The Destructive Power of ESG with Yaron Brook
Feb 04, 2021•1 hr 3 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Alex Epstein interviews Yaron Brook about the origins, rise, and unprecedented power of today’s anti-fossil fuel ESG movement in investing.
They cover:
- Larry Fink’s latest influential letter
- The shareholder value theory of the purpose of a corporation
- What’s wrong with the “stakeholder value” theory of the purpose of a corporation
- How government coercion increases the power of the ESG movement
- How the culture gives the ESG movement most of its power
- What companies can do to fight back against the anti-fossil fuel ESG movement?
Yaron Brook is a former finance professor, an investor, Executive Chairman of the Ayn Rand Institute, and host of The Yaron Brook Show.
For the best experience, listen in Metacast app for iOS or Android