The real cancel culture is here:
Quote:1792 Exchange is a 501©(3), non-profit organization whose mission is to develop policy and resources to protect and equip non-profits, small businesses and philanthropy from “woke” corporations, to educate Congress and stakeholder organizations about the dangers of ESG (environmental, social, and governance) policies, and to help steer public companies in the United States back to neutral on ideological issues so they can best serve their shareholders and customers with excellence and integrity.
Quote:1792 Exchange convenes natural allies of First Amendment freedom so that all Americans can express themselves freely without corporate viewpoint discrimination. 1792 Exchange staff provide pro-bono research and resources to non-profits and small businesses to assist in navigating the operational and financial vulnerabilities of cancelation or denial of service due to viewpoint discrimination.
1792 works to ensure that private businesses and non-profits have stable financial and operational infrastructure and that public corporations cannot force them to engage in controversial political and cultural debates.
1792 also creates educational materials that citizens can share with Congress, state legislatures, state elected officials and stakeholder organizations about corporate activism, including how certain types of corporate activism might violate fiduciary duty to shareholders and the rights of Americans.
Quote:“Woke” corporations are those that enforce a “soft totalitarianism” permeating the United States by threatening First Amendment freedoms of employees, other corporations, non-profits, small business owners, and individuals. Such corporations often work in concert with big government and progressive organizations. Politicized corporations use their power, brand and capital to advance and enforce divisive ideological agendas and cancel, deny service to or divest from those who don’t support progressive agenda ideas.
Over the past two decades, public corporations have become the secular Left’s weapon of choice in driving rapid cultural change. They convinced and/or forced many public corporations to abandon their legal purpose of maximizing shareholder value in order to embrace “stakeholders” as co-equals. Stakeholders can be redefined by activists to fit any situation. “Stakeholder capitalism” is another description of the same model whereby corporations advance ideological agendas through programs and investment schemes, often under the “ESG” umbrella.
Quote:Some corporations wield this form of soft totalitarianism to advance a progressive agenda, to signal their support of that agenda, or both. Corporations are increasingly threatening the First Amendment freedoms and stability of employees, other corporations, non-profits, small business owners, and individual citizens.https://1792exchange.com/spotlight-reports/corporate-bias-ratings/
In recent months, many people of faith and conservative views have experienced unjustified cancellation, punishment, loss of income, and public shaming at an accelerating rate. “Woke” corporate practices include firing employees, canceling customers or suppliers, withholding, or denying financial or other services, and dictating contractual terms for ideological purposes simply because of differing viewpoints on controversial issues, including “gender ideology” or “critical race theory.”
When public corporations are politicized, it undermines our democratic process, divides employees, alienates customers, violates fiduciary duty, and limits shareholder returns. Because roughly three quarters of all assets in US stock markets are tied directly or indirectly to retirement, woke capitalism jeopardizes Americans’ retirement security.
Woke capitalism can affect your job, your employer, your savings, your retirement security, your place of worship, your favorite non-profit, your family, and the US economy.