Anson Frericks
👤 PersonAppearances Over Time
Podcast Appearances
Then we had this next issue, which was the George Floyd issue that pops up in May of 2020. And George Floyd, you know, George Floyd dies. And now the next existential crisis that every single company in the United States is looking to solve is systemic racism.
Then we had this next issue, which was the George Floyd issue that pops up in May of 2020. And George Floyd, you know, George Floyd dies. And now the next existential crisis that every single company in the United States is looking to solve is systemic racism.
Then we had this next issue, which was the George Floyd issue that pops up in May of 2020. And George Floyd, you know, George Floyd dies. And now the next existential crisis that every single company in the United States is looking to solve is systemic racism.
because their largest so-called shareholders in the black rock state streets vanguards of the world who had told them that now we want you focused on solving more of these stakeholder and societal issues we need you to now solve these issues i mean you went down the list i mean it was crazy after george floyd was was murdered you had 70 different companies in the united states here donated over 200 billion dollars to black lives matter in the united states that's like more than the gdp of portugal which is crazy in terms of the amount of money that was donated to these causes
because their largest so-called shareholders in the black rock state streets vanguards of the world who had told them that now we want you focused on solving more of these stakeholder and societal issues we need you to now solve these issues i mean you went down the list i mean it was crazy after george floyd was was murdered you had 70 different companies in the united states here donated over 200 billion dollars to black lives matter in the united states that's like more than the gdp of portugal which is crazy in terms of the amount of money that was donated to these causes
because their largest so-called shareholders in the black rock state streets vanguards of the world who had told them that now we want you focused on solving more of these stakeholder and societal issues we need you to now solve these issues i mean you went down the list i mean it was crazy after george floyd was was murdered you had 70 different companies in the united states here donated over 200 billion dollars to black lives matter in the united states that's like more than the gdp of portugal which is crazy in terms of the amount of money that was donated to these causes
And banking donations just wasn't enough. I mean, even Zuckerberg and Facebook at the time donated some eight-figure sum to it. But then when that summer Trump had the famous tweet about when the looting starts, the shooting starts, then everybody wanted him to now all of a sudden take Trump off of Facebook because it just wasn't enough just to donate. You actually had to silence folks as well.
And banking donations just wasn't enough. I mean, even Zuckerberg and Facebook at the time donated some eight-figure sum to it. But then when that summer Trump had the famous tweet about when the looting starts, the shooting starts, then everybody wanted him to now all of a sudden take Trump off of Facebook because it just wasn't enough just to donate. You actually had to silence folks as well.
And banking donations just wasn't enough. I mean, even Zuckerberg and Facebook at the time donated some eight-figure sum to it. But then when that summer Trump had the famous tweet about when the looting starts, the shooting starts, then everybody wanted him to now all of a sudden take Trump off of Facebook because it just wasn't enough just to donate. You actually had to silence folks as well.
On top of that, in 2020, 2021, you had the BlackRock's and State Street's, Vanguard's the world as well. Not only are they, this is where the big problem comes in, is because they are controlled, the largest percentage of companies in the United States, they have disproportionate power.
On top of that, in 2020, 2021, you had the BlackRock's and State Street's, Vanguard's the world as well. Not only are they, this is where the big problem comes in, is because they are controlled, the largest percentage of companies in the United States, they have disproportionate power.
On top of that, in 2020, 2021, you had the BlackRock's and State Street's, Vanguard's the world as well. Not only are they, this is where the big problem comes in, is because they are controlled, the largest percentage of companies in the United States, they have disproportionate power.
to advocate for policies at companies, and then most importantly, to vote for shareholder proposals at companies, where if you own $25,000 of stock in any company in the United States, you can put up what's known as a shareholder proposal that the so-called shareholders of the company, they can vote on.
to advocate for policies at companies, and then most importantly, to vote for shareholder proposals at companies, where if you own $25,000 of stock in any company in the United States, you can put up what's known as a shareholder proposal that the so-called shareholders of the company, they can vote on.
to advocate for policies at companies, and then most importantly, to vote for shareholder proposals at companies, where if you own $25,000 of stock in any company in the United States, you can put up what's known as a shareholder proposal that the so-called shareholders of the company, they can vote on.
And what was crazy is in 2020, 2021, you had a lot of these activists that because the purpose of this corporation had changed in the United States, away from shareholder value to this European stakeholder model, said, okay, now businesses, again, they have to maximize value for me.
And what was crazy is in 2020, 2021, you had a lot of these activists that because the purpose of this corporation had changed in the United States, away from shareholder value to this European stakeholder model, said, okay, now businesses, again, they have to maximize value for me.
And what was crazy is in 2020, 2021, you had a lot of these activists that because the purpose of this corporation had changed in the United States, away from shareholder value to this European stakeholder model, said, okay, now businesses, again, they have to maximize value for me.
So you saw there's a group called Color of Change, and it's a nonprofit group, and their mission is to stamp out systemic racism in the country. You know, okay, fine. Like, you know, you can do that, you're whatever.
So you saw there's a group called Color of Change, and it's a nonprofit group, and their mission is to stamp out systemic racism in the country. You know, okay, fine. Like, you know, you can do that, you're whatever.