Not your campaign 2

Fortune mag says the anti-DEI movement has gone mainstream.

In all of these cases, ideologues are mischaracterizing the goals of diversity, equity, and inclusion initiatives. Their strategy is working: critiquing DEI has become more mainstream. Increasingly, even people who likely support some of the most common and visible examples of these efforts (parental leave, fair pay, and hiring processes that promote objectivity and mitigate bias) are questioning whether the movement that produced these policies has gone astray.

DEI was always intended to enrich the rich and divide the poor. Alinsky made his intentions clear, and his implementers Piven and Cloward were also clear about the goals.

DEI became mandatory after 2000 because Blackrock and other huge sources of Share Value cash made it mandatory. A company that wanted its slice of the pie had to play DEI. Now that QT is finally drying up the infinite cash fountain, DEI is suddenly less important, and real business for real profit is starting to re-emerge.

Fair pay was never part of DEI. Fair pay was pushed by unions and Social Economics. Henry Ford did more for fair pay, and more for black prosperity, than all the “rights” agitators combined. “Diversity” and “environmental justice”, also known as DEI and ESG, have combined to abolish the jobs that Fordism created. That’s EXACTLY AND SOLELY what these movements do. They move the jobs to China and India, where “environmental” and “diversity” laws are nonexistent for the same reason that the laws are mandatory here.

If Blackrock and Amazon and Apple are enforcing a policy, you can be certain the policy is NOT meant to help workers of any color. It’s meant to help Larry Fink and Bill Ackman and Jeff Bezos. NOBODY ELSE.

The anti-DEI movement wasn’t getting anywhere until Powell turned off the faucet that was feeding Blackrock and the lesser VCs and shorters. We shouldn’t be thanking the movement, we should be thanking Powell and his colleagues at the British and EU central banks, who decided for inscrutable reasons to turn off the counterfeiting press for a while.

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Related but in the opposite direction: Blackrock and Goldman have adopted Bitcoin. The coiners are cheering that Their Campaign has finally gone mainstream. Nope, it wasn’t your campaign. Some of the campaigners were undoubtedly paid by the VCs and shorters to bring in more suckers to feed Larry Fink. From the start the Deepstate connection of Bitcoin was clear. Deepstate is banks, intel agencies, big data, and activists.