Corporate Diversity and the Return to Meritocracy

This chapter explores the retreat of financial firms like Goldman Sachs from diversity policies amidst a shifting political landscape, questioning the implications for board inclusivity and meritocracy in corporate America. The discussion critiques the prioritization of demographic attributes over qualifications, expressing concern over the influence of NGOs on corporate practices and the absurdity of current diversity metrics. It concludes with reflections on the necessity for businesses to refocus on profitability and talent, signaling a potential shift back to common sense in hiring decisions.