The Wrongest Man

Climate Depot has an interesting piece on Mark Carney and his bid to replace Justin Trudeau as leader of the Canadian Liberal Party.

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.