by Janet Levy
American Thinker
Traditional American values have long been under attack by social justice warriors, cultural Marxists advancing the insidious tenets of critical theory. Their “long march through the institutions” has infiltrated schools, universities, entertainment, the mass media, the courts, politics, and beyond. One might assume that business, adhering to the Milton Friedman doctrine of maximizing returns for shareholders, would be insulated from their malign agenda. But that assumption is no longer valid, according to Stephen Soukup’s recent book The Dictatorship of Woke Capital: How Political Correctness Captured Big Business. He illuminates how ‘progressive’ forces have insinuated themselves into regulatory agencies, the finance industry, and corporate America, jeopardizing capital markets and the free-market system itself.
The book traces the genesis of American progressivism to Richard Ely (1854-1943) of Johns Hopkins University. Believing in a confused amalgam of religion, socialism, white superiority, and a paternalistic state, Ely advocated that the state should be harnessed to fix social problems like poverty, alcoholism, racial tension, and child labor in G-d’s name.