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Jan 24 2020

How Goldman Sachs Imposes Cultural Marxism on Other Companies

The malignant discrimination inherent in identity politics is becoming inescapable. As with attacks on the Second Amendment, the private sector is as much a threat to freedom as Big Government. For example, Goldman Sachs demands that other companies select board members based on their membership in politically preferred identity groups:

Goldman Sachs CEO David Solomon told CNBC on Thursday his investment bank will help companies go public only if they have at least one “diverse” board member.

Only one allegedly oppressed board member would be a token. No worries; Goldman Sachs will soon demand that companies add more.

“Starting on July 1st in the U.S. and Europe, we’re not going to take a company public unless there’s at least one diverse board candidate, with a focus on women,” Solomon said on CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland. “And we’re going to move towards 2021 requesting two,” he added.

Why stop there? They could signal even more virtue by declaring that no board members can be white men unless they are Muslim or homosexual. According to trendy ESG ideology, that would surely increase the return on investment.

The result of the growing discrimination against white men is that potential board members will be denied positions in favor of less qualified candidates who check the right boxes on the Cultural Marxist scorecard. Either that, or boards will be packed with dummy members who are there only to meet the quota. Neither favors efficiency.

On a tip from Ed McAninch.

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