Woke Capitalism

What to think about capitalists preaching durability? Black Rock's Larry Fink shocked quite some of his colleagues with his letter The Power of Capitalism . A quote:

> We focus on sustainability not because we're environmentalists, but because we are capitalists and fiduciaries to our clients.

An interesting signal in this regard is the Benefit Corporation , existing now for quite some years but spreading over the world. **Boundaries** between the alternative movement, ecologists, the left on the one hand and "capitalists" on the other hand could be shifting.**Identities** could be in flux as well as the meaning of being "an entrepreneur" gets new dimensions.

TAGS: CAPITALISM ECOLOGY CLIMATE_CHANGE