Fun and GameStop

National Review's Daniel Tenreiro has been doing such good work on GameStop (see links below) that I was ...

Capital-Letter.png
BY ANDREW STUTTAFORD Image January 30, 2021
Capital-Letter-center.png
BY ANDREW STUTTAFORD January 30, 2021
hero

Fun and GameStop

National Review's Daniel Tenreiro has been doing such good work on GameStop (see links below) that I was going to ignore that particular dumpster fire and concentrate on the latest pronouncements by Larry Fink. Fink is the chairman and CEO of BlackRock, the largest asset manager in the world with $8.7 trillion under management. Fink is also an oligarch's oligarch, who is working hard to be a key figure in the corporatist America (where corporatism has, in effect, been updated by being redefined as "stakeholder capitalism," and then supplemented by "socially responsible" investment) that is currently being put together at a quite remarkable pace.

It is hard to bring the World Economic Forum ("Davos") into the discussion of the corporatist project without sounding more than a bit conspiracist. Nevertheless, the WEF's "Great Reset" is not a bad place to start. I wrote a bit about it hereand here.

As I noted in a post earlier this week, it is not an unambitious project:

The world must act jointly and swiftly to revamp all aspects of our ...   READ MORE

spacer

ADVERTISEMENT

NEW ON

Capital-Matters-center.png

Daniel Tenreiro

Why Robinhood Halted GameStop Trading

Reddit rallied around the brick-and-mortar retailer, but Robinhood wanted ...

Veronique de Rugy

LOL Story of the Day

Stephanie Taylor says Democrats should work to inform the American people of the wonders that the government has ...

Andrew Stuttaford

John Kerry, Davos, and the 'Great Reset'

Never let a (climate) 'crisis' go to ...

Robert VerBruggen

How McDonald's Responds to Minimum-Wage Hikes

Customers pay for minimum-wage hikes, not business ...

Michael Brendan Dougherty

The GameStop Squeeze Will End Badly

This feels like a silly season just before a ...

Marc Joffe

Getting State and Local Aid Right

Congress should use historical data, not future projections, to determine state and local assistance. ...

WHAT NR IS READING

The Case for Nationalism: How It Made Us Powerful, United, and Free

By Richard Lowry

“Makes an original and compelling case for nationalism . . . A fascinating, erudite—and much-needed—defense of a hallowed idea unfairly under current attack.” — Victor Davis Hanson

LEARN MORE
CapitalRecordAd-final1_BLUE_NONMEM.jpg

ADVERTISEMENT

 
 
 
Learn more about RevenueStripe...
national review

Follow Us & Share

19 West 44th Street, Suite 1701, New York, NY, 10036, USA
Your Preferences | Unsubscribe | Privacy
View this e-mail in your browser.

Commentaires

Posts les plus consultés de ce blog

Chris Ramsey can take the heat, but what would relegation for QPR mean for black managers in the Premier League?

The Complete App Toolkit For Your Next Budget Travel Adventure

How a team of innovators overcame the odds to create water from thin air