Calling all students and young adults! Join Senior Scholar Dr. Richard Salsman for Morals & Markets on Thursday, June 23 at 5 PM PT / 8 PM ET for "Stakeholder Capitalism Is Fascistic"
The model of so-called “stakeholder capitalism,” a contradiction in terms, is fast replacing the model of shareholder capitalism (a redundancy). The stakeholder model entails scores of pressure groups (including politicians and regulators) dictating what corporations must do, especially if the doing is less rational, less profitable, and averse to shareholders’ goals. A related designation, “ESG,” is a budding American version of China’s Social Credit System. Whereas capitalism entails both private ownership and control of the means of production, fascism entails private ownership but public control; the latter is the essence of stakeholder-ism.
For additional information and in preparation for the event, please review the ABSTRACT which includes links to recommended reading.
Those interested can Register/RSVP HERE.