Category: woke capitalism

Woke, Crony Capitalism Takes Hold Down Under

Commentary The corporate campaign backing a change to Australia’s Constitution is the latest installment in large business bludgeoning not just customers, but everyone, over woke causes. It’s a form of crony capitalism verging on fascism. It’s bad for the country, and it is bad for the government. Large companies are primed for it by the…


The Putrid Underbelly of Woke Capitalism

Commentary Corporate intrigue reached a fevered pitch on May 6, 2023, in Omaha, Nebraska, when a shareholder was arrested during the annual shareholder meeting of Berkshire Hathaway. The shareholder challenged the affiliation of Warren Buffett with the Bill and Melinda Gates Foundation and Bill Gates’s association with Jeffrey Epstein, who was convicted in Florida for procuring a…


Americans Tell CEOs: Drop the ‘Woke’ and Get Back to Business

As companies gear up for an economic downturn, cutting costs and staff, CEOs might want to heed the rising voice of consumers who want them to focus on business rather than politics. According to a poll this week of more than 1,000 likely voters by the Trafalgar Group and Convention of States Action (COSA), nearly…


Shareholders Getting Fed Up With Underperformance by ‘Woke’ CEOs

The Walt Disney Company may prove to be a cautionary tale for CEOs who have sworn allegiance to the environmental, social, and governance (ESG) movement. While it has become increasingly common for global clubs like the World Economic Forum and activist asset managers to pressure corporations to fall in line with the ESG agenda, Disney…


New Chamber Touts Revival of Free Enterprise System That Fueled the ‘American Century’

LAS VEGAS—The mom-and-pop concession stand on a northern Iowa lake rented boats, sold snacks and beverages, stocked bait and tackle, and offered visiting fisher folk tips on where to cast a line. In the fall, it sold shotgun shells for the hunters who replaced the boaters and anglers during deer seasons, making it worthwhile for…


Wharton Wokeness Decades in the Making

When Wharton announced the creation of majors in “environment, social, and governance” (ESG) and “diversity, equity, and inclusion” (DEI) in the summer of 2022, it represented the fruit of seeds planted decades earlier on its hallowed grounds. Traditionally, it was understood that the purpose of a business was to maximize value for shareholders. But in recent decades,…


Wharton’s Majoring in Woke Capitalism—Some Are Taking an Elective in Dissent

Commentary One of America’s storied Ivy League executive training grounds is elevating a view of capitalism that shuns the very enterprises from which its namesake made his fortune: In 2023, the University of Pennsylvania’s Wharton School will offer a new major called Environmental, Social and Governance Factors for Business. The nation’s first business school was founded…


Vivek Ramaswamy Exposes the ‘Greatest Form of Institutionalized Racism in the United States Today’

“We have this victimhood metastasis where everyone wants to think of themselves as a victim,” says entrepreneur Vivek Ramaswamy. “We have to recognize there is no winner in America’s oppression Olympics.” Ramaswamy is the author of the 2021 bestselling book, “Woke, Inc.: Inside Corporate America’s Social Justice Scam.” “Affirmative action is the systemic racism that’s…


PREMIERING NOW: Vivek Ramaswamy Exposes the ‘Greatest Form of Institutionalized Racism in the United States Today’

This episode will premiere on Thursday, Nov. 17, at 7:30 p.m. ET. “We have this victimhood metastasis where everyone wants to think of themselves as a victim,” says entrepreneur Vivek Ramaswamy. “We have to recognize there is no winner in America’s oppression Olympics.” Ramaswamy is the author of the 2021 bestselling book, “Woke, Inc.: Inside…


PREMIERING 7:30PM ET: Vivek Ramaswamy Exposes the ‘Greatest Form of Institutionalized Racism in the United States Today’

This episode will premiere on Thursday, Nov. 17, at 7:30 p.m. ET. “We have this victimhood metastasis where everyone wants to think of themselves as a victim,” says entrepreneur Vivek Ramaswamy. “We have to recognize there is no winner in America’s oppression Olympics.” Ramaswamy is the author of the 2021 bestselling book, “Woke, Inc.: Inside…