing speech, suggesting that if this control continues to grow, America will soon find itself in a similar situation as Canada or China.
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.
Texas Sues Facebook over Biometric Data Collection

February 16, 2022

The Texas attorney general's office has sued Meta's Facebook, alleging that FB violated state privacy law by collecting biometric data of millions of Texans without their consent.
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 ».