Digital Harvest: BlackRock, Vanguard, State Street – Shareholders in the Shadows

Digital Harvest: BlackRock, Vanguard, State Street – Shareholders in the Shadows

They don’t sell seeds. They don’t own tractors. They don’t run warehouses or ship grain. But BlackRock, Vanguard and State Street are among the most powerful actors in global agriculture. Together, these three asset managers control more than $26 trillion in assets—more than the GDP of the United States and India combined. They are shareholders …

The Return of Shameless Shareholder Capitalism - 3 Quarks Daily

Christopher Marquis at Project Syndicate: In 2019, the Business Roundtable, an association of the United States’ most powerful CEOs, won widespread praise by announcing its commitment to “stakeholder capitalism,” which delivers value not only to shareholders, but also to other affected actors, such as employees and communities. Now, however, the Business Roundtable has changed its tune: its April report, “The Need for Bold Proxy Process Reforms,…

Digital Harvest: BlackRock, Vanguard, State Street – Shareholders in the Shadows – altnews.org

by Kit Knightly, Off Guardian: They don’t sell seeds. They don’t own tractors. They don’t run warehouses or ship grain.