Post Capitalism: The Intimidation Of The Corporate Equality Index
Episode Stats
Words per Minute
179.90257
Summary
In this episode of the Human Rights Campaign Foundation's Corporate Equity Index, a rating system for how much American businesses support the LGBTQ+ community, companies like WalMart, Target, and Walgreens are ranked as some of the worst companies in the world for LGBTQ+ issues.
Transcript
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of course you know five days ahead of pride month here they have to signal hard they are putting
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tuck features for uh for male infants on some of their bathing suits and we know like none of this
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obviously is not the babies and the kids asking for it it's their fucked up parents just like
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with bud light they have now lost an amazing amount in market cap nine billion in fact after the pride
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clothing uproar we should protest it and it's an absolute necessity and we and yes it it feels
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good that it's like nine billion like ha ha you know kind of thing that must happen but keep in
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mind these companies are owned by the biggest companies in the world the largest holding
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companies in the world blackrock vanguard so they'll prop them up no matter what it's not
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about money is what you're saying at this point between them between just those two big ones
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there's something like record breaking they're going to be controlling like nine trillion in value
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essentially nine billion compared to nine trillion is nothing you know i mean like that yeah we'll
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we'll lose that we don't care about it but so why do they do this like why do they comply
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to any of this kind of stuff like well what's the reason right they're afraid of something else let's
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check that out real quick here target doesn't care if you boycott their stores they're not afraid of
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you they're scared of a much bigger threat let me explain target's largest shareholders are vanguard
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state street and blackrock these corporations support the corporate equality index or cei this is
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a rating system for how much american businesses support the lgbt community if target ceo does not support
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the lgbt community well then he's not going to be re-elected by the shareholders so sometimes
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corporations like target push lgbt marketing campaigns not because they particularly want to
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or it's good for profits they do it for a high cei score so they face a backlash maybe they lose a
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little money failing to get a high cei is way more scary so this is from the human rights campaign
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here's their executive summary i pulled out a couple of screenshots here right uh in this 20th edition
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of the human rights campaign foundation's corporate equity index a record-breaking 842 businesses
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met all the criteria to earn a 100 rating and the designation of being a 2022 best place to work for
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lgbtq plus equality top-rated cei employers came from nearly every industry and region of the united
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states to earn a top ratings employers took concrete and dedicated steps to establish and implement
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comprehensive policies benefits and practices that ensures greater equity now they not now they
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changed that out right there's the whole thing's calling for equality but now it's equity well we
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need of course yeah equity for lgbtq plus that means pedophiles too uh workers and their families
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the current cei rating criteria had four key pillars non-discrimination policies across business
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entities equitable benefits for lgbtq plus workers and their families supporting an inclusive culture
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and corporate social responsibility that's that's the esg thing right this it's obviously adjacent to
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that but this is is its own beast these are already federally protected categories of workers except
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you're white of course the hrc foundation assesses the availability of routine chronic care and a
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transition related medical coverage for transgender employees and dependents in other words if your
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whole family want to swap out their gender for you to get a hundred percent score you have to have
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these programs running for them isn't that insane yes um driving a sea change in the adoption of
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non-discrimination policies including gender identities and they're comparing 2002 to two decades later in
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2022 and you can see the insane uh participation in this particular program by fortune 500 companies
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well and this is why we say all this uh supposed discrimination against lgbtqp whatever is total
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bullshit when all of corporate america and the largest companies in the world support your degenerate
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lifestyle and of course baked into this is about it's all the pedophile stuff the grooming stuff the
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crazy things right so here's a list of the companies that you should not under any circumstances
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if you can if you if it's humanly possible for you to avoid these corporations these are the one right
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the cei score that they received in the right hand column here obviously the big ones right walmart amazon
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apple ford that's too bad yep but it's at&t walgreens general motors jp morgan chevron corporation
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uh what else verizon right it goes on and on do not support these companies that's that's what
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that's this is what we're getting there right why do they even sign up to this they're actually so
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out of touch right these marketing people these liberals have their uh heads so far up their ass
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right they think their own shit smells good and they think everyone else wants to smell it too when
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it turns out uh they don't and i think they also have this plan where they think they could just
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normalize it and if they push it enough like it's a trend and it's going to catch on for the most part
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people are just get sick and tired and fed up with it because it's not normal and it never will be
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normal this is not the only thing right so corporate equality index that's one thing then
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you have esgs the environment social governance thing we'll read about that in a second then you
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have dei diversity equity inclusion then you have crt in schools and libraries and things like that
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critical race area right so there's tons of these different um gay programs that they're running in
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order to try to get the entire corporate world aboard and it's largely succeeded right so this is what
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it says about the history of esgs here which i thought it was interesting this is from the
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corporate governance institute by the way a 2004 report from the united nations of course titled
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who cares wins carried what is widely considered the first mainstream mention of esg in the modern
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context this report leaned in heavily lee i love that term thank you for that encouraging all businesses
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stakeholders to embrace esg long-term managers directors investors analysts brokers the report
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addressed them all these developments coincided with increased international attention on the same
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issues rapidly people cared more about sustainability respect and diversity in the workplace campaigns on
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these issues haven't waned since well they haven't but now they're beginning to feel that the hurt right of
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actually uh losing out uh some money at least partially that's why i think they're overhauling
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the capitalist system they're like no we're done with that now now we're doing classes of nature it's
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going to be based on natural processes in the environment and is no longer tied to anything
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the old monetary system right that's what they're doing uh but it is fascinating that they got a handful
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of people aboard high up enough behaviors are going to have to change and this is one thing we're going
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we're asking companies you have to force behaviors and at blackrock we are forcing behaviors
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now this is spread and infected the rest of the business community and now everyone thinks this is
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what they have to do to be good you have to signal you have to show how great you are i think it's better
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these big brands continue on that path and just we set up something perpendicular you know what i mean
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yeah because it just seems like every single one of these corporations is owned by lefties it's like
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is there anything really owned by conservatives that's like really big anymore it's smart though
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in a way because you you at least it's not true anymore the flick winning is happening right now right
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as i said now it's like yes it used to be hardcore like you know make the money capitalism you know
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kind of thing somehow they pull this off somehow they managed to convince the largest corporations that
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this is the way to go smaller companies have followed that and now we're right at that cusp
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this could go either way either this will destroy these companies in the business world which i'm
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hoping for or it's just not going to matter because it's all just one entity so whatever they lose
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over here on target they'll make up at walmart or you know what i mean like yeah that's the goal
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