Who keeps ordering the big companies to keep on going woke and broke?

[unite for individuality]

We keep seeing major corporations drive millions of customers away
with "woke" policies and actions.
It's even become a cliche - "Go woke, go broke!"
And yet, the major corporations KEEP ON making this same "mistake"!
From the standpoint of attracting customers, it's a very big mistake!
If it's such a "mistake" why do they keep doing it?
It's as if all the corporations are being directed to sacrifice customers and profits
for the sake of imposing a global social agenda!
So, who is giving these orders?
Who is commanding these corporations to keep on sacrificing customers and profits?
Here is a large piece of that picture:


From the website
https://blackrockvanguardwatch.com/

      quote

   Blackrock and/or Vanguard are among the three largest institutional investors
   for 505 out of 505 of the S&P 500. (100%)
   One or the other is the single largest institutional investor in 422 of these. (84%)


   Why is this important?
   While these two interwoven companies primarily manage money for others,
   "the Big Three do exert the voting rights attached to these shares.
   Therefore, they have to be perceived as de facto owners by corporate executives.

   These companies have, in fact, publicly declared that they seek to exert influence.
   William McNabb, chairman and CEO of Vanguard, said in 2015 that,
   'In the past, some have mistakenly assumed that our predominantly passive management style
   suggests a passive attitude with respect to corporate governance.
   Nothing could be further from the truth.'

   When we analysed the voting behaviour of the Big Three,
   we found that they coordinate it through centralised corporate governance departments.
   Hence, just three companies wield an enormous potential power over corporate America."
   (<source>, also <this>).
       https://theconversation.com/these-three-firms-own-corporate-america-77072
       https://www.cambridge.org/core/journals/business-and-politics/article/hidden-power-of-the-big-three-passive-index-funds-reconcentration-of-corporate-ownership-and-new-financial-risk/30AD689509AAD62F5B677E916C28C4B6

   In effect Vanguard and Blackrock forgo taking large fees
   in exchange for having enormous ability to exert power over the economy
   through influence on corporate boards and leadership.
   This power that is subject to little public awareness or accountability.
   This page gives a quick visual overview of it.

      /quote

The website   https://blackrockvanguardwatch.com/
has a complete list of all 505 companies included in the S&P 500 list,
along with the top five owners of each of those companies.

Here is a sample (the top 7 companies) of that list.
It include the company name, the category of business in which it engages,
the stock market value of the company,
the five top owners of that company,
and what percent of the company each of those top five owners owns.

(It is well known in business circles that, if you know what you're doing,
you can control a major corporation by owning just 3% of its stock.
That's what they call "the controlling share."
It's the share of the company that controls the company.
These investment companies are WAY above that threshhold!
So, there is NO DOUBT that these mutual funds, etc.
completely control ALL of the major corporations!)


Company         Industry                                          Market Capitalization
                                          Top 5 owners of the Company
                                 .
Apple            Information Technology                     $2.584 trillion             .
                                          Vanguard Group, Inc.                   (7.65%)
                                          Blackrock Inc.                             (6.22%)
                                          Berkshire Hathaway, Inc              (5.37%)
                                          State Street Corporation              (3.77%)
                                          FMR, LLC                                     (2.12%)

Microsoft         Information Technology                  $2.255 trillion             .
                                          Vanguard Group, Inc.                (8.13%)
                                          Blackrock Inc.                            (6.73%)
                                          State Street Corporation             (3.92%)
                                          FMR, LLC                                  (2.90%)
                                          Price (T.Rowe) Associates Inc      (2.56%)

Alphabet (Class C)      Communication Services      $1.933 trillion             .
(Google)                              Vanguard Group, Inc.                (6.64%)
                                          Blackrock Inc.                            (5.97%)
                                          Price (T.Rowe) Associates Inc      (4.37%)
                                          State Street Corporation             (3.33%)
                                          FMR, LLC                                  (2.51%)

Alphabet (Class A)      Communication Services      $1.927 trillion             .
(Google)                              Vanguard Group, Inc.                (7.56%)
                                          Blackrock Inc.                            (6.72%)
                                          FMR, LLC                                  (4.36%)
                                          State Street Corporation             (3.68%)
                                          Price (T.Rowe) Associates Inc      (2.37%)

Amazon         Consumer Discretionary                     $1.781 trillion             .
                                          Vanguard Group, Inc.                   (6.46%)
                                          Blackrock Inc.                            (5.44%)
                                          Price (T.Rowe) Associates Inc       (3.19%)
                                          State Street Corporation             (3.15%)
                                          FMR, LLC                                     (3.05%)

Facebook      Communication Services                     $1.076 trillion             .
                                          Vanguard Group, Inc.                   (7.65%)
                                          Blackrock Inc.                            (6.52%)
                                          FMR, LLC                                  (5.33%)
                                          Price (T.Rowe) Associates Inc       (4.25%)
                                          State Street Corporation             (3.87%)

Tesla         Consumer Discretionary                        $754 billion             .
                                          Vanguard Group, Inc.                   (5.95%)
                                          Blackrock Inc.                            (5.10%)
                                          Capital World Investors                (3.77%)
                                          State Street Corporation             (3.01%)
                                          Baillie Gifford and Company          (1.60%)

Berkshire Hathaway      Financials                           $633 billion             .
                                          Vanguard Group, Inc.                         (10.16%)
                                          Blackrock Inc.                                     (8.13%)
                                          State Street Corporation                      (5.92%)
                                          Bill & Melinda Gates Foundation Trust    (3.30%)
                                          Geode Capital Management, LLC          (2.21%)


The following is from - https://en.wikipedia.org/wiki/List_of_asset_management_firms

Here is a list of the top 20 investment fund companies in the world (as of 2022),
ranked by total assets under management (AUM):

Rank   Firm/company                     Country         AUM

1   BlackRock                              United States   $9.570 trillion 
2   Vanguard Group                     United States   8.100 
3   Fidelity Investments               United States   4.283 
4   UBS                                       Switzerland      4.380 
5   State Street Global Advisors   United States   4.020 
6   Morgan Stanley                     United States   3.230 
7   JPMorgan Chase                     United States   2.960 
8   Crédit Agricole                        France            2.875 
9   Allianz                                    Germany         2.760 
10   Capital Group                     United States      2.700 
11   Goldman Sachs                  United States      2.394 
12   BNY Mellon                        United States      2.266 
13   Amundi                              France               2.251 
14   PIMCO                              United States      2.000 
15   Legal & General               United Kingdom   1.866 
16   Edward Jones Investments   United States   1.700 
17   PGIM                                 United States   1.620 
18   Deutsche Bank                     Germany         1.615 
19   Bank of America                  United States   1.571 
20   Invesco                              United States   1.556 

[Weird Tolkienish Figure]

I think it's ESG ratings companies that exert the most influence.

[unite for individuality]

I think it's ESG ratings companies that exert the most influence.

Those ESG ratings are one tool that Vanguard, BlackRock, State Street, etc.
use to monitor how closely the corporations are obeying
their owners' commands to impose "woke" policies.

[christian]

George Soros, who also bragged he owns the Democrat party.  Which explains why the democrat party gladly represents foreigner interests and is loathe to represent American interests.  The globalist want a one government America like they one a one government world.  God warned the End Times desolation and destruction would be by MERCHANTS OF THE EARTH!  FORETOLD THOUSANDS OF YEARS AGO.