ESG is an easy example of the kind of regulatory moat against competition that classical libertarian analysis routinely complains about.

> Civil rights also have been solidly co-opted by the oligarchic class. Both for reasons that the moral behavior and values of the elites are fairly advanced and they want to impose their values as the mainstream values down the throats of the more backward working class and because it is useful as it redirects energy from unionization and other forms of class struggle.

Worse than that - the elites actively hold luxury beliefs that cause damage at the lower rungs of society but the elites themselves don't quite behave by but which are useful to proclaim as signals of class allegiance and attaining status.

That said, it's been plainly shown that eg. the diversity push is in good part an anti-unionization ploy yet most of the left keeps supporting it.