We have a woke capital problem because limited government conservatives failed to curtail the infinite morass of regulations on corps because they were afraid to attack anti-discrimination regulation. Now it's been used as a weapon to ensure that corps never displease the left.https://twitter.com/EmeraldRobinson/status/1379800020912857090 …
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Is that "limited government conservatism"? Did those people ever fight it? They ceded the entire battle because even LGCs believe that there should be unlimited government efforts ... to stop racism.
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Not to be too harsh on
@EmeraldRobinson either - her bio is right. But this is what "politics is downstream from culture & culture is downstream of religion" means in practice Progressive religion infests professional ltd govt conservatives who are all progressive true believerspic.twitter.com/yMehQdDgu9
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What can BlackRock do? Cut off their access to bond markets? Other firms will do their issues for them in that case. Market players in competitive markets don't have power without coordination and they can't coordinate without state power.
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Plus, these corporations by now all have some "diversity division" with the "diversity chief" (CSR activist) telling the executives they need to be Woke or they'll be boycotted.
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