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Economy |
Woke Colossus 'Blackrock' Has Its Tentacles In Nearly Every US Company |
2025-08-29 |
[American Liberty] To blame a company for being partially owned by BlackRock is to mistake how modern capital markets function. BlackRock’s business model is built on exchange-traded funds. An ETF is designed to replicate a stock index by owning small shares of nearly every company in that index. This is not a matter of choice in the ordinary sense. If BlackRock manages a fund tracking the S&P 500, it must purchase and hold shares of every company in that index. That means BlackRock owns stock in roughly 85—90% of all public companies in the US, with average stakes of less than 10%. The companies have no say in the matter. They cannot reject BlackRock as a shareholder, nor can they prevent their shares from being included in index-tracking funds. Ownership in this sense is automatic, structural, and unavoidable. For this reason, when one learns that BlackRock owns shares of a given company, that fact alone says nothing about the virtue or vice of the company itself. The company is no more complicit in BlackRock’s ideology than a grocery store is responsible for the political beliefs of the shoppers who buy milk from its shelves. The company’s board and management do not invite BlackRock in. They simply exist in a marketplace where the largest asset manager in the world happens to be a nearly universal shareholder. Confusing this structural fact with moral culpability is a category mistake. The real issue lies elsewhere. BlackRock’s influence does not stem from controlling boards or directly managing companies. BlackRock does not, as a rule, take board seats. Its power comes from how it votes its shares. Even a 9% block can swing outcomes in a shareholder vote, particularly in a climate where many proposals hinge on slim margins. When BlackRock aligns its votes across thousands of companies, it can impose a sweeping ideological agenda across the entire economy. This is precisely how ESG, environmental, social, and governance mandates, have been injected into corporate America. The harm of ESG begins with the nature of the metrics themselves. ESG is not a neutral set of financial criteria. It reflects subjective judgments about environmental policies, social initiatives, and governance structures. A company might be penalized for producing affordable energy from fossil fuels, or for failing to meet arbitrary diversity quotas, regardless of whether those practices maximize shareholder value. This diverts resources from profitability into politically fashionable projects. Instead of focusing on innovation, efficiency, and customer service, companies are pressed to produce reports, hire consultants, and redesign operations to meet ESG targets. Related: BlackRock 08/03/2025 Media PSYOP 'Operation Mockingbird' Still Targeting Americans: Gabbard BlackRock 07/30/2025 Singapore says terror threat remains high, pointing to Gaza war and ‘radical narratives’ BlackRock 07/29/2025 China may gain greater control of Panama Canal after BlackRock deal misses deadline Related: ESG 08/07/2025 First practicing lesbian bishop elected as Archbishop of Wales - Christian Daily International ESG 06/13/2025 Longshot shareholder proposals bring fight over Israel to corporate boardroom ESG 04/30/2025 VDH - Trump's counterrevolution and first 100 days only the beginning |
Posted by:Besoeker |
#2 They could certainly short a stock knowing the timing and possible negative impact of a damaging ad campaign that they championed. If the stupid rebrands continue, somebody will be shorting. |
Posted by: Super Hose 2025-08-29 06:59 |
#1 Or, as they say on the street 'churning'. |
Posted by: Cesare 2025-08-29 05:52 |