Categories
Update

The Breaking of the Corporate Woke?

Among the biggest stories of the day is the wokification of corporate America.

The update? Corporations’ are pulling back from their activism, at least according to a report in The Epoch Times:

Wall Street titans appear to be having an increasingly hard time reconciling the conflicting goals of progressive activism and shareholder returns.

Until recently, many banks, asset managers, and insurers portrayed these goals as complementary, asserting that climate risk is financial risk and that the competence of management can be assessed by its commitment to social justice goals.

Today, however, those narratives are rarely heard.

Kevin Stocklin, “Corporations Are Losing the ESG Battle, Forcing Them to Hide Advocacy,” The Epoch Times (March 08, 2024).

The story behind the story is perhaps even more interesting, for it shows how easy it is to control America’s corporations: control the investment groups that own most of the stocks.

Which reminds us of Peter Drucker’s claim that socialism was coming to America via retirement funds.

Drucker sounded so . . . optimistic . . . about that. Didn’t he?

But what if socialism is bad no matter how you achieve it?

Categories
Thought

Brian Aldiss

The day of the android has dawned.

Brian Aldiss, “Are You An Android?,” Science Fantasy #34 (April 1959).

Categories
Today

The Mahatma

Mahatma

On March 10, 1922, Mohandas Karamchand Gandhi (1869-1948), activist and theorist of non-violent revolution, was arrested in India, tried for sedition, and sentenced to six years in prison, only to be released nearly two years later for an appendicitis operation.

Categories
Update

Blue Boston Democracy

voting, democracy, alien, illegal, immigrant, noncitizen

The idea that one needn’t be a citizen to vote in America’s local, state and even federal elections is being flirted with in many of the country’s biggest, “bluest” cities. Coverage here, on this site, includes this piece from last year, about the strange political maneuverings in our “Alien National Capital”:

Now the wackos in Washington, D.C., have enacted a non-citizen voting measure that goes further. It allows Russian nationals working for Mr. Putin at their embassy in our nation’s capital to vote on city candidates and ballot issues and welcomes onto Washington’s voter rolls Chinese citizens here promoting Xi Jinping and the interests of his genocidal regime. 

The District of Columbia’s ordinance extends the franchise even to people here illegally, allowing anyone from anywhere in the world able to avoid deportation to cast a ballot. Legally.

We’ve updated this story in a number of ways, but in case you think this isn’t a movement of some kind, here is just one additional city from the current season:

Categories
Thought

Brian Aldiss

A community which cannot or will not realize how insignificant a part of the universe it occupies is not truly civilized. That is to say, it contains a fatal ingredient which renders it, to whatever extent, unbalanced.

Brian Aldiss, Non-Stop (1958).

Categories
Today

William Cobbett & Adam Smith

March 9 marks the 1763 birthday of British pamphleteer and activist William Cobbett. Cobbett was known for his lifelong opposition to authority, and his later-in-life “radicalism,” which included his opposition to Britain’s protectionist Corn Laws as well as his support for Catholic Emancipation. Cobbett died in 1835.

In 1776 on this date, Scottish philosopher Adam Smith published An Inquiry into the Nature and Causes of the Wealth of Nations, which became the first widely accepted landmark work in the field of economics. It was not the first general treatise on the subject, however; that designation almost certainly belongs to banker Richard Cantillon’s Essai sur la Nature du Commerce en Général, cited by Smith in his more famous book. It is also worth noting that Étienne Bonnot de Condillac’s systematic treatise, Le Commerce et le Gouvernement, also saw publication in 1776.

On March 9, 1862, the USS Monitor and CSS Virginia fought to a draw in the Battle of Hampton Roads, the first battle between two ironclad warships. The Virginia was built on the remains of the USS Merrimack, and the battle is often referred to as between “the Monitor and the Merrimack.”

Categories
crime and punishment national politics & policies regulation

Stop the Work Stoppers

Labor Department, gig economy, freelancing

Republican Representative Kevin Kiley of California has introduced H.J. Resolution 116 to block “the rule submitted by the Department of the Labor relating to ‘Employee or Independent Contractor Classification Under the Fair Labor Standards Act.’ ”

116 is a legislative attempt to thwart legislation by regulators.

Labor’s rule is modeled on the AB5 Act passed in California several years ago. Catering to unions, AB5’s idea was to kill the livelihoods of many gig workers or freelancers by making it much harder for companies and independent contractors to deal with each other.

The new rule, too, aims to kill competition with unions and expand the pool of employees who can be unionized.

AB5 caused a firestorm, leading to citizen initiatives, court battles, and victories and setbacks for besieged employers and freelancers. There’s been some backtracking of AB5, in part because sponsoring lawmakers realized that it hurt even favored constituencies. But California is still a land mine for would-be freelancers.

The Labor Department is trying to impose AB5-style reclassification on the national level now that national lawmakers have failed to pass legislation to do it.

These days, the many dictators in our government often regard legislative means of passing legislation as an option only of first resort. If that fails, well, stick it to the people some other way.

So Kiley — and, hopefully, an effective congressional majority — must pass a law saying no, regulators, you may not pass this law in the guise of a regulation.

This is Common Sense. I’m Paul Jacob.

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Categories
Thought

Murray N. Rothbard

The hallmark of crackpot economics is an analysis that somehow leaves out prices, and talks only about such aggregates as income, spending, and employment.

Murray N. Rothbard, “Keynesian Myths,” in Llewlyn Rockwell, Jr., ed., The Free Market Reader (2008), p. 51.
Categories
Today

Slavery and Anti-Slavery in America

On March 8, 1775, “African Slavery In America,” often described as the first known essay advocating the abolition of slavery in America, was published anonymously in the Pennsylvania Journal and the Weekly Advertiser. Thomas Paine (pictured) is believed to be the essay’s author.

The first anti-slavery society was formed in Philadelphia weeks after publication, and Paine was a founding member.

Exactly 120 years earlier, a court in Northampton County of the Virginia Colony ruled that John Casor, then working as an indentured servant to Robert Palmer, must be returned to Anthony Johnson as Johnson’s “lawful” slave for life. Johnson himself was one of the original indentured servants brought to Jamestown, had completed his indenture to become a “free Negro,” and became the first African landowner in the colony. The case marked the first person of African descent to be legally recognized as a lifelong slave in England’s North American colonies. In summary: the first official chattel slave in English-speaking North America was of African descent was owned by a man also of African descent.

Categories
ballot access election law ideological culture

The Colorado Gambit Crushed

Colorado, Trump, election, democracy

The Supreme Court unanimously nixed the clever scheme to keep Donald Trump off the Colorado ballot. The court explained its actions in the second paragraph of its anonymously written March 4th ruling: “Because the Constitution makes Congress, rather than the States, responsible for enforcing Section 3 against federal officeholders and candidates, we reverse.”

That’s it. The 14th Amendment, which the Colorado gambit relied upon, does make Congress the instrument for preventing “an insurrectionist” from serving in office.

So Colorado’s ploy to rig the 2024 election out in the open has been stopped. And good thing, too, since the political repercussions could have been . . . harrowing. 

A lot of commentary and reporting on the ruling has been devoted to pushing what was not covered. Take the CNN article by John Fritz and Marshall Cohen, “Trump’s on the ballot, but the Supreme Court left key constitutional questions unanswered.” It is hard not to interpret such headlines as providing excuses to partisan Democrats — in this case those at CNN — who had put so much hope in Colorado’s (and other states’) taking of the Trump matter into their own hands. 

“But while the unsigned, 13-page opinion the Supreme Court handed down Monday decisively resolved the uncertainty around Trump’s eligibility for a second term,” the article explains, “it left unsettled questions that could some day boomerang back to the justices.”

True enough, but so what? Take the first mentioned: “Could Democratic lawmakers, for instance, disqualify Trump next January when the electoral votes are counted if he wins the November election?”

Well, no. 

The 14th’s third section does not list presidents as barred by insurrection: “No person shall be a Senator or Representative in Congress, or elector of President and Vice-President,” it says. Electors of. But not the President and VP.

I’m sure the Supreme Court would be happy to expedite an opinion to that effect should the Democrats attempt anything that stupid.

This is Common Sense. I’m Paul Jacob.

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