Category: woke capital

Australian Big Business Estranged From Capitalism, Free Market: Kennards CEO

June 7, 2022
AustraliaBusiness & MarketsCompanieseconomyInternationalKennards StoragePeter DuttonSam KennardWarren Mundinewoke capitalWorld
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Two successful business leaders agree that large Australian corporations have lost touch with their free-market roots and, similar to their U.S. counterparts, have become increasingly preoccupied with progressive agendas. Sam Kennard, CEO of Kennards Storage, one of Australia’s largest self-storage businesses, says a recent admission by opposition leader Peter Dutton that big business was no…

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Large Corporations Attempt to ‘Usurp the Power of Government’ Contrary to Shareholders’ Interests: Expert

May 8, 2022
Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesdisneyeconomic policieseconomyFeatured TopicsFloridaInvestmentMarketsMedia & Big TechParental Rights in Educatoin Billstakeholder capitalismUSUS Featureswoke capital
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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.”…

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Australia’s Competition Watchdog Needs Power to Stop Mega Funds Expanding Industry Control: Report

April 11, 2022
AustraliaBlackRockBusiness & EconomyCompaniesInternationalInvestmentMarketsState StreetstocksUSUS NewsVanguardwoke capitalWorld
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Australia’s competition watchdog should receive new powers to stop any potential merger that could see “mega-funds” like U.S. giants BlackRock, Vanguard, and State Street widen control over an industry, according to a parliamentary committee. On April 11, the Standing Committee on Economics in Australia tabled its report examining the influence of the mega-funds, which also…

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Woke Capital Hastens America’s Demise by Backing China

August 26, 2021
OpinionViewpointswoke capital
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Commentary America is underwriting its own demise. Woke Capital apparently wants to hasten it. Coming on the heels of a letter from titans of American industry to the Biden administration calling for it to jettison punitive China tariffs post-haste, and resume trade negotiations with Beijing, BlackRock’s research arm recently urged investors to increase their exposure…

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