The Flashpoints of Woke Capitalism: Occupy Wall Street and the SEC — Charles Gasparino — Gasparino identifies the 2008 financial crisis and the ensuing progressive populist backlash, including the Occupy Wall Street encampment at Zuccotti Park, as pivotal

Season 8, Episode 142,   Nov 29, 02:04 AM

Subscribe
The Flashpoints of Woke Capitalism: Occupy Wall Street and the SECCharles GasparinoGasparinoidentifies the 2008 financial crisis and the ensuing progressive populist backlash, including the Occupy Wall Streetencampment at Zuccotti Park, as pivotal flashpoints accelerating corporate woke adoption. CEOs embraced ESG and DEI frameworks, influenced by ideological groupthink at forums like Davos. Corporate leadership adopted stakeholder capitalism as a political defense mechanism against progressive lawmakers including Senator Elizabeth Warren and regulatory pressure. The Securities and Exchange Commission (SEC), particularly under the Biden administration, has begun systematically enforcing woke corporate policies through regulatory authority.
1931