Submitted by helloworld_141 t3_yemqwz in nyc
bored_and_scrolling t1_iu0w2bt wrote
Reply to comment by mrdnp123 in BlackRock HQ in NYC stormed with pitchforks. by helloworld_141
They will ONLY do what makes their stakeholders money. you’re delusional if you think they’d do anything good for the world in lieu of profits. You’ll literally get booted from the board for that. On rare occasion those two things will coincide, what is good for the planet / public and what makes money but in the OVERWHELMING majority of situations what is good for the private profits of blackrock is NOT good for the public
Slight-Food-1151 t1_iu3xwj6 wrote
Well we are going to run out of oil so we have to move to renewables. What's good for the environment is also good for black rock in the long term. Wind, solar, and nuclear energy as well as electric cars are the future.
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