Disney’s active opposition to Florida’s Parental Rights in Education law resulted in the company’s stock pricing falling and a reduction in its market cap. The stock’s decline will mostly impact the retirement savings of the working class, said Stephen Soukup, author of the book “The Dictatorship of Woke Capital: How Political Correctness Captured Big Business.”…
Large Corporations Attempt to ‘Usurp the Power of Government’ Contrary to Shareholders’ Interests: Expert
May 8, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesdisneyeconomic policieseconomyFeatured TopicsFloridaInvestmentMarketsMedia & Big TechParental Rights in Educatoin Billstakeholder capitalismUSUS Featureswoke capital
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Trudeau to Travel to Europe to Talk Ukraine, Climate Change, ‘Inclusive Growth’
News Analysis Prime Minister Justin Trudeau announced on Friday he will be travelling to Europe next week to discuss Russia’s attack on Ukraine, as well as other topics such as climate change and “inclusive growth.” “Of course we’ll be discussing how to continue to support Ukraine, how to strengthen democratic values around the world, and…
Woke Capitalism Is a Monopoly Game
February 15, 2022
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Commentary In 2018, Ross Douthat of the New York Times introduced the phrase “woke capital.” Essentially, Douthat suggested that woke capitalism works by substituting symbolic value for economic value. Under woke capitalism, corporations offer workers rhetorical placebos in lieu of costlier economic concessions, such as higher wages and better benefits. The same gestures of wokeness also appease the…
Woke Capital Won’t Save the Planet—But It Will Crash the Economy
Commentary Judged by BlackRock CEO Larry Fink’s latest letter, January 2022 might turn out to be the highwater mark of woke capitalism. Stakeholder capitalism is not “woke,” Fink says, because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders. He’s right. What Fink describes is capitalism pure and simple, the stakeholder modifier adding…
How Stakeholder Capitalism Helps China and Harms the US
Commentary If there’s one thing progressives love doing, it’s apologizing. They apologize for being racist, for white privilege, for polluting the planet; in short, they apologize for anything and everything. The word sorry, like the U.S. dollar, continues to lose its purchasing power. If everyone is sorry, then no one is sorry. Vivek Ramaswamy, the author of…
Christian Motivational Speaker Starts Bank in Response to the Rise of Cancel Culture in the Private Sector
July 10, 2021
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Nick Vujicic, a motivational speaker who traveled the world through his organization to speak to millions about his Christian faith, became a co-founder of a pro-life bank after he was kicked out of his bank, a false article was published about him, and a grenade was thrown into his house. Vujicic, the founder, president, and…
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