2 Comments

    1. A recent trend in investing is to demand that, beyond profit, an
      investment portfolio adhere to certain ethical criteria. For example,
      a portfolio can be made to divest from companies that are permissive
      to global warming, sexism, bigotry, etc. One popular criteria for this
      kind of investing is ‘ESG’ which stands for ‘Environmental, Social,
      Governance’. ESG funds are promoted by some of the largest fund
      managers, including Blackrock, which offer these types of portfolios
      and even outside of them has used its clout to force companies into
      aligning with these criteria.

      One would intuitively expect that ESG criteria would include avoiding
      companies associated with war crimes. In fact, one ratings agency,
      called Morningstar, has apparently tried incorporating this into their
      ESG ratings, including marking companies associated with West Bank
      settlements. This would be huge for supporters of Palestine, because
      some of the largest funds in the world would automatically start
      divesting. However, by going against Israel Morningstar is breaking
      ‘the rule’ which is that Israel gets an exception in every case.

      The story linked describes lawfare waged by the ADL against
      Morningstar until they gave an exemption to companies associated with
      Israel. In this way Israel is given an exception, everyone else has to
      follow ethical rules but they don’t. This is part of a larger
      conspiracy by the ADL to exempt Israel from all institutional
      scrutiny, which it considers antisemitic. The ultimate goal is to get
      every watchdog institution to not only look the other way when Israel
      or its supporters commits a crime, but to explicitly condemn as
      unethical any criticism of Israel. I reiterate that this is happening
      at the institution level, and comes with institutions’ heavy weight
      and ability to really punish dissidents. We must fight back or else
      submit to a completely dystopian future.

      Come to the ‘Altmedia’ sub if you want more of this content.

    2. Oy vey, all animals are equal but some are more equal than others! And Israel is the most equal of all!

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