When Big Business Went Woke - YouTube

Channel: PragerU

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Wokeism—the idea that America  is a systemically racist country  
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and that your identity is defined  by your race, your gender,  
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and your sexual orientation—is no  longer about challenging the system.
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Wokeism is the system. 
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Blame the radical academics.
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Blame the college administrators.
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Blame the woke graduates.
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But these aren’t the people  who took wokeism mainstream.
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That dubious distinction belongs to  an unexpected source: Big Business.
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That’s right—the largest companies in America,  the standard-bearers of American capitalism—have  
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injected this virus into the arteries of commerce.
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Our story begins in 2008, following the mortgage  crisis that led to the near-collapse of the entire  
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banking system. Bankers got paid a lot of money  when times were good, but got a bailout from  
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taxpayers when times went bad. No wonder Americans  were skeptical of capitalism, and for good reason,  
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because it was really just crony capitalism.
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The old Left wanted to punish the banks in the  usual way—seize their money and redistribute it  
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to “the poor.” But the new Woke Left added  a new twist. The real problem, they said,  
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wasn’t just poverty or economic injustice. It  was a 300-year history of white patriarchy.
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Ironically, this new idea (you know it as Critical  Race Theory) presented Wall Street with a way out  
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of their PR disaster—a way to go from being  the bad guys to—poof!—becoming the good guys.
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All they had to do was admit that their eyes  had been opened. In other words, they “woke” up.
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You want us to fix global warming?  No problem. You want us to get on  
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board with the transgender movement? Sure,  we’ll do that too. Solve systemic racism?  
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Sounds great, as long as you don’t  talk about systemic financial risk.
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They were happy to add token minorities to their  boards. They were happy to post a black square  
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on their corporate Instagram. They were happy  to preach about climate change after flying  
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on private jets to fancy ski towns. But they  didn’t do it for free. As long as the banks  
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said the right things, they would be  left in peace to make their billions.
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And, abracadabra, like a rabbit  out of a hat, Woke Inc. was born.  
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Things went pretty smoothly, until the 2016  election. The man who won wasn’t supposed  
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to win. And this time, the blame fell not so  much on Wall Street, but on Silicon Valley. 
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But they had Wall Street’s playbook, and  they followed it to a T. The new bad guys  
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(Big Tech) could become the good guys just  like the banks, as long as they made sure  
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the next election went the “right way”; that  is, the way the new Left wanted it to go.
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In exchange, Big Tech would get  to keep its monopoly power intact.
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And that’s the untold story of how modern Big  Tech censorship was born. The newly ascendant Left  
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was able to delegate its dirty work to  private companies to do through the back door  
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what it could not do through the front  door under the Constitution—namely,  
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to censor protected political speech.
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Then came Covid and the death of George Floyd.
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Woke Inc. became the Woke Industrial Complex.
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Now it’s not just Wall Street and  Silicon Valley playing the game,  
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but nearly all of corporate America as we know it.
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Coca-Cola trains its employees “how to be less  white” and issues public statements about voting  
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laws that make it sound more like a super-PAC than  a soft drink manufacturer. Pay no attention that  
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its drinks are a major contributor to the obesity  epidemic. Especially in the black community.
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Nike condemns “systemic racism” in the United  States and donates tens of millions of dollars  
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to Black Lives Matter while it still relies on  slave labor in Asia to make $200 sneakers that  
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they sell to black kids in the inner city  who can’t afford to buy books for school.
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It’s the magic trick of the 21st Century.  Distract the public with its virtue over here  
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while doing awful (but highly profitable) things  over there, including in places like China,  
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where companies including Disney, Nike,  Apple, BlackRock, and the NBA regularly  
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support a brutal regime while continuing  to decry “social injustice” here at home.
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Big Business wins. 
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Woke activists win.
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The Chinese Communist Party wins.
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But Americans lose.
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We lose because when corporations  cynically enforce speech codes and  
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mandate how we act and think, we lose the most  fundamental freedom of all: freedom of speech.
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We’re forced to choose between speaking our  minds and putting food on the dinner table.
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So, how do we stop them?
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Well, you’ve already taken a big first step.  You now know how the magic trick works.  
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So when a woke corporation  tells you how virtuous they are,  
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just laugh and take your business elsewhere.  And then, stand up for your constitutional,  
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God-given rights. And if they  try to take those away…sue ‘em!
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I’m Vivek Ramaswamy, author of Woke Inc.:  
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Inside Corporate America’s Social  Justice Scam for Prager University.