ESG is an enduring social contract ...Middle East

This election season, Republicans have made the corporate adoption of Environmental, Social, and Governance (ESG) principles one of their flagship issues. It is a major talking point for presidential candidates and the topic of Congressional hearings. As presidential candidate Vivek Ramaswamy put it, “Society created companies to provide goods and services that consumers want, not to push social values.”  Ramaswamy and his peers in the GOP make two claims about the origins of corporations, both false: first, that they were created to facilitate economic production, and second, that they are now being dragged, unfairly, into politics. The actual history of corporations shows just th

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