TRIGGERnometry How Big Business Went Woke - Vivek Ramaswamy
Sep 23, 2021
Vivek Ramaswamy, an American entrepreneur and author of "Woke, Inc.," dives into the controversial world of 'woke capitalism.' He critiques how corporate America has shifted towards social justice, emphasizing the potential dangers for democracy. The discussion also covers the rise of administrative power in education, which may stifle diverse ideas. Ramaswamy warns against censorship from big tech, advocating for a unifying idealism to protect American identity. He calls for strong leadership to revitalize culture and tackle pressing societal challenges.
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State Street's 'Fearless Girl'
- State Street faced a lawsuit from female employees for unequal pay.
- Their response? They built a statue of a girl opposing the Wall Street bull and marketed an ETF using the statue's "SHE makes a difference" slogan.
Woke Capitalism's Threat to Democracy
- Woke capitalism's core problem isn't stakeholder focus; it's the erosion of democracy.
- Corporate power distorts the marketplace of ideas, giving elites undue influence over societal values.
Big Tech's Dangerous Power
- Big tech's power to control acceptable discussion is unprecedented and dangerous.
- They act as quasi-states, wielding influence comparable to the historical Dutch East India Company.
