Thread by @ConceptualJames

In addition to ESG and Natural Asset Companies, it looks like the Masters of the Universe are redefining financial risk to include environmental "Nature-related" risk (attempting to usurp and actualize a solution to Marx's problem of metabolic rift), too:
archive.is/89Jmo

Here's how it works. Sighhhh.
In basic financial theory, the objective of investing is simple: you put $1 away today to get more than $1 back in the future. Most investments have risk (the potential of loss) so the more risk you take, the higher the return you should expect.

Corporations are expected to maximize returns for shareholders while adjusted for risk (and generally to minimize risk). That's why the CEO of McDonalds can't go to Las Vegas and bet the company funds on a roulette table. The expected return is negative. It's not responsible.

However, if you redefine risk from financial risk to "Nature-related risk," then ESG corps can say, "we're trying to minimize long-term climate risks for our shareholders, look at this new nature-related risk accounting framework adopted by all these financial institutions!"

So it allows them to cook up bogus models rooted in Marxist "metabolic theory" about a "Sustainable" relationship w/ Nature and natural resource consumption (Degrowth Distributism in a circular economy, aka death spiral) to avoid any legal accusations of violating fiduciary duty.

This is ultimately what the E in ESG was meant to accomplish before ESG got itself rekt (by being exposed), but it's far more powerful. The (fake) idea of ESG is that good ESG (here, E) policy will lead to longer-term profits, which was always a lie. The real point is power.

Under the power of ESG, corporations could be forced to adopt "Green" (grift) policies or even drive themselves towards extinction, like the fossil fuels, shipping, aviation, travel, and tourism industries are expected to do. It's all about forcing the "Green New Deal"+++.

Well, ESG is technically still happening but exposed and busted, and its central lie about fiduciary responsibility is just laying naked on the floor and triggering lawsuits. This crap here is a new way around that and out of all that legal hot water. Look again at who's playing.

The Green New Deal was always a farce in this direction too, a way to heat the water a little and float a trial balloon at the same time. In Marxy language, the Green New Deal is a modern ecosocialist Gotha Program. Marx very famously shredded that for being a fake half-measure.

The real thing for Marx was real, transcendent Communism. The real thing for these goons is Degrowth Communism (more accurately, Degrowth Distributism by a Stakeholder Council through Corporate Subsidiarity organized around Equity, Sustainable, and Inclusion), a new feudalism.

Nature-related Financial Disclosures are a huge step in implementating this 21st c. Communist scam, extending and increasing the power of ESG and enabling legal architecture for Natural Asset Companies. These obviously have to be ruined too. We're seeing how they're doing it now.