America’s uncertain future
Progressive programs such as DEI, CRT, and ESG are insidious. They work like a Marxist-borne virus that infects and ultimately sickens the body politic.
America should be concerned about where it is heading. Many of my liberal friends and family members are unaware of the risks we face as a country. Some unwittingly support big government policies that are counter-productive to and destructive of our country’s long-term interests and prosperity. Our republic and the American way of life are at risk. I suspect that many executives, finance professionals, well-intentioned citizens, and politicians share my concern, even though much of corporate America and Wall Street has embraced the Left’s ideology.
Elon Musk has released thousands of pages to two reporters that highlight how the government, social media, liberal media, and the Democratic Party colluded to influence the 2020 election. They worked together to keep Trump out of the White House, in a way that meets the classic definition of a conspiracy. They helped the progressive wing of the Democratic Party to steer our country toward one-party rule and socialism. The executive orders and bills they pass or try to pass are Exhibit A for where Biden and the Democratic Party will take this country if allowed.
We cannot ignore which party is pushing ESG, DEI, CRT, and its true objective – a massive wealth transfer that helps Democrats secure the votes they need to remain in power. De facto open border policies provide massive inflows of future democratic party voters. These are the policies Biden’s progressive handlers advocate for.
Progressive programs such as DEI, CRT, and ESG are insidious. They work like a Marxist-borne virus that infects and ultimately sickens the body politic, poisoning the ecosystem (in this case, the economy, not the biosystem) that nourishes our free market system. I suspect that most corporate execs and board members are blind to the viral danger they so eagerly support. Those who don’t – well, I suspect they are too afraid to do much about it. The path of least resistance is to virtue signal support and keep the leftists off their backs. It’s safer to play along to get along and avoid the wrath and smears of the Left.
Woke corporations that go too far with progressive policies will reduce their companies’ long-term growth and earnings potential – the one undisputed condition for new investment. Slower growth and job creation will result from policies designed to support social agendas that expand the size and power of government.
It’s the ideology behind these destructive progressive policies that must be evaluated and exposed, and not so much the policies themselves. We’re all in favor of clean air, good schools, humane elder care, and workers’ rights. It’s the anti-capital, growth-killing, and anti-America consequences of policies that put our republic and the American way of life in harm’s way that we should and must oppose.
Elon Musk is shining a bright light into the dark corners of social media, the liberal media, the government, and the Democratic Party, all of which suppressed news about Hunter Biden’s laptop. To remain a non-issue, Biden’s laptop needed lapdogs of which there are plenty in the liberal media.
Corporate leaders and their boards must defend their stakeholders’ long-term interests. Shareholders come first. Other stakeholders benefit when corporate objectives support and strengthen free enterprise capitalism. Capital must be put to its best and most productive use, not diverted to social justice policies that replace meritocracy with mediocracy. Capital is the market’s lubricant, just as the body’s hemoglobin moves oxygen to where it is most needed.
As Elon Musk’s Twitter files show, Americans are being kept in the dark. They are being misinformed by a cabal of special-interest politicos with a specific agenda – power and profits. They control the narratives to gin up support for an ideology and policy objectives that many Americans are too busy to think about. Left unexposed and unchecked, their objectives put our country on the road to big government socialism.
It’s been tried before and it never ends well.