There’s more of course since Blackrock owns the S & P 500 as an asset manager it also has an algorithm bot called Aladdin which oversees 20% of total GDP or something with Vanguard owning 7% of Blackrock and something street owning another 7% of the two. Basically owning ETF’s centralizes power to this assets manager which owns everything.
Here’s the video- https://m.youtube.com/watch?v=F-sJDPROwyU
Today I learned that black rock owns around 6 to 8% in the majority of big companies. Also investing into an S & P 500 doesn’t mean you own the stock, Blackrock does and also “votes.” where your stock goes. Blackrock is also quite involved with shareholder/chairholder meanings which have to do the bidding of the CEO who’s a Jew.
Because Blackrock is usually the biggest most organized shareholder of the company it directly steers the company and shareholders. It also stiffs competition- oligarch
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