(Rallying Patriots) – Entrepreneur and political commentator Vivek Ramaswamy recently made an appearance on Fox News where he stated that the current embrace of radical transgender activism by the Walt Disney Company is not being influenced by disgruntled and activist workers, but by some of the corporation’s biggest investors.
According to WND, Ramaswamy, the author of 2011 New York Times bestseller “Woke, Inc.: Inside Corporate America’s Social Justice Scam,” went on to explain during the interview what he thinks prompted Disney CEO Bob Chapek to start speaking out against the Florida parental rights legislation, which has been misconstrued by both activists and the mainstream media as the “Don’t Say Gay” bill.
The law in question prevents teachers from being able to give classroom instruction on “sexual orientation” or “gender identity” in kindergarten through third grade. Which, as many have pointed out over the last several months, should be common sense, seeing as kids this young are not sexual at all. This is something that should be left up to the discretion of parents to teach kids at home when they feel their child is ready.
Ramaswamy acknowledged that there was most definitely pressure from some employees, but he also said “there’s a quieter undercurrent here, too.”
“He pointed out that the company’s three largest shareholders are the nation’s three largest asset managers, BlackRock, State Street and Vanguard Group. Together they manage more than $20 trillion, which is more than the GDP of the United States,” the WND report said.
“Actually, if you’re a CEO in a public company today, you find yourself sandwiched not just between your progressive, woke employees,” he went on to say during the interview, but also the shareholders, who are “quietly whispering in your ear that they want to see you doing the same things too.”
“So it runs far deeper, and it’s far more complicated,” Ramaswamy, who works as the executive chairman of the biopharmaceutical company Roivant Sciences, told Fox News.
Disney CEO Bob Chapek appeared to bend the knee to a small group of radical employees, but the real problem runs deeper: his top 3 "shareholders."
They represent a $20 trillion cartel that pushes companies to advance political agendas. And they're using your money to do it. pic.twitter.com/sXLDR9Bu5Y
— Vivek Ramaswamy (@VivekGRamaswamy) April 4, 2022
“As BizPac Review noted in an article on the interview, Wall Street is observing a trend in which companies are deferring to ‘stakeholder’ interests rather than the interests of shareholders. That amounts to powerful entities with political agendas having sway over private individuals who invest in companies,” the report continued.
The folks at BPR then pointed out that BlackRock CEO Larry Fink has dismissed allegations that his company has gone “woke” saying that “stakeholder capitalism is not about politics.”
“It is not a social or ideological agenda. It is not ‘woke.’ It is capitalism, driven by mutually beneficial relationships between you and the employees, customers, suppliers and communities your company relies on to prosper,” Fink wrote in a letter sent out to CEOs last year, according to a report from the Washington Examiner. “This is the power of capitalism.”
“The World Economic Forum – known for its globalist ‘Great Reset’ initiative and Davos meetings of top political and economic leaders – advocates ‘stakeholder capitalism.’ According to WEF, it means that rather than pursuing profits, companies would ‘pursue the wellbeing of all people and the entire planet,'” WND reported.
Just ahead of the WEF’s meeting in January, founder Klaus Schwab put out an op-ed piece concerning the need for a “Davos Manifesto” for “a better kind of capitalism.”
“Business leaders now have an incredible opportunity. By giving stakeholder capitalism concrete meaning, they can move beyond their legal obligations and uphold their duty to society,” Schwab wrote in the op-ed “They can bring the world closer to achieving shared goals, such as those outlined in the Paris climate agreement and the United Nations Sustainable Development Agenda. If they really want to leave their mark on the world, there is no alternative.”
At the end of the day, companies like Disney need to be sent a message. It seems the only language they speak is the dollar bill, therefore, we should withhold our dollar bills from going to support a company that clearly hates anyone who disagrees with young children being taught sexual material.
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