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b'After jumping into the abyss of indexation, we\\u2019re now smacking directly into BlackRock bottom. The world\\u2019s largest asset, which oversees $8.67 trillion, has grown at an unimaginable scale and pace\\u2014thanks in no small part to their fintech platform Aladdin on which sits at least $21.6 trillion from major clients. Those are astronomical numbers, but this episode brings their impacts down to earth. We discuss this monstrosity of finance, how BlackRock\\u2019s big black box is consuming the world\\u2019s wealth, and the plans of its CEO, Larry Fink, to solve climate change while making a hefty profit in the process.\\n\\nSome stuff we reference:\\n\\u2022 Is BlackRock the New Vampire Squid? by Kate Aronoff https://newrepublic.com/article/158263/blackrock-climate-change-fossil-fuel-investments \\n\\u2022 BlackRock\\u2019s Black Box: The Technology Hub of Modern Finance by Richard Henderson and Owen Walker https://www.ft.com/content/5ba6f40e-4e4d-11ea-95a0-43d18ec715f5 \\n\\u2022 Larry Fink Letter to CEOs 2021 https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter \\n\\nSubscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills \\n\\nHosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl).'