The truth is, companies like BlackRock quickly amassed enormous power because of a low-cost business model that encouraged investors to take a passive role in saving for their retirement.
They are now using that influence to not only destroy the oil and gas industry, but to also change your personal behavior through initiatives that range from racial equity audits to promoting gender as a social construct and encouraging gun-free investments meant to “transform” that industry as well—using your dollars.
Original source can be found here.