Creating Wealth Real Estate Investing with Jason Hartman 1870: Money vs Politics, Censorship & Woke, Inc. by Vivek Ramaswamy - Inside Corporate America's Social Justice Scam
In this 10th episode show of Creating Wealth where we discuss a topic of general interest, Jason Hartman invites New York Times Bestselling author Vivek Ramaswamy to speak about his book Woke, Inc.: Inside Corporate America's Social Justice Scam.
Today's economic landscape is rife with companies using economic force as a substitute for free speech and open debate to settle political and social questions. Vivek Ramaswamy is concerned with this new cancer, both in our culture and in our private sector, which threatens to kill the dream that Martin Luther King Jr. had 60 years ago.
This new philosophy that says that your identity is based on your race, sex, religion, or your sexual orientation is reductive. It takes the true diversity of voices in our country, the true diversity of perspectives within each of us and reduces us to nothing more than the embodiment of a group identity.
Vivek makes the case to separate capitalism and democracy in order to preserve the integrity of both.
Key Takeaways:
Jason's editorial
2:21 Welcome to The Creating Wealth Show, Episode 1870
4:50 Trying to time the market
7:52 Waiting for the market to crash before buying properties
10:10 Everything comes out of the political environment
12:26 Mortgage rates and the CPI
14:48 Calculating negative interest rates
17:48 Inflation will go down as a result of an economic contraction or recession
18:45 Refinancing and adjustable rate mortgages
Vivek's interview
20:52 Welcome Vivek Ramaswamy, New York Times Bestselling author of Woke, Inc.: Inside Corporate America's Social Justice Scam
21:29 Vivek was a CEO in biotech for seven years
23:29 This new philosophy that says that your identity is based on your race, your sex, your religion, or your sexual orientation is reductive
24:22 Companies use market power to tilt the scales of debate on identity questions
25:36 Once the private sector becomes politicized, we lose the apolitical sanctuary where true innovation can happen
27:12 Institutions have adopted the shareholder primacy doctrine and are forcing companies to support particular politicized environmental or social agendas
29:07 Isn't wokeness acting against the interest of some companies? Finding answers in '08 crisis
30:22 The free market does not exist when it's been co-opted to advance a political agenda
32:03 The ESG Asset Bubble - Larry Fink and the birth of the ESG movement
34:19 Critical Diversity Theory
37:45 There are cynical forces exploiting the relationship between the neo progressive movement and big business
39:42 Dictators becoming stakeholders
40:29 Companies hand over user data through their platform to the CCP as a condition for doing business in China
41:05 Reviving civic duty in the American culture
43:03 Learn more at StriveFunds.com and check out Vivek's book: Woke, Inc.
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