Laurence Fink on stakeholder capitalism
From Larry Fink Says Stakeholder Capitalism Is the Way Forward · · David Rubenstein
“I believe stakeholder capitalism, which ESG is a part of, is a major component of how business leaders in their board are moving forward. And there's quite a bit of evidence of companies that are focusing on stakeholder capitalism, their employees, their clients, the communities where they're working, their shareholders are going to be the biggest beneficiary.”
On , Laurence Fink, Founder, Chief Executive Officer & Chairman at BlackRock Inc, spoke about stakeholder capitalism during Larry Fink Says Stakeholder Capitalism Is the Way Forward on David Rubenstein.
About Laurence Fink
Laurence Fink, chairman and CEO of BlackRock, has been active in public discussions on infrastructure, capital markets, and workforce development. At the Milken Institute Global Conference in May 2026, Fink stated that the United States is "short power," "short compute," and "short chips," and suggested that a new asset class of buying futures of compute may emerge. He also said there is "not an AI bubble" but rather supply shortages, and described having money in a bank account as "one of the worst financial decisions of a lifetime," advocating for more people to invest in capital markets. In April 2026, Fink said on CNBC that BlackRock raised $744 billion over the prior 12 months and described the firm as being "at the beginning of growing the global capital markets." In May 2026, Fink joined Texas Governor Greg Abbott in Waco to announce a $30 million investment from BlackRock's "Future Builders" initiative to train electricians and skilled trade workers. Fink said BlackRock manages $155 billion for Texans and called for "making capitalism work for more people," expressing concern that younger generations are questioning capitalism. During BlackRock's Q1 2026 earnings call, Fink said the firm is "partnering with governments and clients to help more people grow with their economies" and noted that private credit risk management infrastructure "has not kept pace," presenting an opportunity for BlackRock's Aladdin platform.