Mark Carney: The Wrongest Man at the Wrongest Time Ever – Climate-activist banker seeks Canadian leadership
The politicization of business and capital markets has many fathers. BlackRock CEO Larry Fink, one of the most prominent and unrelenting advocates for “sustainability” in investing, is often described as such. Klaus Schwab, the now-retired chairman and founder of the World Economic Forum, also often wears that title. So does the billionaire political gadfly Michael Bloomberg; so does R. Edward Freeman, the business professor and originator of “stakeholder theory;” and so do countless others who have worked diligently to advance ESG (Environmental, Social, and Governance investing), DEI (Diversity, Equity, and Inclusion), and all the other efforts to make business and investing more “socially responsible” or less unfair or…whatever.
The whole piece is well worth reading because as the article says, Mark Carney has had a major influence on the spread of woke politics into the business of investing.
5 comments:
No wonder Trump has been musing on the takeover of Canada.
Carney predicted a recession within 6 months of the Brexit vote, let alone the actual Brexit. Economics and climate disasterology seem to be on a par when it comes to predictive power.
Canadians need to watch him carefully. If he starts predicting victory, then they are safe.
Tammly - Babylon Bee did a spoof piece on that, but only more of Justin Trudeau could be worse than Mark Carney.
Sam - it's a sign of serious decay when someone such as Mark Carney can rise so high. You are right though, if he starts predicting victory, then Canadians are safe. They don't want him predicting good times ahead though.
Mark Carney - the last hurrah of the Global Liberal Horde (but he is deluded enough to think the Horde still carries all before it).
DJ - yes, let us hope he wins the leadership race then fails miserably in the 2025 election.
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