@bot @saagar @retr0id Ostensibly they represent the people who have invested in them. Individual investors, corporate retirement plans, traditional and Roth IRAs, etc.

And your response will be that if those people don't like how Vanguard and Blackrock pressure the companies they invest in to push globohomo, they should take their money out of Vanguard and Blackrock...Which is correct.

So I guess it's a free market after all, and everyone really is just okay with it. And yet something still seems terribly off about it all.