Corporate America Is Controlling You and You Need to Know | Jordan Peterson and Vivek Ramaswamy 160
Last updated: Jul 2, 2023
The video is about how corporations are controlling people's lives and how they are using their power to influence policies that are contributing to issues like energy shortages. The speaker, Mikhaila Peterson, discusses the concept of ESG (Environmental, Social, and Governance) and how it is being used by companies to push their own agenda. She also talks about the dangers of too much centralization and the importance of civic duty in the west. The episode is sponsored by Rabbit Air, a company that makes air purifiers.
This video by Mikhaila Peterson was published on Sep 14, 2022. Video length: 01:45:11.
Jordan Peterson and Vivek Ramaswamy argue that corporate America is controlling people through propaganda and manipulation.
They claim that companies are using data and technology to influence people's beliefs and behavior, often without their knowledge or consent.
Peterson and Ramaswamy urge individuals to be aware of these tactics and take action to protect their privacy and autonomy.
The ESG movement has contributed to the energy crisis by damaging the US and Western energy sectors.
The ESG movement has created a new form of fascist totalitarianism that is effectively implemented in the trojan horse of the free market.
The ESG movement has not been in the best business interests of companies like Chevron.
The ESG movement has created a new form of fascist totalitarianism that is effectively implemented in the trojan horse of the free market.
Section 1: Introduction
The speaker is Mikhaila Peterson, daughter of Jordan Peterson, podcaster, lifestyle and diet researcher, founder, and mother.
The video is about how corporations are controlling people's lives and how they are using their power to influence policies that are contributing to issues like energy shortages.
The speaker discusses the concept of ESG (Environmental, Social, and Governance) and how it is being used by companies to push their own agenda.
The video is sponsored by Rabbit Air, a company that makes air purifiers.
Section 2: ESG and Corporate Control
The speaker argues that corporations are using ESG to push their own agenda and control people's lives.
She believes that ESG is being used to justify policies that are not in the best interest of society as a whole.
The speaker calls for a more narrow focus on what is in the best long-term interest of corporations, rather than trying to balance ESG with other interests.
She believes that there have not been enough diverse voices in the boardroom of corporations, which has led to a lack of representation for shareholders and the public.
Section 3: Employee Liberation
The speaker discusses the employees of US energy companies and how they are being quietly waiting for a change in direction.
She believes that these employees are being held back by the handcuffs of the world, which are imposing ESG mandates on them.
The speaker's company, Strive, is working to help liberate these employees by bringing a different shareholder voice to the boardroom.
Strive is in the business of offering expo ways for people to invest in different segments of the market.
Section 4: Index Funds and Passive Investing
The speaker discusses the concept of index funds and how they have become popular in the asset management industry.
She believes that index funds are a good alternative to actively managed funds, which often charge high fees and underperform the market.
The speaker mentions the founder of Vanguard, Jack Bogle, who invented index funds as a way to offer low-cost exposure to the market.
The speaker argues that there is no evidence that actively managed funds outperform the market, and that the typical active fund manager underperforms the market.
The Problem with ESG
ESG (Environmental, Social, and Governance) is being used by companies to push their own agenda.
It is being used to justify bad management practices and poor decision making.
ESG is being used to justify high fees and poor performance.
ESG is being used to justify the aggregation of voting power to advance certain social agendas.
ESG is being used to justify the design of an entire social universe based on social and environmental mandates.
The Solution
The solution is to focus on low fee exposure to the market.
The solution is to use an unerring eye to pick the direction of the entire planet.
The solution is to shine a spotlight on the problem.
The solution is to move the needle a little bit by reviving excellence over apologist values.
The solution is to solve the problem through competition by bringing competition to the table.
The Solution through Competition
The solution is to found a new asset management firm competing directly against Blackrock.
The solution is to launch index funds that offer exposure to the market.
The solution is to bring a different voice and vote to the table.
The solution is to mandate companies to focus exclusively on delivering excellent products and services to their customers.
The solution is to close the loop by bringing the voice and vote of the shareholders to the table.
The Dangers of Centralization
The problem with centralized control systems is that they can't predict the outcome.
The index fund managers were telling their customers to invest in ESG, which is a business opportunity that should not have existed.
The speaker believes that the centralized control system is responsible for the current energy shortages.
The speaker believes that the ESG movement is being used by companies to push their own agenda.
The speaker believes that the ESG movement is being used by companies to gain power and influence over policies that are contributing to issues like energy shortages.
The Importance of Civic Duty
The speaker believes that civic duty is important in the west.
The speaker believes that people need to be more involved in the political process.
The speaker believes that people need to be more aware of the issues facing their communities.
The speaker believes that people need to be more engaged in the political process.
The speaker believes that people need to be more active in advocating for their rights.
The ESG Movement
The speaker believes that the ESG movement is being used by companies to push their own agenda.
The speaker believes that the ESG movement is being used by companies to gain power and influence over policies that are contributing to issues like energy shortages.
The speaker believes that the ESG movement is being used by companies to gain a competitive advantage.
The speaker believes that the ESG movement is being used by companies to appeal to socially conscious investors.
The speaker believes that the ESG movement is being used by companies to improve their reputation and brand image.
The Importance of Transparency
The speaker believes that transparency is important in the business world.
The speaker believes that companies should be transparent about their practices and policies.
The speaker believes that companies should be transparent about their financial performance.
The speaker believes that companies should be transparent about their environmental impact.
The speaker believes that companies should be transparent about their social impact.
The Importance of Responsibility
The speaker believes that responsibility is important in the business world.
The speaker believes that companies should be responsible for their actions and decisions.
The speaker believes that companies should be responsible for the impact of their products and services.
The speaker believes that companies should be responsible for the impact of their operations on the environment.
The speaker believes that companies should be responsible for the impact of their operations on society.
The Dangers of Corporate Power
Corporations are using their power to influence policies that are contributing to issues like energy shortages.
ESG (Environmental, Social, and Governance) is being used by companies to push their own agenda.
Too much centralization is dangerous and can lead to a lack of civic duty in the west.
Larry Fink, CEO of Blackrock, has a personal interest in leftist policies.
Exercising political power through the private sector is more appealing to some than going through the democratic process.
The Economic Incentives
Blackrock has enjoyed a great relationship with the US government, including with the current administration.
Blackrock gets a lot of business back through the government in return for their support.
In China, Blackrock gets straight state favors for being the first foreign owner of an asset management business in the country.
In the US, Blackrock gets capital mandates from Calpers and favorable treatment from the presidential administration.
The incentives are set up for Blackrock to advance agendas that are destroying the very industries they invest in.
The Energy Market
The entire energy market in Europe and other places around the world is now starting to fall apart.
Idiots have broken the energy market for no other reason than their actions.
ESG in Europe stands for exporting Soviet gas, effectively the effect it has had on global energy markets.
For every unit of oil or gas production reduced in the US, Canada, or Norway, Russia and China pick up the slack.
Methane leakage is far worse from oil production in places like Russia or China than in the US, Canada, or Norway.
The Problem with ESG
ESG (Environmental, Social, and Governance) is being used by companies to push their own agenda.
Methane is 80 times worse for global climate change and global warming than carbon dioxide, yet it is being shifted to places like Russia and China.
The biggest opponents to fossil fuels in the ESG movement are also the biggest opponents to nuclear energy.
Nuclear energy is supposedly the most carbon neutral form of large-scale energy production known to mankind, but it is being excluded from ESG funds.
The problem with nuclear energy is that it might actually solve the energy crisis too effectively and pack in all of the other social agendas.
The Trojan Horse of Climate Religion
The climate religion is being used as a Trojan horse to advance a social agenda.
The global equity agenda is being used to catch up with the west, but it is being done asymmetrically by imposing fossil fuel caps on the west.
The opposition of the ESG movement to nuclear energy is because both of them could actually solve the alleged energy-driven climate crisis without accomplishing the other social goals.
The best answers to temperature-related deaths are more plentiful and abundant access to global energy.
The Ambassadors from Europe
Ambassadors from Europe came to Canada and America to ask for help with their energy needs.
The chancellor of Germany came to Canada and asked Trudeau to open up the LNG pumps.
Canada has massive reserves of natural gas, which is a very clean energy source.
The Americans cut their carbon output by turning to fracking for natural gas, which is relevant to the next point about what we are trying to accomplish.
The Death of Western Civilization or Saving the Planet
The problem with ESG is that it is being used to push an agenda that is not about reducing carbon emissions.
The focus is on shifting the same carbon emissions to the east from the west.
The problem with nuclear energy is that it might actually solve the energy crisis too effectively and pack in all of the other social agendas.
The best answers to temperature-related deaths are more plentiful and abundant access to global energy.
The Dangers of Corporate Power
Corporations are using their power to influence policies that are contributing to issues like energy shortages.
ESG (Environmental, Social, and Governance) is being used by companies to push their own agenda.
Too much centralization is dangerous and can lead to a lack of civic duty in the west.
The concept of ESG is being used to control people's lives and decisions.
The dangers of corporate power are becoming more apparent as companies continue to use their influence to shape policies and decisions.
The Role of ESG in Corporate Power
ESG is being used by companies to push their own agenda and control people's lives and decisions.
ESG is being used to shape policies and decisions that are contributing to issues like energy shortages.
ESG is being used to control the way people think and behave.
ESG is being used to manipulate the market and control the economy.
ESG is being used to control the way people are treated and the way they are allowed to live.
The Dangers of Too Much Centralization
Too much centralization can lead to a lack of civic duty in the west.
Too much centralization can lead to a lack of diversity and individuality.
Too much centralization can lead to a lack of innovation and creativity.
Too much centralization can lead to a lack of accountability and transparency.
Too much centralization can lead to a lack of freedom and democracy.
The Importance of Civic Duty
Civic duty is important for the health and well-being of society.
Civic duty is important for the development of a strong and healthy democracy.
Civic duty is important for the protection of individual rights and freedoms.
Civic duty is important for the development of a strong and healthy economy.
Civic duty is important for the development of a strong and healthy society.
The Dangers of Unconstrained Gigantism
The problem with unconstrained gigantism is that it leads to a centralized authority with all the responsibility and power, turning into a tyrant.
The centralized authority becomes dissociated from the populace and all intermediary structures of responsibility, leading to moral hazard.
Breaking up distributed power through market competition is a solution to the problem of unconstrained gigantism.
There are dangers in breaking up distributed power, such as the risk of contributing to the fracturing and politicization of the private sector.
The private sector needs to be a place that provides cohesion in an otherwise divided body, politically.
ESG and Affirmative Alternatives
ESG (Environmental, Social, and Governance) is being used by companies to push their own agenda.
There is a need for an affirmative alternative to ESG in the marketplace.
Strive is the world's leading voice offering an affirmative alternative to ESG in the marketplace.
Strive is unambiguously the world's leading voice on ESG, with a first-year market capitalization of over $1 billion.
Strive is focused on minimizing the risk of contributing to the fracturing and politicization of the private sector.
The Importance of Civic Duty
The private sector needs to be a place that provides cohesion in an otherwise divided body, politically.
The intermediating institutions in American capitalism are political intermediate institutions.
The last thing is to depoliticize the private sector by affirmatively keeping the north star.
Strive is a new company that aims to depoliticize the private sector.
Strive is focused on minimizing the risk of contributing to the fracturing and politicization of the private sector.
The Potential Wave of Everyday Citizens
There is a potential wave of everyday citizens who are hungry for a different alternative.
The system is set up in an intermediate way that makes it difficult for new market actors to break through.
Taking a jackhammer to the system is necessary to break the dam and allow the voice of the everyday citizen to be heard.
The everyday citizen's money is being invested now, and their interests are being served by intermediary financial institutions.
Solving this problem involves aiming to break up distributed power through market competition.
The Problem with ESG Hegemony
The speaker, Mikhaila Peterson, discusses the concept of ESG (Environmental, Social, and Governance) and how it is being used by companies to push their own agenda.
She argues that ESG hegemony is a problem because it limits the diversity of viewpoints represented in the marketplace of ideas and products.
She believes that competition in the marketplace of capital and products is important to keep the flow of capital competitive for everyday citizens who are participants in that economy.
She worries about the politicization of the ESG movement, which has empowered the movement through virtue signaling and advertising.
She believes that the solution to this problem is to take a de-politicized approach that focuses exclusively on what companies should be doing and to have the humility to say that political questions should be reserved for the political process.
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