The Long-Term Negative Effects of ESG Will Be Catastrophic

In a sense, ESG is a novel and brilliant way to place private corporations under the yoke of government, writes Tom Czitron. Deemerwha studio/Shutterstock

Commentary

Environmental, social, and governance (ESG) has been a hotly debated topic over the last few years. The seemingly unquestioned march towards corporate utopia has met with resistance among those who oppose the idea that government oligarchs should dictate the affairs of private business firms. The long-term effects of the ESG movement are largely ignored by the mainstream.