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Larry Fink’s latest annual letter — breathlessly dissected by credulous scribes — doubles down on stakeholder capitalism and improving treatment of labor while omittingh one key stakeholder: labor unions. My book, DAVOS MAN, digs into this.

BlackRock's Larry Fink said stakeholder capitalism isn’t about politics, nor is it woke, but is about delivering long-term returns for investors.

BlackRock CEO Larry Fink says stakeholder capitalism isn't "woke." @flacqua  and @EdVanDerWalt  discuss

‘All companies should ask themselves – what is the purpose of their existence?’ @stholsether ., President and CEO of @yara  , on the shift from shareholder to stakeholder capitalism. Watch the full session here: #DavosAgenda 

How Naomi Klein’s This Changes Everything: Capitalism vs the Climate altered an environmental educator’s thinking

"It is capitalism." BlackRock CEO Larry Fink defends the need to do more about climate change because it's simply good business. More from @juliakhorowitz  in today's @CNNBusiness  Before the Bell newsletter. $BLK

Our Chairman and CEO, Larry Fink, joins the Bid#podcast  to discuss his annual letter to CEOs and why companies should focus on stakeholder capitalism to help create long-term value for their shareholders. Listen:

BlackRock CEO Larry Fink launches Center for Stakeholder Capitalism, says it’s not ‘woke’

BlackRock CEO Larry Fink rejected criticisms that responsible stakeholder capitalism is “woke”, but also backed natural gas as an energy source. It risks leaving him in a sort of ideological no man’s land, but that’s a lucrative place to be, says @Unmack1 

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Every time Elon Musk pokes fun at government assistance for the 99%, remember that he would be worth nothing without $4.9 billion in corporate welfare. Oh, Elon just l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

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When I graduated college in 1968, the typical corporate CEO got 20 times the pay of the average worker. When I became labor secretary in 1993, the ratio was 61-to-1. Today, the ratio is 320-to-1. Capitalism is off the rails.

Josh, let me explain Capitalism to you. Sometimes people decide not to do business with you. It's their decision. You know the whole "No Shoes, No Shirt, No Service" thing ? In your case it happens to be "No Principles, No Honesty, No Book" thing. Feel free to Self-Publish

Yes. Trump's not alone. Federal income taxes paid by corporations a year after his tax plan was signed into law: $0: Amazon $0: GM $0: Netflix $0: Chevron $0: FedEx $0: Eli Lilly $0: Starbucks Dr. King was right. We have socialism for the rich, rugged capitalism for the rest.

Shock of shocks! Donald Trump, the self-proclaimed billionaire, received a $72.9 million tax refund from the IRS while not paying a nickel in federal income taxes in 10 out of 15 years. Yep. Trump l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

The coronavirus stimulus package carved out $135,000,000,000 in tax breaks for millionaires. That's *three times* as much money as was included for emergency housing and food relief. When I say we have socialism for the rich, harsh capitalism for the rest, this is what I mean.

Unfettered capitalism is Jeff Bezos making $8,961,187 per hour but refusing to provide paid sick leave for all of his employees.

Unfettered capitalism is Jeff Bezos growing his net worth by $13,000,000,000 in a single day, and still refusing to provide paid sick leave for all of his employees.

Unfettered capitalism is Jeff Bezos making $8,961,187 per hour but refusing to pay his workers if they get sick and decide to take time off.

Unfettered capitalism is Jeff Bezos growing his fortune by $24,000,000,000 during this pandemic, and still refusing to provide paid sick leave for all of his employees.

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