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Arguably capitalism isn't the problem either, because in its purest form the state would simply be a neutral platform, rather than an active participant, in the
by hunglee2 1y ago
Arguably capitalism isn't the problem either, because in its purest form the state would simply be a neutral platform, rather than an active participant, in the game of free market competition.
What Trump is doing is putting capital 'under the authority of the state' very similarly to what China did in bringing down in 2020 - cancelling Ant Finance IPO, bring down Jack Ma, breaking the edtech industry, setting salary limits for finance sector etc.
OP is right though - you can't blame Tim Cook, Mark Zuckerberg or any of the CEO's who are kowtowing to the King. Role of the CEO is to protect shareholder value, and maximally increase revenue and profit. Hard to see how refusing Donald Trump what he demands would support those objectives.
- FridayoLeary 1y agoThey ended their dei programs so quickly that i can only assume they were waiting for an excuse.
- hunglee2 1y agoyep, double quick time. Spoke with a marketing agency earlier this year talking about 'state of the market' fully expecting downbeat report, only to be told that 'business was going great in 2025'. Upon further probing, it turned out that all of this new business was auditing company digital assets and strip out DEI
- znpy 1y agoDid people actually believe the whole corporate DEI parade was a real thing?
- taylodl 1y agoLessons learned from Bud Light
- AnimalMuppet 1y agoMaybe those programs only existed because they were kowtowing to the previous king.
- FridayoLeary 1y agoExactly my point. DEI is nothing more then soft racism imo and one of the most accepted forms of virtue signalling today. In that case the "king" was the slightly hysterical progressive ideology that's been around since covid.