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The John Batchelor Show

"Preview: Author Charlie Gasparino, 'Go Woke Go Broke.' Comments of the unusual attention to ESG paid by the Davos VIPs these last years. More"

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 20 April 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

"Preview: Author Charlie Gasparino, 'Go Woke Go Broke.' Comments of the unusual attention to ESG paid by the Davos VIPs these last years. More"
1908 NYSE

Transcript

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0:00.0

This is John Batchel, a conversation with Charles Gasparino, the author of the new book,

0:05.9

Go Woke, Go Broke, which is a story of what Charlie correctly presents as the radicalization of the CEOs of America,

0:14.0

the S&P 500, and all the wannabes.

0:17.7

Here, I suggest that perhaps this started in the Human Resources Department and worked its

0:23.8

way through the corporation before the CEOs embraced it.

0:27.8

Charlie says no the other way around.

0:31.0

And then he describes Davos as group think and explains how it is that once the CEOs decided that ESG and DEI and the other

0:44.0

acronyms associated with woke capitalism were appropriate for their operation, everybody followed

0:50.6

everybody else. Here's Charlie Gasparino. Go broke is the new book. And this is what

0:57.1

happens at Davos with all the CEOs, the most powerful men and women in the world, taking notes

1:05.2

on how to play the ESG game along with others? More of this tonight.

1:11.6

Great question. I don't think so. I think it was embraced at the top and I think it got infused

1:17.5

into the corporate ecosystem at places like Davos and the UN began with it, with ESG,

1:24.3

environmental, social governance investing, DEI. And, you know, and these sort of, you know,

1:29.1

it's interesting, you know, CEOs are very, very, very much into group think. I mean, all these

1:35.0

guys, they all go to Davos. I mean, I've been to Davos. I mean, it literally is group think,

1:41.0

progressive group think on steroids. And, you you know they take notes and you know they do

1:46.8

what this guy does and they and their clients breathe the same air as they do and it becomes a sort of

1:53.2

you know it becomes this whole sort of you know you're all eating off the same plate so you're all

1:59.2

catching the same virus,

2:01.1

so to speak, if someone is sick.

2:04.2

And, you know, and I think that's kind of like where this thing started to populate.

...

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