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Political Correctness has Replaced the Profit Motive 

by Henry Makow PhD – henrymakow.com Feb 25, 2021

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Ever wonder why Coke would insult its white customers?  Why Gillette would slander males who have a vestige of “toxic” testosterone?

Ever wonder why the NFL and the Oscars would go out of their way to alienate patriotic Americans?

Don’t these businesses seek to maximize profit?

The World Economic Forum released a 4.30 min. video a month ago which solves this conundrum.

“Capitalism as we know it is dead,” it pronounces. The pursuit of profit has led to “inequity.”  They are introducing a new “stakeholder’s capitalism” where political correctness gets you more points than actual profit. 

Can you imagine what this does for efficiency? Instead of producing the best products most efficiently, companies now strive for the more diverse workforce; the most homosexuals on the Board of Directors.

Common sense (reality) rewards merit. It is color-and-gender-blind. But hard work and talent are now considered “white supremacist” as if Black jazz musicians don’t excel at both.

They have driven hard-working people from the workforce and put millions on the dole. People are being paid NOT to work. 

Just as companies don’t care about profit, stocks trade at a multiple of their political correctness. It doesn’t matter that they are at pie-in-the-sky valuations. Many multi billion dollar companies don’t have any earnings at all.

But anything that taps into political correctness — renewable energy, plant-based foods, coronavirus vaccines — are off the charts. Stocks trade like crypto currencies. They go up for no reason other than people will pay more. People are engaged in a speculative frenzy much like the roaring twenties, and we know how that ended.

We have detached from reality. Eventually reality will catch up to us, and it won’t be pleasant.

PLEASE GET INTO THE BOXCARS (TRUST US)

 

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