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An Independent Archive · Established 2025

The Manifest Archive

By Jerry
Publication · Chapters

BlackRock

Who Owns BlackRock? The Banks Sold Out. The Index Funds Moved In.
№ 1

Who Owns BlackRock? The Banks Sold Out. The Index Funds Moved In.

BlackRock has no controlling shareholder. Its own client funds appear among its largest reported holders, and the rules governing how those shares are voted reveal a deeper question about who exercises power on behalf of investors.

Oct 10, 2026 23 min read
BlackRock: No Beneficial Ownership. Systemic Governance Capacity.
№ 2

BlackRock: No Beneficial Ownership. Systemic Governance Capacity.

How Aladdin and proxy voting at 16,000 meetings assembled governance without beneficial ownership. Designed in parts. Emergent as a whole.

Jul 20, 2026 32 min read
The Vatican Blessed Inclusive Capitalism. BlackRock Counts the Votes.
№ 3

The Vatican Blessed Inclusive Capitalism. BlackRock Counts the Votes.

How a Vatican-blessed coalition put the Holy See's moral authority alongside the firm that casts more corporate proxy votes than any other on earth.

May 19, 2026 19 min read