Now lemmy is flooding me with corporate propaganda? Good on the company for doing the right thing, but when I see this same headline in multiple communities on here, it reminds me of reddit.
this post was submitted on 28 Dec 2024
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Is it propaganda, though? How about we celebrate the few nice things going for us and just enjoy it for a second. We should be praising this regardless of our ideals because the world is very far from ideal.
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what kind of cartoon world are we living in that i’m actually on the side of a corporation for once
A cartoon where a corporation is doing the absolute bare minimum to fight racism.
DEI is more than just racism. Lots of marginalized groups that based on race alone.
Costco is the only one
Arizona tea
They'll find a way to fuck it up, I'm sure
Who are these shareholders?? Name and shame
The shareholder is a group called "National Center for Public Policy Research", a far right organization.
https://en.wikipedia.org/wiki/Costco#Ownership
Oops. All Private Equity.
These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason.
Is there any legal way a company can prevent the sale of their stock to a private equity?
Go private and don't have stock traded on the secondary market?
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The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street.
I'm starting to think these private equity firms are bad eggs! /s
It's just bad apples. Landfills and landfills of bad apples. Not even compostable, that's how bad they are.
Not compostable, but they could be ground up to make some fertilizer.
This for all shareholders, all the time. Their laws might care about the corporate veil but we don't.