Five Years Later, the Business Roundtable’s Push Toward Wokeness Starts to Crumble, by Sean Moran

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Frame from an unexpected encounter with Saturday's Black Lives Matter march through downtown Baltimore City. July 2016. Author John Lucia. .. This file is licensed under the Creative Commons Attribution 2.0 Generic license. You are free: to share – to copy, distribute and transmit the work ...

By Sean Moran, Breitbart, Aug. 26, 2024

Sean Moran is a policy reporter for Breitbart News. …

This August marks the fifth anniversary of the Business Roundtable’s redefinition of the purpose of a corporation to serve “stakeholders” (think Black Lives Matter, the LBGTQ+ agenda, and more) shifting American businesses leftward, and diluting the lifeblood of successful enterprises — making products that people want to buy, ensuring those products are of high quality, earning a profit, and delivering robust shareholder return.

Daniel Cameron, the CEO of the 1792 Exchange and former Kentucky attorney general, said the 1792 Exchange serves to push companies back toward political neutrality, or “common sense,” in Cameron’s words. The 1792 Exchange CEO lauded the growing number of corporations that have increasingly abandoned leftist environmental, social and governance (ESG) and diversity, equity, and inclusion (DEI) policies.

Cameron told Breitbart News Daily host Mike Slater, “We’ve seen Tractor Supply, I want to give a shout out to their CEO, Hal Lawton, we’ve seen John Deere, we’ve seen Harley Davidson, we’ve seen Brown Forman (Jack Daniels), others making a decision, and we see many in the tech space again leading the charge back to the middle on issues like ESG and DEI. They’re getting rid of those DEI policies because they know at the end of the day corporations don’t need to be built on diversity, equity, and inclusion, our corporations need to be built on merit, excellence, and intelligence.” ….

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