Disney’s CEO took a toxic political positions that hurt Disney’s business.
— Vivek Ramaswamy (@VivekGRamaswamy) April 23, 2022
Normal capitalism: his top 3 shareholders would tell him to knock it off.
Capitalism today: BlackRock, State Street, and Vanguard tell him to keep at it in the name of “ESG” & “DEI.”
That’s the problem.