Posted on 08/08/2025 5:29:15 AM PDT by DallasBiff
The phrase “go woke, go broke” is often used by critics of corporate social responsibility. It implies that companies face a binary choice: embrace progressive values or pursue profit.
But this dichotomy between “wokeness” and capitalism is both simplistic and increasingly out of step with corporate reality.
Many companies are learning to navigate a middle path. They are embedding social, environmental and ethical considerations into their business strategies – not in spite of profit, but because it contributes to long-term value creation.
Understanding this shift – and the backlash to it – is fundamental to grasping modern corporate responsibility.
Our research examines the growing tension between evolving “woke” agendas within firms and the enduring demands of shareholder value, known as “shareholder revanchism”.
(Excerpt) Read more at theconversation.com ...
That’s why free markets and property rights instead of “capitalism” should be used where needed.
On that we agree.
Maybe that’s because globalist capitalists are the ones who pushed your Communist Manifesto...
‘going woke’ is favoring one politically identified group over another.
this has the immediate effect of alienating all others.
in business, pissing off whole sections of your market is just boneheaded.
hence the ‘go broke’ conclusion
Howard Stern, 20 million listeners at its peak to a reported 125,000.
He went from hero of the working man to demanding that everyone get Covid shots, whether they trusted them or not.
More utter nonsense!
Why even throw this hand grenade into our own FR foxhole?
Always a bad sign when somebody uses the word capitalism to describe businesses.
Shows that their thinking is mired in ideological animus.
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