Carol Sakey
Global Economy

MULTISTAKEHOLDER CAPITALIST CORPORPARATIONS HAVE FAILED BEFORE

And Stakeholder Capitalism is likely to fail again.

Klaus Schwab founder and executive chairman of the World Economic Forum says “We should seize this moment to ensure that stakeholder capitalism remains the new dominant model.”

The massive shift, transition to enter a new decade is now finding that big businesses, corporations are under attack. They have been caught single mindedly shovelling money to its shareholders , corporations, CEOs. This is all done at the expense of customers, employees, the environment and society as a whole. World Economic Forum Stakeholder Capitalism  is everywhere., it’s the mantra of the Business Round Table that was announced in 2019 by almost 200 CEOs of the largest corporations in the world.

Stakeholder capitalism is not a new idea, it was launched by the 1932 management classic ‘The Modern Corporation and Private Property’ Author Adolf A Berle and Gardiner C Means. The idea being that public firms should have professional managers would balance the claims of stakeholders, taking into account public policy, for the next 40years this was the general approach of big business in the US. Over the years following this led mass confusion and conflicting claims among stakeholders consequently this became known as the ‘garbage can organizations’. In the 20th century big business, corporations attempt to implement stakeholder capitalism seemed likely to fail.

Cynics have concluded that stakeholder capitalism is nothing more an elaborate public relations stunt espoused by big business to get through the current PR crisis. They say  they say “business will go on doing what it has done since time immemorial: making money for itself”. That the attraction of stakeholder capitalism does not commit business to do anything particular.. Big business, corporations will just go on shovelling money to their shareholders and CEOs while maintaining a public front of social and environmental sensitivity.

Big business must ultimately pay some attention to all the stakeholders, including shareholders. If big business systematically short change stakeholders other than shareholders The stock market may soar in the short term only but the decade long diversion of business income to shareholders will result in staggering incomes for most of the population. Hence inequality consequently increases, populist leaders will emerge and the political consensus will unravel.

One must ask, how did the world end up in this mess? Big business, corporations in political hot water well its because big business, corporations, CEO’s and Philanthropists such as Bill Gates, their sole purpose is to make money for themselves and shareholders.

The New York Times article September 1970 by the future winner of the Nobel Prize in Economics,  Milton Friedman in response to the confusions of stakeholder capitalism  said “Any business executives who pursued a goal other than making money were unwitting  puppets of the intellectual forces that have been undermining the basis of a free society these past decades.

When the firm prioritizes shareholder value above all the other stakeholders, customers, employees, suppliers, society tend to get short changed”

Stakeholder capitalism is an unacceptable form of institutionalized selfishness that breeds on itself.

Each individual act of selfishness leads to another, yet this steadily gained momentum, by the end of the 20th century it had become the gospel of business. Whilst delivering, transferring of assets to the existing owners of shares this does not deliver or benefit the rest of society. It’s a toxic mix of soaring short term corporate profits, astronomical CEO income that had led to median incomes, growing inequality, periodic massive financial crashes, slowing productivity and a widening distrust of large businesses, corporations all for short term corporation profits. In May 2019, the Republican-led Senate Committee on Small Business and Entrepreneurship, faulted CEOs for focusing too much on the next quarter and not enough on the next generation: “Many business leaders,” said the committee chair, Senator Marco Rubio, “seem to care more about returns for shareholders than the people who work for them.”

In 2019 stakeholder capitalism began to dominate political conversation, corporate leaders began to feel under threat grasped for alternatives. It was June 13th 2019 that the World Economic Forum signed an official partnership agreement with the United Nations, became the favoured ‘whisperers in the ear’ of the UN agencies. This surely was a massive non democratic, human rights breech. The collaboration of a global one world public-private corporate governance, where International laws, regulations, agreements etc., would be influenced by the UN partnership with WEF Multi-stakeholder corporations.

Corporations, large businesses with their Dilbert-Style Managers, an absence of clear priorities among stakeholders, CEOs. Unclear in their minds which priorities they should be pursing hence one result was the Dilbert style of management. The famous Harvard Business Review article in 1977: Abraham Zaleznik’s “Managers and Leaders Are They Different?” This article has been published many times.

Firstly the manager focuses attention on procedure not on substance and then focuses how decisions are made, not the decisions to make. The manager is working in a setting where the goals of the organization are neither clear or perceived worthwhile. This is a hierarchical structure, precise role definitions, elaborate rules and procedures that often conflict with managers.

Secondly the manager communicates to subordinates indirectly by “signals”, rather than clearly stating a position. The traditional rule-driven bureaucracy requires both managers and workers to leave their personal views and attitudes behind in the entry lobby, before they enter the workplace. In this world the managers personal  views are irrelevant, the only safe way to communicate is to deploy indirect signals which obscures who wins and who loses. Its not what the manager believes that matters, but what the system requires between different senior managers where managers have no way of knowing what the right answer is.

Hence they play for time waiting for the dust to settle this is a way of always being. On the winning side. These are routines that are played out, up and down the hierarchy. Helps the middle manager to survive and the corporation to make a nice wealthy fortune, this is played out on a daily basis in Corporations, large organizations worldwide.(The Dilbertian Practice). T

3.In announcing the Davos Manifesto 2020, the chair of the World Economic Form, Klaus Schwab argued that there were only three alternatives: shareholder capitalism, state capitalism and stakeholder capitalism. Both shareholder capitalism and state capitalism are now both political poison. So, Schwab argues, the only alternative is stakeholder capitalism.

In opting for stakeholder capitalism, Schwab missed a better option, which is tried and true ‘the free-market enterprise economy’ just what he has always been obsessed with destroying globally, however the United Nations and the World Economic Forum are now together obsessively promoting, accelerating Multistakeholder Corporate Capitalism to be entrenched in all UN Member Nations.

NZ GOVERNMENT PLANS: Iwi/Moari -Co-Governance. Corporate Capture of NZ, Vision 2040-Entrenchment of UNDRIP in NZ. Ramping up Hate Speech, Mass Surveillance, Iwi Constitution, A huge transition to Stakeholder Capitalism but firstly the destruction of the Free Market Economy

The UNDRIP promotes, favours Iwi Elite. Public-Private Corporate Partnerships. The Iwi Elite being the driving force- the driver of this Public Private Partnership vehicle, the NZ Government is the back seat passenger and the public of New Zealand are the roadkill.   Cultural Marxism is a huge problem that exists behind the closed doors of Parliament and this most be exposed. For what it is then Stakeholder Capitalism will fail. We must promote the Free Market economy in NZ

NOTE: The same applies to Iwi Elite Corporations as I have explained above. Short lived self interested profitable wealth. As a trade off Iwi Elite advances the power of the governments Marxist Socialist ideology. A care less attitude towards New Zealand citizens. A huge Democratic deficit.  The truth is out there and I pray the truth will set us all free from this godless selfish evil doing. .

https://www.forbes.com/sites/stevedenning/2020/01/05/why-stakeholder-capitalism-will-fail/?sh=6a4a3b9b785a

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PROGRESSIVE ‘ECO-CHURCHES’ AND THE WORSHIP OF PAGANISM

Gaia Goddess-(Mother Earth) teaches that an “Earth spirit”, goddess, or planetary brain must be protected.  It is this belief that fuels the environmental movement, sustainable development, and a global push for the return of industrialized nations to a more primitive way of life.

, Gaia has named Christianity as the obstacle to human evolution and our spiritual destiny.  A document mandated by the U.N.-sponsored Convention on Biological Diversity, the Global Biodiversity Assessment, explicitly refers to Christianity as a faith that has set humans apart from nature and stripped nature of its sacred qualities.

The UN condemning Christianity as the root of all ecological evil, the document goes on to praise Buddhism and Hinduism as they “did not depart as drastically from the perspective of humans as members of a community of beings including other living and non-living elements”.  Non-Christian religions are definitely favored by the global government as good stewards of Mother Earth.

Members of this “Green Religion” will all agree that the Earth is in a crisis state and this ecological emergency is the result of Christian traditions. Thus Progressive churches, Eco Churches worldwide, as well as in New Zealand are bastardizing Christianity

At the core of all environmental Eco-Socialist Marxist legislatgions, policies lives Gaia, Greek Goddess- Mother Earth. Why are Indigenous Peoples worldwide being used to be the leaders, voices of action for these Global Elitists? For more information please  CLICK ON THE LINK TO MORE INDEPTH INFORMATION IN THE ABOVE IMAGE THIS WILL LINK YOU TO MY RUMBLE VIDEO.

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‘SUSTAINABILITY’ ECO-SOCIALISM, MARXISM, COMMUNISM

‘Sustainability’ is a massive greening washing marketing plan to destroy  Free-market enterprise worldwide, to replace it with Multistakeholder Capitalism.

Referencing Klaus Schwab founder of the World Economic Forum who now sits on a very important seat at the UN, his very words were “ We should seize this moment to ensure that stakeholder capitalism remains the dominant model”

This plan has been in the making for many years now just waiting for the narrow window of opportunity “we must act now”. The Global Pandemic equals the goose that laid the golden egg.  Without a global crisis that would destroy the free-market economy the UN/WEF plan would never succeed “Never let a good crisis go to waste’

A humongous crisis with multiple massive opportunities for those Multistakeholder Corporations. .”Follow the money, always follow the money. And remember the puppets that promoted this massive global corruption.  Klaus Schwab’s puppet namely Ardern, Macron, Trudeau, Putin, yes even Putin that’s just to name a few, many more rank in high powered positions

Populations worldwide are not being controlled by a global Chinese social credit system of rewards and punishments.. comply, don’t comply you will still lose your freedom to choose.
ESG scoring has taken off worldwide, another credit scoring system for businesses.

E – Environmental, S-Societal and G – Governance  of People, Planet for Profit – Massive profits for the most wealthiest approximately 0.1% of billions on this planet.

NOTE: FOR THE LINK TO MY VIDEO FOR FURTHER INFORMATION INFORMATION PERTAINING TO THIS BLOG PLEASE CLICK THE ARROW IN THE IMAGE ABOVE.

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LITTLE BO-PEEP IS BUSY LEADING HER SHEEP

Yes Little Bo-peep is busy leading her sheep and the rest of the political cronies in the toilet bowl of Wellington are fast asleep.

As the geopolitical crisis hits us globally, of course like any crisis whether national or global the old saying goes “Never let a good crisis go to waste”, and Ardern is right on the ball with that one.

Man Made Global Warming – NO.  Man made crisis – YES. In times of crisis and war, civilians suffer and die and the global elite keep playing their games with our lives. They don’t go hungry, or can’t afford food, petrol and rent.  They continue on their missions whilst many citizens worldwide find their missions, just simple missions like trying to budget their food bill almost impossible.

Now there are many concerns about the increased cost of petrol at the pump, the rising cost of food and services.  But, what about fuel, gas I ask?  What if New Zealand is entirely cut off?  We are reliant on overseas stocks of fuel, gas… what happens then?

 

PLEASE FO TO THE IMAGE ABOVE AND CLICK ON THE LINK TO MY VIDEO ON THIS SUBJECT. Thank You  Carol Sakey

 

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FOR THE GLOBAL CORPORATE ELITE GREEN BECOMES GOLD

In 2013 The United States Navy predicted  a summer ice free  Artic by 2016. The US Department of Energy backed research was led by US Navy Scientists. They reported that the Artic could lose all its summer  sea ice as early as 2016.  The project, based out of the US Naval Postgraduate School’s Dept of Oceanography, they used complex modelling techniques that make projections more accurate than others.  (Source of information was acquired from The Guardian December 9th 2013. )

2008 Al Gore warns of Ice Free Artic by 2013. He predicted the North Polar Ice Cap would be completely ice free in five years. Gore made the prediction on German TV at the COP15 Climate Conference.  (Source of information Assosiated Press June 24th 2008)

Al Gore said at the UN Climate Conference in Copenhagen the Artic Ocean may be nearly ice free in summer 2014 (Source of information ‘USA Today’ 2009)

20th October 2009 Gordon Brown ex Prime Minister of England reported “We have few than 50days to save our planet from catastrophe” (Source of information The Independent 20th October 2009 )

In 2009 Prince Charles says only 8 years to save the planet, Prince Charles is a key main player of the World Economic Forum that represents Wealthy Multistakeholder Corporations. (Source of Information Environ>Green Living by Robert Verkaik 9th July 2009 )

2004 The Pentagon tells Bush “Climate Change will destroy us” he added “Britain will be Siberia in less than twenty years”  A secret report, suppressed by US Defence chiefs and obtained by The Observer warns that major European cities will be sunk beneath rising seas as Britain plunged into a Siberian climate by 2020.

The Ford Motor Company dumped more than 35,000 tons of toxic paint sludge onto lands occupied  by tribal clan, poisoning ground water with arsenic, lead and other harmful chemicals.   43 Years later after the dumping ended those toxins are still in the ground water and threaten the reservoir that provides drinking water to millions of residents.  Ziad S. Ojakli was a Ford Motor Company group vice president of … In 2006, Ojakli was named a delegate to the World Economic Forum’s Young Global Leaders. https://publicintegrity.org/environment/industrial-waste-pollutes-americas-drinking-water/

Pharmaceutical plants are often incapable of filtering out all the chemical compounds used in their manufacturing process and as such, the chemicals will seep into the surrounding freshwater systems and eventually into the oceans, lakes, streams, and rivers.

US Geological Survey study revealed contamination levels downstream from two drug manufacturing plants in the state of New York, which were between ten and 1,000 times higher than those at comparable facilities in the country.  (So for looking after the rivers and streams, environment)

Environment and renewable energy, wind energy for example:- Unpredictable, cannot be produced consistently.  Threat to wild life through the turbines.  Noise. Not that nice to look at and there are location limitations. (Noise and Visual pollution)

Carbon Taxes in New Zealand and  across the world will rise significantly so. Further increasing energy costs. In 2020 Arderndeclared a climate emergency thus committing to urgent action to reduce emissions. In 2019 NZ Govt passed the Zero Carbon Act which aims to reduce cardon to net zero.

Ardern has warned NZ Farmers to cut carbon emissions, has given them till this year to make changes, if they do not the NZ Government un der Ardern’s watch has threatened farmers who are already going through very tough times to make them pay higher taxes as part of the plan to achieve Zero Carbons by 2050.

I am not a scientist, or a climatologist but this climate alarmism looks very suspect to me.. I tend to think of it as another fear mongering torture that will seriously effect small businesses and the farming community. More about the ‘New Normal’, the re-engineering of society, human behaviour.

As for Eco Churches and Zero Carbons by 2030 is concerned of course Entertainers, those we trust, church leaders will be top of the list to indocrinate their communities. The World Health Org., (UN) Report advised publicising of COVID19 Vaccines to take place in the community by people the public trust, naming church leaders and entertainers.

NOTE: PLEASE GO TO THE IMAGE ABOVE AND CLICK ON THE LINK WHICH WILL TAKE YOU TO MY RUMBLE VIDEO ON THIS SUBJECT MATTER.

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