Patreon Preview 217. How ESG Investing is Making Capitalism Sustainable

Published: Dec. 19, 2022, 1:32 a.m.

b'We continue our analysis of all things green by looking deeper at the operations of a core mechanism directing cash flows into sustainable investments: ESG. What is ESG? How does it work? You think you know? You assume you understand it? Does the acronym stand for environmental and social governance? Or does it actually stand for environment, social, and governance? Would you believe that the placement of \\u201cand\\u201d makes all the difference? If there is confusion about the very acronym, then what other things are not what they seem with these ESG metrics, ratings, and indexes? You\\u2019ve confronted cynicism? Not like this you haven\\u2019t.\\n\\nStuff we reference:\\n\\u2022\\u2022\\u2022 The ESG Mirage https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-on-corporate-bottom-line/ \\n\\u2022\\u2022\\u2022 The Wall Street Consensus at COP27 | Daniela Gabor https://www.phenomenalworld.org/analysis/the-wall-street-consensus-at-cop27/\\n\\u2022\\u2022\\u2022 Neoliberalizing Space | Jamie Peck, Adam Tickell http://overgaardtonnesen.dk/TEKSTERNE/03-Peck-Tickell-Neoliberalizing-Space.pdf \\n\\u2022\\u2022\\u2022 Fossilised Capital: Price and Profit in the Energy Transition | Brett Christophers https://www.tandfonline.com/doi/full/10.1080/13563467.2021.1926957 \\n\\nSubscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills \\n\\nGrab TMK gear: https://www.bonfire.com/store/this-machine-kills-podcast/ \\n\\nHosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)'