Ex-NYU Prof Michael Rectenwald: "Woke Capitalism" is a Scam

Truth Jihad Radio · Feb 26, 2022 · 56m

Professor Michael Rectenwald, who prevailed in a free speech fight at NYU a few years ago, recently published “Woke Capitalism is a Monopoly Game.” It begins:“In 2018, Ross Douthat of the New York Times introduced the phrase ‘woke capital.’ Essentially, Douthat suggested that woke capitalism works by substitut­ing symbolic value for economic value. Under woke capitalism, corporations offer workers rhetorical pla­cebos in lieu of costlier economic concessions, such as higher wages and better benefits. The same gestures of woke­ness also appease the liberal political elite, promoting their…