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The Corruption of Stakeholder Capitalism

  • February 19, 2024
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The New Discourses Podcast with James Lindsay, Episode 136

Stakeholder Capitalism is a scam. Though not particularly well-known outside of certain business circles, it is the model associated with Klaus Schwab and the World Economic Forum. Its basic form is this: the purpose of the company itself has to change, not to serve customers and generate profit for shareholders but instead to “serve all stakeholders.” Its mechanism is also unsurprising: ESG, Environmental, Social, and Governance scoring metrics for corporations. Unsurprisingly, its implementation is shockingly corrupt and filled with Marxist distortions. In this episode of the New Discourses Podcast, host James Lindsay goes through a short September 2020 Harvard Law School Forum on Corporate Governance document about corporate incentives packages for ESG and the stakeholder model together with and a crucial portion of Klaus Schwab’s 2022 book, The Great Narrative for a Better Future, to make clear just how corrupt and dangerous the ESG agenda and stakeholder capitalism truly are. Join him to see for yourself.


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6 comments
  1. Cameron A de Vries says:
    March 28, 2024 at 6:42 pm

    Distributism and Subsidiarity have meanings different from how you are using them here.

    If you haven’t read Belloc and Chesterton you might want to start here:
    https://distributistreview.com/archive/an-introduction-to-distributism?format=amp

    Reply
  2. D Thirteen says:
    February 21, 2024 at 8:44 am

    “autogentrification”

    Great coinage (creating or “coining” a new term). I’m stealing that one:

    The autogentrification of the Wokegeoisie is like the autofellatio of the phallic self-fetishist: short term ego gratification but long term soul rot.

    Reply
  3. D Thirteen says:
    February 21, 2024 at 8:26 am

    We really need to bring back powered wigs. After the Revolution of the Proles, Elite Swine condemned to death will be forced to wear 18th century white bouffant toupees in the tumbrels on their way to the gallows because a bewigged head looks much more aesthetically pleasant lying decapitated in a blood-soaked basket at the foot of the guillotine, n’est pas?

    Reply
    1. D Thirteen says:
      February 21, 2024 at 9:31 am

      Ha! What a Freudian slip I made — I typed “powered” wigs for powdered wigs! My subconscious (inner tragi-comedian) used a typing error to created a better coinage. Powered Wigs for Globalist Pigs!

      Reply
  4. D Thirteen says:
    February 19, 2024 at 6:28 pm

    Has anyone else ever noticed that Klawz “Anal” Schwab’s certifiably insane prag-boi, Noah You’all Harakiri, looks and sounds exactly like Bugs Bunny’s cartoon nemesis, Marvin the Martian? Identical pencil neck, peevish nerd voice and scrawny reptilian body. Perhaps both were spawned from the same fibrous husk. Klaw-Klaw and Harakiri are like characters from the 1965 low budget shlockarama horror movie “Die, Monster! Die!”. If only they would.

    Reply
    1. D Thirteen says:
      February 20, 2024 at 9:35 am

      “TOTALITARIANS can be defined by the way they force recognition of one’s existential flaws but have none themselves”

      Bullseye. THIS is the entire problem. This is what the Gnostic Metaphor represents: the most base (and common and perpetual) aspect of human nature (Gnostic Holy Trinity = Me, Myself and I). “I am superior because I have the special knowledge [gnosis = Jacobinism, Marxism, Fabianism, Wokeism, WEFism, etc.] and you don’t; therefore, people who are not as enlightened with the gnosis as I are inferior scum and will serve me. So suck my Lord-ass, you deplorable bitter clingers.”

      Despite having publicly written against religion (but never against God), I know nothing about these New Atheists you often refer to. I heard of Dawkins years ago and found him a pompous bore (a Chomsky lite). So I never read him or paid any attention. I read that someone named “Sam Harris” was also some New Atheist spokesboy but as soon as Islam was invited by elites to begin invading the West, I saw videos where Harris pooped his coward’s panties and started sucking Muslim ass with not a word of “atheism” directed at allah and his umma hordes. Just as I had presumed, this phoney-baloney New “Atheism” was nothing more than gnostic-leftist PR posturing designed to bash Christianity (out of spite), hate Jews (of course) and destroy the West for globalist socialism. All these Dawkinses and Harrises are nothing more than pop culture BernieBro galoot jerk off moneygrubbing snake oil con men with nothing to say of interest about anything other than their own egomania, media power, elite sucking up, and bank accounts.

      Organized Atheism is a public attempt to remove God (conscience) from the pursuit of politics for personal gain (Gnosticism) and total societal power (Totalitarianism).

      Individual Agnosticism is a personal attempt to remove politics (including religion) from a lifelong private reflection on the complexities of conscience (God) and the contradictions of human nature (Life).

      Agnosticism exists within the Human Mind. Atheism exists within the Body Politic. There is no connection between the two. Atheists persecute Agnostics (who are seen as apostates opposed to Atheism) along with Believers (for openly resisting the Atheists’ “gnosis”).

      It was ever thus. If there is a devil (literal or symbolic), his greatest achievement is the anti-human concept of Utopia, the psychopathic power goal of every Atheist, Totalitarian, neoMarxist-Socialist and Woke/WEFian. “We have the superior right to force inferior people to be ‘happy’ as we define it, even if we must torture and enslave them to do it (which we sadistically love doing). So down on all fours, proles, and eat those damn bugs!”

      Reply

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