Thursday, April 29, 2021

Advice from an investment firm about Woke corporation

"As I have pointed out several times, the whole university left wing indoctrination has now permeated all of life, including large corporations who are being led to stick their nose in where it does not belong by Jeff Sonnenfeld of Yale. The best way corporations can help the poor and minorities, is to maximize profits, which leads to more hiring, which leads to wage increases, which leads to higher family incomes, and wealth creation for those willing to work hard and stay out of trouble. We saw it in 2019 when the economy was doing very well, and there were millions more job openings than people to fill them, and no government handouts to deter people from working. CEOs need to focus on building their companies to be the best profit and job producers they can, and leave the social crap to politicians, and those who make it their job. Well run companies that create jobs should hire the best people they can find, and build their talent base through apprenticeships where they can train the unskilled to be able to attain higher wages through effort, not skin color. The entire basis of “diversity and inclusion” is racist in that by hiring by skin color you are discriminating against the guy who had the wrong color, thereby undoing all that we all worked hard to overcome over the past 50 years."

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