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 Wokeness Decades in the Making
January 7, 2023
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economyEducation & Family NewsESGSocial IssuesUniversity of PennsylvaniaUSWhartonWharton Schoolwoke capitalismwokeness
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Wharton’s Majoring in Woke Capitalism—Some Are Taking an Elective in Dissent
January 7, 2023
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economyEducation & Family NewsESGSocial IssuesUniversity of PennsylvaniaUSWharton Schoolwoke capitalism
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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…
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