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Why America's Oligarchs Are Moving Left
Mises Institute ^ | 06/12/2021 | José Niño

Posted on 06/15/2021 8:02:28 PM PDT by Bloodandgravy

These days it’s not your typical latte-sipping millennials who are going woke. Taking a stroll around America’s largest metro areas will have one believe social justice is the latest fad that’s sweeping across corporate boardrooms. Much has been written about woke capital—businesses’ recent pivot to signal their affinity for leftist movements—and what it means for society at large. Suffice it to say that since last year, this trend has accelerated at breakneck speeds.

Scratching one’s head in utter confusion should be a natural response to corporate America’s virtue signaling. One has to wonder why big business, which has traditionally been perceived as a reactionary institution aligned with the political right, would make common cause with radicals on the cultural left. Counterintuitive as it may seem, corporations and prominent business moguls have many incentives to jump on the virtue-signaling bandwagon.

(Excerpt) Read more at mises.org ...


TOPICS: Business/Economy
KEYWORDS: business; woke
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1 posted on 06/15/2021 8:02:28 PM PDT by Bloodandgravy
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To: Bloodandgravy

Because they know that under Communism they get to own everything and we get to own nothing.

And we’ll like it, of course.


2 posted on 06/15/2021 8:04:22 PM PDT by E. Pluribus Unum (Lefties call anything they can use to subjugate other people "science.")
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To: E. Pluribus Unum

Communism is just Feudalism with a gas light the size of a lighthouse!!!!


3 posted on 06/15/2021 8:06:32 PM PDT by GraceG ("If I post an AWESOME MEME, STEAL IT! JUST RE-POST IT IN TWO PLACES PLEASE")
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To: Bloodandgravy
DANEGELD
4 posted on 06/15/2021 8:07:54 PM PDT by Roccus (Prima di ogni altra cosa, siate armati!)
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To: Bloodandgravy

5 posted on 06/15/2021 8:08:40 PM PDT by GraceG ("If I post an AWESOME MEME, STEAL IT! JUST RE-POST IT IN TWO PLACES PLEASE")
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To: Bloodandgravy

Because they are fascists. Their business depends on a political cooperation with state power and its narrative.


6 posted on 06/15/2021 8:10:59 PM PDT by PGR88
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To: Bloodandgravy

They’ve stopped thinking for themselves and buy into what they hear without question. It is easier to be an idiot and make good money than be an artist and do something good for people. They no longer care about their neighbors. It was said:

“Ask not what your country can do for you – ask what you can do for your country. My fellow citizens of the world: ask not what America will do for you, but what together we can do for the freedom of man.

If you have the time, you might want to read this:

https://voicesofdemocracy.umd.edu/kennedy-inaugural-address-speech-text/

wy69


7 posted on 06/15/2021 8:15:45 PM PDT by whitney69
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To: Bloodandgravy

Bookmark


8 posted on 06/15/2021 8:29:22 PM PDT by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: Bloodandgravy

They might be moving to the left because of the SEC and other Alphabet agencies pushing them that way.


9 posted on 06/15/2021 8:34:22 PM PDT by Nateman (If the Left Is not screaming , you are doing it wrong..)
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To: Bloodandgravy

This article is incorrect.

The move leftward is a direct result of university indoctrination.

These students have to get hired somewhere. They don’t stay students forever, and they don’t just snap out of it just because they leave campus.


10 posted on 06/15/2021 8:40:16 PM PDT by ProgressingAmerica (Public meetings are superior to newspapers)
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To: Bloodandgravy

Democracy, in the words of Turkish dictator Erdogan, can work like a trolley: When you reach your destination, it’s time to get off.


11 posted on 06/15/2021 8:50:42 PM PDT by jz638
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To: Bloodandgravy

I believe education has much to do with the elite’s move to the Left. Academia has been moving Left since the late nineteenth century. This trend accelerated to warp speed beginning in the 1960’s and by the 2020’a has turned most colleges into seminaries for social justice warriors. Today’s elite, most of whom are college-educated, have been steeped in this ideology.


12 posted on 06/15/2021 8:59:30 PM PDT by Fiji Hill
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To: All

Partially correct.

However IMHO the main reason that the big business moguls have moved left is that they figured out that they can get more money with less effort by getting the politicians to steal money from the taxpayers and give it to them, rather than having to compete in the marketplace of ideas, to innovate, to produce goods and services that people actually want.

I call it Crony Crapitalism.


13 posted on 06/15/2021 9:15:37 PM PDT by LegendHasIt
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To: Bloodandgravy

NATHAN HALE AND THE UNITED NATIONS?
7 ½ MINUTE VIDEO
https://www.brighteon.com/1d135ff4-e677-4bd0-9439-8729c5c08f72


14 posted on 06/15/2021 9:25:34 PM PDT by Dick Bachert (THE DEEP STATE HATES US! IT DETESTS TRUMP!!)
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To: PGR88

NATHAN HALE AND THE UNITED NATIONS?
7 ½ MINUTE VIDEO
https://www.brighteon.com/1d135ff4-e677-4bd0-9439-8729c5c08f72
A reporter once asked David Rockefeller why he’s for everything to be owned by the state. He replied that it’s a great idea...when you’re the state!


15 posted on 06/15/2021 9:30:05 PM PDT by Dick Bachert (THE DEEP STATE HATES US! IT DETESTS TRUMP!!)
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To: ProgressingAmerica

16 posted on 06/15/2021 9:31:21 PM PDT by Dick Bachert (THE DEEP STATE HATES US! IT DETESTS TRUMP!!)
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To: GraceG

They simply want to be the LAST one sacrificed due to cowardice, while dreaming of ultimate power (without pain on their part)


17 posted on 06/16/2021 12:36:37 AM PDT by The Right Edge (Staunch Trump Supporter AND PROUD to be!)
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To: ProgressingAmerica
This article is incorrect. The move leftward is a direct result of university indoctrination.

Most enter university already socialists.

18 posted on 06/16/2021 2:14:26 AM PDT by nonsporting (To relieve sickness, sometimes one must hurl.)
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To: Bloodandgravy

“For megacorporations, woke signaling is a matter of self-preservation in order to protect themselves from ravenous mobs in both the virtual and physical realms.”

Highly intellectual piece, so as a Trump supporter, most of it goes over my head. But I do think it’s as simple as the above, which is also what Rush has said - which is that these people are scared to death of the mobs, so they’re trying to side with the mobs (or at least perceived that way), and ALL mobs today (and in recent history) are on the Left.

Of course when they FINALLY do find out who they’re siding with, it’s often too late, as they learned in Cambodia, for example.


19 posted on 06/16/2021 2:22:23 AM PDT by BobL (I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
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To: E. Pluribus Unum

Because they know that under Communism they get to own everything and we get to own nothing.


Wrong, under Communism, the state owns everything including you.


20 posted on 06/16/2021 3:38:39 AM PDT by PIF (They came for me and mine ... now its your turn)
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