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Judged by BlackRock CEO Larry Fink’s latest letter, January 2022 might turn out to be the highwater mark of woke capitalism. Stakeholder capitalism is not “woke,” Fink says, because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders. He’s right. What Fink describes is capitalism pure and simple, the stakeholder modifier adding nothing to the uniqueness of capitalism in harnessing competition and innovation for the benefit of all.

  • Updated

HARRISBURG – As the public comment period on the Delaware River Basin Commission’s latest round of anti-fracking regulations winds down, I’m reminded of how hollow the rhetoric on this issue has become in recent years.

Two distinct visions for oil and gas cleave largely along party lines, with calls from the left to phase out oil and gas seeming to contradict right-wing plans to build around the fuels.