Politicizing Business: From CSR to ESG
CSR and ESG are nothing but dressed up protection money schemes. Commercial companies should not be responsible to build a civil society. They shall comply with rules and regulations, and they should have a legal department for that. But whatever the imagined failings of a society may be or not should not concern them. There is an army of useless bureaucrats that make great money by selling indulgences. They could not care less about the various causes they claim to represent. All they want is a piece of the pie before the pie even exists. And as these processes are very onerous, it’s only the largest companies that can afford such folly. This crushes the small businesses and contributes to a world even more dominated by big corporate.