Capitalism

Woke capitalism is a sign of things to come

2/5/20
from AEI,
11/26/19:

No one ever had trouble finding examples of corporate hypocrisy. Recent months seem to have brought a bounty. The same companies who submit to Chinese authorities have no problem resisting American ones.

The U.S. industries most obsequious to Chinese audiences present themselves as socially, culturally, and economically progressive at home. The National Basketball Association, Hollywood, Silicon Valley, and major financial institutions are exemplars of the “woke capitalism” that has transformed the business landscape in recent years. GM cannot meet the demands of 48,000 striking workers, but it wants you to know that it supports wind power and gender equity.

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