Larry Fink, the CEO of BlackRock, appears to know that his attempt to run the American economy, and to inflict his personal preferences on society from company headquarters, are at very least too obvious. And so he has been retreating from his grandest claims, at least rhetorically. His confused explanations as he withdraws from the van of the march, however, have simply underscored how untenable his position remains, and how large is the gap between his assertions and the truth.
The 2021 version of his annual letter to American CEOs read as a royal decree, complete with instructions to those CEOs about how they were to understand American politics and society:
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