In my book 'Society 4.0' (2021), I called global companies like BlackRock 'Corporate States', because they make laws and regulations just like 'Nation States'
It is increasingly claimed: the CEOs of multinationals and largest investment funds rule the world and not the 'democratically' elected political 'leaders'.
Those leaders only follow what has been whispered to them during the election campaigns and after financial donations. But how does that work in practice?
Immediately after his election as incoming US president in December 2020, Joe Biden announced that he would appoint two BlackRock directors to top positions within
the Fed board and within the Department of Economic Affairs.
BlackRock was and is one of the largest donors to the Democrats in the US. A review of the U.S. Open Secrets shows that the company gives 83 percent of its political donations
to the Democrats and only 17 percent to Trump's party.
On August 12, 2022, Bloomberg reports that Eric van Nostrand, former BlackRock director for sustainable investments, has been hired as a senior advisor within the U.S. Treasury Department.
His main task is to advise on the economic issues related to Russia and Ukraine and the climate transition.
On August 16, four days after Eric van Nostrand's appointment, Biden signed the Inflation Reduction Act (IRA); the largest investment program in U.S.
history ($369 billion) to achieve the 'green transition'. A programme similar to the European Green Deal.
In 2023, it was announced that Eric van Nostrand was one of the authors of that $369 billion US Green Deal plan.
The 369 billion dollars that was released by the US government then (partly) ended up in a special BlackRock fund: BlackRock Sustainable American Income Trust plc.
This fund focuses specifically on companies that earn money from the 'green transition' to climate neutrality and CO2 reduction.
In short; "Democracy" is only for the super-rich. How does this story have a specific impact on the Dutch economy and employment? See Indepen;
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