by Jack Gleason, American Thinker:
The days of “an honest wage for a day’s work” are long gone. In addition to having to work harder while inflation eats up their pay increases, employees are now forced to monitor their behavior and even their own thoughts in order to keep their jobs.
Freedom of speech and expression are gone — even when you’re not at work. Corporations are caving to pressure from liberal groups and government bureaucracies and establishing policies to silence all forms of conservative thought and speech in order to advance the liberal agenda.
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Worst of all, as consumers, we’re supporting these companies without even knowing it.
It’s the same for stockholders. They invest their savings — or their pensions are invested for them — with companies that no longer have their financial interests at heart.
But corporations are bound by law to consider corporate profits their top priority. The personal views of the CEO, board members, or other corporate officers are required to be ignored if they are not focused on getting the best return on the shareholders’ investment.
Liberals have found a way to coerce corporate America into complying with their woke agenda by starving them of capital investment if they don’t submit. This threat to free speech and American conservative values is the “ESG” movement. It stands for “Environmental Social Governance” and puts forth a series of standards that require companies to adhere to certain principles of managing their businesses.
Environmental issues focus on adherence to climate-change policies, clean energy, and pollution control. This sounds great in theory, but the standards they set are decided behind closed doors and often use false or unverified data. One major target is fossil fuels. Any company that produces energy from fossil fuels, or uses coal, oil, or natural gas, is immediately marked as noncompliant with ESG policies and their ability to generate capital for growth, or even into research into how to make their products less harmful to the environment, is shut off. Any company that deals with a noncompliant company becomes noncompliant, too.
The social aspects of ESG involve a company’s relationships with their shareholders, “stakeholders” and employees. Stakeholders are defined as “a person or group with an interest in an enterprise” which means anyone who deals with the company, or is impacted by the company — pretty much anyone.
“Socially Responsible Investing” (SRI) also sounds great, but demands adherence to the latest fashions in promoting diversity, inclusion, social justice and opposing all forms of discrimination, including race and gender. (Unless the discrimination is against a “privileged” class.) Since these are arbitrary rules, there’s no limit to how far the ESG proponents will go. Will they demand that every board of directors have at least two homosexuals, three African-Americans, one transsexual and five women? What if there are no qualified candidates with these characteristics? Will a less-skilled individual be hired as CEO or a senior manager simply because of their sexual orientation or skin color?
As company policies are reviewed under ESG guidelines, will they be required to force every employee to get vaccine injections — even if they are proven to be ineffective or dangerous? Since when did corporations have the right to mandate medical decisions for their employees?
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