Equity Theory As a (Terrible) Strategy for Growth

Many corporate executives have claimed that embracing “equity” theory at their companies (and, in the case of investment-house CEOs, trying to force equity on companies whether they like it or not) is in the objective, demonstrable best interest of shareholders.

Ok. Let’s analyze that claim.

What equity means is current discrimination now to make up for other discrimination against other people by other people in the past. And it also means dividing national wealth and power by a racial spoils system, with each racial and other identity-based group getting a proportional share, in disregard of individual accomplishment.

 

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