This is the video. Less than 20 seconds in Vivek says he finds it difficult to define what ESG is.
https://www.youtube.com/watch?v=1gQJk_goU4Q
The point is whether this is a way for Vivek to monetize the issue. Information is power. Reading the entire article furnishes facts that show that the course being pushed by Ramaswamy will damage returns, strip money from pension funds and allow Government to dictate to industry. How has that worked before?
The evidence is furnished in the article that many of the companies being targeted (examples Exon, Vanguard, Blackrock) are competent and successful managers. Conservatives, who are well acquainted with fake news, should not be so quick to swallow what they are told without looking into the claims. Forgetting the money motive because someone sings a song that resonates to us is a dangerous blindspot.
Less than 20 seconds in Vivek says he finds it difficult to define what ESG is.
The actual quote is, "I find it very difficult to define what ESG is today." Which is different from not knowing what ESG is.
That's a statement about how ESG is evolving and how the left is using it.
“The point is whether this is a way for Vivek to monetize the issue. Information is power. Reading the entire article furnishes facts that show that the course being pushed by Ramaswamy will damage returns, strip money from pension funds and allow Government to dictate to industry. How has that worked before?”
That is nonsense. Ramaswamy’s point about not defining ESG is because given the numerous ESG advocates and what they say is ESG and what the academic bishops of ESG say it means, it all really depends on who you ask. That defining delimna is not Ramawamy’s.
Business wize all Ramaswamy is doing is offering investment fund alternative that promises not to make investment decisions based on ESG concernrs.
That is not “grifting” and the claim it is comes from the biggest pushers of ESG.
They are trying to smear Ramaswamy as solelu operating for monetary gain, when anyone read enough of what he says about the U.S. government policies and positions knows that to be a lie.
Some GOP-E types do not like how well Ramaswamy is doing in the polls.