Four Ways To Bring Woke Capital to Its Knees

Four Ways To Bring Woke Capital to Its Knees. By E.C. Knight.

For years, the preferred conservative response to Woke Kapital has simply been to rake it over the coals for its double standards and hypocrisy. But while this strategy might boost Fox News ratings, it is politically useless. Is Woke Kapital chock-full of hypocrites? Of course. Sure, Disney and the NBA have extensive economic ties with Communist China. Yes, Apple makes phones and Nike produces shoes in Chinese sweatshops. …

Woke Kapital is not invincible. It simply has never been properly challenged at all. MAGA can win. Here are four ways to fight back.

Red states must become activist investors:

If you can’t beat them, own them. That’s at the heart of Elon Musk’s daring takeover of Twitter. …

During his April 12 monologue, Tucker Carlson floated the idea of “the pro-free speech public” buying Twitter shares and giving their proxy votes to Musk.

What if red states, and not just Republican voters, accepted Tucker’s invitation and followed the Musk model? The Florida Retirement System Pension Plan is sitting on $202 billion in assets. Texas manages another $35 billion on behalf of State employees and retirees. Ohio, Alabama, and South Carolina, states President Trump carried handily in 2020, all have a combined $180 billion in additional assets. These retirement systems are already invested in public company stocks to the tune of billions of dollars. Twitter’s entire market capitalization of $31 billion represents around seven percent of the combined assets of these states.

Imagine a red-state-owned Twitter. …

And why stop at Twitter at all? …

Red state-managed funds have equity stakes in many other public companies. Think of companies like Procter and Gamble, Coca-Cola, and others. Red state shareholders should be aiming for board seats on these public companies, from which they can carry out a frontal assault on corporate wokeness.

Imagine red state-led, corporate-initiated bans on diversity, inclusion, and equity trainings and support for Planned Parenthood. Imagine opening the corporate email vaults to expose Woke Kapital’s contempt for their own customers and support for left-wing causes. Imagine proposals to shareholders to ban corporate training in critical race theory. It’s all possible, using the same mechanisms progressives used to impose wokeness in the first place. Red state shareholders can remain Woke Kapital’s silent partners, or they can demand change, and fight for the constituents they represent.

Certainly hardened left-wing teachers’ unions will be apoplectic at the thought of their pensions being used for America First ends. What a shame. Don’t you remember all those somber New York Times and Washington Post think pieces from the 1980s where respectable liberal intellectuals carefully considered the consciences of religious conservatives who didn’t want their tax dollars going to fund abortions or art featuring crucifixes dipped in urine? Me neither. If the Right is supposed to sit back and fund Piss Christ, then the teachers unions can watch on helplessly while the taxpayers footing their retirement use the cash to make Corporate America great again. Thin-skinned educators who don’t want to sign up for this can always learn to code.

Drain the media’s copyright swamp:

For Disney, the dam is breaking on its hold on copyright…. Several Republican members of Congress have already said they will not vote to renew Disney’s copyright on old materials. Public opinion looks bleak for Disney. To win, all the GOP has to do is run out the clock on the issue. …

The Constitution gives red states a significant weapon to drain the copyright swamp, a weapon they could use at absolutely any time should they feel inspired enough. [The Eleventh Amendment restricts the power of citizens to sue state governments in federal court, giving states immunity form being sued for copyright breaches.] …

If Ron DeSantis wants to keep scoring wins over Disney and the rest of Hollywood, he could exploit the Eleventh Amendment to bring their content to the masses at no or reduced fees. The same goes for other large legacy media outlets. Red states could publish advertisement-free articles from The New York Times. Unencumbered by copyright, Red states could make the archives of legacy media fully available …

Higher education is also in play. Imagine a world where students at public universities in red states do not have to shell out hundreds of dollars on the latest versions of textbooks. It’s possible. …

All of this may sound over-the-top, but it could work just as well as a threat: Cut back on the wokeness, or the copyright floodgates will be opened.

Red states should hold the drug industry accountable:

Drug pricing is a major issue for many middle-class Americans who rely on medications to treat diseases like diabetes. We have all heard stories of working-class people ruined by the price of life-saving medications, only to look on as drug companies play regulatory and patent games to extend their product lifecycles. Americans pay the price.

What red states should do instead is go into the drug business directly. Unlike private companies, states are not subject to the FDA’s authority. What this means is that, in theory, states could produce their own drugs to meet the needs of their citizens without running the years-long, expensive gauntlet of FDA approval.

What about drug companies and their patents? Well, the same Eleventh Amendment principles applicable to copyright also are in play with patents. …

What about “thou shalt not steal?” Don’t sweat it. Copyrights have always been a privilege granted by the state for the benefit of the public. The Constitution authorizes Congress to create copyrights to promote the progress of science and art. By the same measure, if removing copyright protection would help the public more, our leaders should do it in a heartbeat.

America First Republicans must crush the DIE industry:

Race discrimination claims by white males should be subject to the same standard of proof as everyone else’s. But as anybody unfortunate enough to work in corporate America knows, that’s not the case. …

Congress or the Supreme Court must lift this blatant … double standard. If they do, then Woke Kapital can inherit a whirlwind of Title VII litigation on account of their diversity, inclusion, and equity (DIE) programming. And all it will take is one jury verdict.

If plaintiffs can collect multi-million dollar judgments against companies like Tesla for “racial abuse,” then so should working-class white Americans huddled into Maoist struggle sessions to genuflect on how they are deriving residual benefits from the transatlantic slave trade. States should similarly amend their civil rights laws, if necessary, and extend individual liability to the “professionals” overseeing these hate-filled, Marxist struggle sessions.

He fights!