Vivek Ramaswamy: ESG Is America’s Biggest Threat to Capitalism and Democracy



Vivek Ramaswamy, founder and executive chairman of Strive Asset Management, joins CNBC’s ‘Squawk Box’ to discuss the launch of Strive’s flagship index fund, ‘anti-woke’ investing: “Over the last decade what we have seen is large asset managers have mandated U.S. energy companies to produce less oil, to produce less natural gas. And what that has led to is a generational energy crisis, a massive supply-demand imbalance in the United States and around the world for fossil fuels. Now the good news is, U.S. energy companies can actually capture that opportunity, but they can only do it if they are liberated from these ESG mandates and these ESG constraints.”