I got an unexpected magazine subscription at work. After taking care of business, I noticed an article entitled "How 'Business for Good' Went Bad." As I suspected, the article discussed the rise and decline of "stakeholder capitalism" more popularly called "woke capitalism."
Economic historians agree that what caused all the big corporations to "go woke" was a blueprint from the World Economic Forum after the housing market crash in 2008 and the Occupy Wall Street protests in 2011.
While I discuss the article, I explain the real reasons for the 2008 crash in the first place. A misunderstanding of how markets work led to what we see today: large companies sponsoring "Pride parades" and narcissistic social media influences, as if they're charities for virtue.
We are currently witnessing a decline in "woke" as families and conservative influencers and politicians have openly exposed degenerate activities that destroy the lives of children. The "virtue" from "woke capitalism" turns out to be anything but.
Sources Cited:
James Surowiecki, "How 'Business for Good' Went Bad," Fast Company, Summer 2025.
"At O'Hare, President Says 'Get On Board,'" The White House, September 27, 2001.
"Bush Brings Bailout Bill Home," CBS, September 29, 2008.
"George W. Bush Abandoned the Free Market to Save the Free Market," Cole Chesnut, January 20, 2022.
"'Florida is where woke goes to die': Republican Ron DeSantis re-elected as governor," Guardian News, November 9, 2022.
"Dylan Mulvaney Bud Light Beer Commercial Original," 4thphaseofmalaise, April 14, 2023.
Vivek Ramaswamy, Woke, Inc.: Inside Corporate America's Social Justice Scam, (New York: Center Street, 2021), pp. 21,24.
Scriptures Referenced:
Galatians 5:9
Isaiah 5:20-21
Matthew 19:4-6
Acts 17:26-27
Ephesians 6:11-12
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