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@moo
On making ESG illegal in the USA. Matt Levine in his newsletter.
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While I’ve never felt ESG would do much to address envrionmental issues and it’s hard to judge its effectiveness; it is at least manifestation of the neo-liberal mantra of market based solutions. To now decry it as a manifestation of “woke” (see Marc Andreessen on /moz ) and or support efforts to legally force companies to drop it as an abdication of fiduciary responsibility, simply reveals these people never had attention of supporting meaningful climate action, market based or otherwise. Perhaps now that preference falsification is receding these people will at last be free to come out as the Climate Change deniers they are.
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@pmarca is not a climate change denier. The differences we have as society are the ways in which we think problems ought to be solved. I think we are largely in agreement that climate change is happening and that we have to live with it somehow. The question of the woke agenda is basically how useful all of that stuff has been to society. And while people are free to believe what counts as benefits, the people who actually run real businesses and solve real problems for other people are undeniably those who engage in rather free market competition on a daily basis. And the funny thing is, that literally every single person who is getting closer to the reality of solving problems for other people at scale, do eventually realize that nothing but competence matters. Focussing on anything other than competence on a systemic level does everyone around us a disservice eventually.
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