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This BlackRock left-wing conspiracy theory has more to it than meets the eye

Posted on AllSides June 13th, 2024
From The Left

Congressional Republicans alleged this week that a vast left-wing conspiracy in the machinery of corporate governance is pushing a progressive agenda.

A House Judiciary Committee report accused blue-state pension funds, climate nonprofits, global alliances, activist investors, and giant money managers including BlackRock and Vanguard, of forming an illegal cartel to force companies to cut their carbon emissions, set diversity quotas, and curb their political contributions.

It’s the latest jab in the fight over corporate boardrooms. A leftward shift in the mid-2010s, turbocharged by #MeToo and Black Lives Matter, receded under a conservative...

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