Woke, Inc.: A Sunday Times Business Book of the Year

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The following year, Forbes named him one of the richest entrepreneurs in America under the age of forty. To illustrate this relationship, they cite recent complaints from Democratic members of Congress who have attempted to pressure Google and Facebook into changing their content moderation policies. In 2022, he urged Chevron to increase oil production [122] and criticized its support for a carbon tax. That June, the subsidiary, Axovant, raised more than three hundred million dollars through an initial public offering—a remarkable amount given that the subsidiary’s value was based solely on the potential of one untested drug.

Vivek Ramaswamy Proposes 'Major Concessions to Russia' in Contentious Interview With ABC's Martha Raddatz". Nonetheless, Ackman appreciates Ramaswamy’s emphasis on what he thinks is an unhealthy concentration of capital in the asset-management industry. Crucially, Ramaswamy also misses the point on why “stakeholder capitalism” became the dominant corporate model. An employee can sue an employer who attempts to evangelize her into accepting the tenets of Christianity.

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. She is the author of “ Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street. In June 2023, after The Post and Courier reported on the meetings, the sessions were criticized as a form of unregistered lobbying; Ramaswamy's campaign manager denied any impropriety. In a January 2021 op-ed for The Wall Street Journal, Ramaswamy and Yale Law Professor Jed Rubenfeld laid out the argument, recapitulated in the book, that “Google, Facebook and Twitter should be treated as state actors under existing legal doctrines.

What the founder did talk about was pricing drugs reasonably so that they’d be accessible to patients who needed them. In 2018, Ramaswamy said he had no regrets about how the company handled the drug; [43] in subsequent years, he said he regretted the outcome but was annoyed by criticism of the company. He also noted that Ramaswamy and other conservatives say that the government, not people like Larry Fink, should address climate change, but fail to acknowledge that the political and regulatory process has been distorted by corporate interests. He’d been on a round of speaking engagements and was in the city with his body man to promote, among other things, a new book with a self-explanatory title: “Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence.

To counter this threat, he proposes a number of significant policy changes and legal strategies, ranging from insightful to alarming. As a conservative, he generally does not, which makes for an odd dissonance when he lambastes CEOs and asset managers for not really believing in those progressive goals themselves. Ramaswamy contends, without citing specific evidence, that Fink is collaborating with political élites on such matters: promoting environmental policies that they have failed to push through Congress. GOP presidential candidate Vivek Ramaswamy to announce constitutional amendment to raise voting age to 25".

Presidential Candidate Vivek Ramaswamy Wants a Second American Revolution" (Vivek Ramaswamy says his own name at 17m17s), Honestly with Bari Weiss, 1 August 2023.His mother, Geetha, had never heard of Tucker Carlson or watched Fox News before her son started showing up on the network. He argues that Wokenomics’s deceptive practices are weakening democracy—polarizing citizens and concentrating political power in the hands of a small group of corporate elites. Maounis, through legal counsel at his new firm, Verition Fund Management, said that he recollected neither Ramaswamy nor the events he related.

The latter point is a welcome addition to the debate over which economic system is best suited for today, and why.Shortform note: To be clear, Ramaswamy isn’t suggesting that companies reconcile this disconnect between what they say they do and what they actually do by changing their actual hiring practices and inclusion policies.