The Displacement of the Straight White Male

by Dr. Paul Craig Roberts

The Nasdaq stock exchange has told its listed companies that they must appoint to their boards a “self-identified” female and a lesbian or transgender or some other sexual deviant or be delisted from the stock exchange.

Think about this. A stock exchange has no right to structure the corporate boards of the companies listed on the exchange. That decision is for the boards and the shareholders of the companies. It is none of Nasdaq’s business. If a company’s shareholders and board think that having sexual deviants on their boards would improve the company’s performance, they can search out such people who might make a good board member. But it is none of Nasdaq’s business.

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