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2019-01-07 Home Front: Culture Wars

Corporate diversity is just another misguided policy from Democrats

[The Hill] House Democrats have a plethora of initiatives in the new Congress. One of the top priorities for the Congressional Black Caucus and incoming Financial Services Committee Chairwoman Maxine Waters is corporate boardroom diversity. Waters proposed creating a House subcommittee on diversity and inclusion that would force companies to quantify their board members by race and gender. By targeting publicly traded companies, this creates a vacuum that would ultimately harm employees of all racial and economic backgrounds, especially the further down the chain you go.

The government should foster diversity through individual success, not through federal coercion. You can hear it in the words of proponents of the newest overreach in Washington. "They have a right to be nervous," said Emanuel Cleaver of Missouri while talking about corporate boards. Many companies on Wall Street and in Silicon Valley understand that the efforts are more a matter of paying tribute to Washington, rather than a substantive effort to increase diversity in the upper echelons of business.

Other proposals from the left carry the same thread as the one recently championed by Waters. Gregory Meeks of New York wants to force all publicly traded companies to disclose the demographic data of boards of directors. Carolyn Maloney of New York wants to grant the Securities and Exchange Commission new regulatory authority over gender diversity.

Posted by Besoeker 2019-01-07 00:33|| || Front Page|| [10 views ] Top

#1 Peter Drucker - An organization can have one mission. As soon as it has two it will fail at both.

Posted by M. Murcek 2019-01-07 00:51|| 2019-01-07 00:51|| Front Page Top

#2 Your job application is nearly complete. The following demographic questionnaire is entirely voluntary. Please annotate the ethnic group you most closely identify with:

Posted by Besoeker 2019-01-07 01:40|| 2019-01-07 01:40|| Front Page Top

#3 First priority should be to put Wells Fargo out of its corporate existence.
Corporate diversity is yet more stuff we don't need.

Posted by Anguper Hupomosing9418 2019-01-07 02:45|| 2019-01-07 02:45|| Front Page Top

#4 Waters proposed creating a House subcommittee on diversity and inclusion that would force companies to quantify their board members by race and gender.
Mussolini smiles...

Posted by magpie 2019-01-07 13:39|| 2019-01-07 13:39|| Front Page Top

#5 If one can identify with non-biological genders what will stop folks from identifying with non-biological ethnic groups? Then it'll make its way to the Supreme Court and we'll end this nonsense (hopefully).

Posted by rjschwarz 2019-01-07 13:57|| 2019-01-07 13:57|| Front Page Top

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