The ideological clash about how much control government should have over private companies was encapsulated yesterday in two Wall Street Journal op-ed pieces that many readers might find surprisingly contradictory. The first, written by Senate Majority Leader Chuck Schumer (D-N.Y.), rails against government intervention in corporate affairs; the second, by Republican Florida Gov. Ron DeSantis, justifies his anti-corporate actions.
These two pieces succinctly capture the tug of war between political parties over how to respond to the rising influence of the environmental, social and governance (ESG) ideology among the world’s largest corporations today. And they appear, on the surface at least, to mark a dramatic shift in the views of both conservatives and progressives regarding how far government should intervene into the affairs of private companies….}