Why are markets so high when the global outlook, trade and domestic politics look so vulnerable? Is it because investors perceive that corporates hold such power in the economy, they now set the agenda? What the global economy may need is a reset, but at present there are few signs the problem of power and wealth inequality will be reversed or addressed.
Every day we are reminded of injustice in the UK – the fight of postmasters against the Post Office, or haemophiliacs against the medical indifference are just the tip of an iceberg of a justice system loaded against the people. It’s only when it impacts directly do you realise just how lopsided UK planning has become. There is no social justice - just the jackboot of corporate greed being crushed into the face of humanity… forever.
ESG is getting a bad press these days, blamed for energy insecurity and much else wrong with the allocation of capital. It needs to be refined: ESG version 2.1 will be critical for addressing the massive threats arising from social injustice and income inequality.





