With $10 Trillion in Assets, BlackRock Has Set a New Benchmark for Corporate Power

At the end of last year, asset management firm BlackRock broke a new record: it surpassed $10 trillion in the assets it manages. To put that sum in context, it’s larger than the pre-pandemic GDP of Germany and Japan combined. Yet BlackRock isn’t the only behemoth asset manager in operation today. They’re followed closely by […]

This post was originally published on Jacobin.