At G.S.K, we believe that prevention is the best medicine. Prevention is pioneering new medicines to reduce

HIV transmission, applying decades of experience and asthma control to limit long-term lung damage or stopping chronic

conditions from progressing to more serious complications because preventing disease

is the best possible outcome for all of us and is why GSK unite science, technology and talent to get ahead of

disease together. Visit gSK. I'm John Bachelor. I welcome Professor

Professor Richard Epstein, a senior fellow at the Hoover Institution, teaches law at

NYU, and the University of Chicago,

writing most recently defining ideas about a very large story being told on Wall Street

these last years that has puzzled me. It's called ESG,

environmental, social, and governance, a form of investing that has been

successful and increasingly dominates the conversation on Wall Street.

On the Wall Street hitting new highs all the time during the pandemic, I go to one particular

part of EST that translates into legislation proposed in the

United States Congress. This is Elizabeth Warren, senator from Massachusetts,

senior senator, her Accountability Capitalism Act.

I read the high points.

Very large American corporations must obtain a federal charter as, quote, a United States

corporation which obligates company directors to consider the

interests of all corporate stakeholders.

Two, the boards of United States corporations must include substantial employee participation.

Three, sales of companies shares by directors and officers of United States corporations are restricted.

Four, United States corporations must obtain shareholder and board approval for all political

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