>>82676951>This is where things got really retarded. The companies needed to justify further loans and needed a limitless money sink to convince the banks to give them more money. DEI became a convenient tool for this since you could just make shit up and say you need grants and loans on the basis of Social Equity.ESG is not an excuse. It's an ideological push that is being enforced regardless of profit. You are exceedingly naïve to assume it's going anywhere.
>The problem is the party is ending and the music has stopped. The banks know this, the companies profit driven CEOs know this. DELL just laid off 12,500 people. Layoffs? Why are you pretending as if those have anything to do with policies set by the people at the very top of the corporations, by private equity firms, and other interests? Why are you pretending like Blackrock's subversion would stop here?