Category: woke capitalism

Australia Rolls Out $2 Million Program to Help Disabled Individuals Into Leadership Positions

November 10, 2022
AustraliaAustralian Institute of Company DirectorsBusiness & Marketsdiversityeconomic policieswokewoke capitalismWorld
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The Albanese Labor government has awarded 100 scholarships as part of a $2 million program to advance the leadership careers of disabled individuals. Offered in conjunction with the Australian Institute of Company Directors (AICD), the scholarship program focused on women, Indigenous, and multicultural applicants. Amanda Rishworth, minister for social services, said that disabled individuals face…

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Levi’s Ex-Brand President Says ‘Woke Capitalism’ Driving Policies of Firms Wanting to ‘Profit Off Gen Z Activism’

October 26, 2022
Business & MarketsCompaniesCOVID-19gen zLevi’sMarketsUSwoke capitalism
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Jennifer Sey, the former brand president of clothes maker Levi’s, has condemned “wokeness” and says it is now driving company policies in corporate boardrooms, thanks in part to the kids of Generation Z. Sey spoke about “woke capitalism” in her new book, “Levi’s Unbuttoned,” an excerpt of which was published in the New York Post. “First, you’ve got…

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US Pension Savings Are Funding Globalist Ambitions: Andy Puzder

August 3, 2022
Business & MarketsEpochTVESGFresh Look AmericaInvestmentpension fundsstakeholder capitalismVideowoke capitalism
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Andy Puzder is the former CEO of CKE Restaurants, the parent company of Hardee’s and Carls Jr. He’s now the chairman of 2nd Vote Advisers, an investment fund that rejects investment criteria that place ideological, social, or political goals ahead of its investors’ financial interests. Puzder co-authored the book titled “Job Creation: How It Really…

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The Big Lie of Woke Capitalism

July 5, 2022
Business & MarketsBusiness ColumnistsESG (environmentalOpinionsocial and governance)stakeholder capitalismThinking About ChinaViewpointswoke capitalism
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Commentary Apparently, the “woke left” in America is a big fan of free market capitalism and investing. At least, that’s what Slate’s Andrew Petillon would have us all believe in his recent article, “The Republican War on ‘Woke Capitalism’ Is Really Just a War on Capitalism.” That is nothing more—and nothing less—than a well-constructed lie….

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Is Elon Musk the Harbinger of a New Era of Hostile Corporate Takeovers?

April 25, 2022
corporationsOpiniontakeoversViewpointswoke capitalism
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Commentary “Get woke, go broke” refers to a company that engages in woke politics and, thereby, alienates a large share of its customers. The canonical example is Gillette. A major seller of men’s shaving products, it ran a 2019 Super Bowl ad attacking men as inherently toxic. The result was customer alienation and an $8…

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Woke Capitalism Is a Monopoly Game

February 15, 2022
Corporate Activismcorporatismeconomic fascismmonopolyOpinionsocialismstakeholder capitalismViewpointswokewoke capitalism
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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…

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The Left’s Engagement With US Corporations Led to ‘Woke Capitalism,’ Says Justin Danhof

January 13, 2022
Big Tech, Censorship, and SocialismBusiness & EconomyCompanieseconomyFeatured TopicsJustin DanhofMLBUSUS Newswoke capitalism
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Executive Vice President of the National Center for Public Policy Research, Justin Danhof, called corporations’ catering to the left’s progressive agenda “woke capitalism.” He told NTD’s “Capitol Report” this has been a deliberate effort by the left through engaging companies and pushing a political and social agenda. “The left decided to engage with business, the…

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Americans Prefer Companies to Stick With Business, Stay Away From Politics: Survey

December 2, 2021
Business & EconomyCompaniesSocial Issuessocial justice warriorsUSUS Newswoke capitalismwoke ideology
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American consumers prefer corporations to stick with business issues, and steer away from controversial topics like politics and social justice, according to a business survey (pdf) by advisory firm Brunswick Group. “Only a minority of voters (36%) agree unequivocally that companies should speak out on social issues, compared to 63% of corporate executives,” revealing a…

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Australia to Investigate Monopolies and Woke Capitalism in New Parliamentary Inquiry into Financial Sector

August 4, 2021
AustraliaAustralian Council of Superannuation InvestorsBlackRockBusinessclimate changeCompaniesInternationalUSUS NewsVanguardwoke capitalismWorld
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The Australian federal government is set to examine the power “mega-funds” like U.S. giants BlackRock snd Vanguard, and local super funds hold over the country’s financial sector with the House of Representatives Standing Committee on Economics decision to investigate the issue of “common ownership” and whether it has led to possible collusion between firms. Tim Wilson, a federal…

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Australia to Investigate Monopolies, Woke Capitalism in New Parliamentary Inquiry into Financial Sector

August 4, 2021
AustraliaAustralian Council of Superannuation InvestorsBlackRockBusinessclimate changeCompaniesInternationalUSUS NewsVanguardwoke capitalismWorld
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The Australian federal government is set to examine the power “mega-funds” like U.S. giants BlackRock, Vanguard, and local super funds hold over the country’s financial sector, with the House of Representatives Standing Committee on Economics to investigate the issue of “common ownership” and whether it has led to possible collusion between firms. Tim Wilson, federal member of Parliament…

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