Ethan Peck on ‘Managerial Class’ Behind Woke Takeover of Corporate America

Ethan Peck on ‘Managerial Class’ Behind Woke Takeover of Corporate America
A sign for BlackRock on its building in New York on July 16, 2018. Lucas Jackson/Reuters
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In April 2021, large corporations such as Coca-Cola, Delta Airline, and Home Depot rallied against Georgia’s election reform, parroting a leftist narrative that the measure was “racist.” It was seen by many as a manifestation of the “woke” takeover of corporate America, in which a company’s capital is diverted to left-wing causes that shareholders never intended to support.

The driving forces behind this trend, however, were not left-wing activists, but powerful mega-funds seeking to entrench their regime under the guise of wokeness, according to Ethan Peck, an associate at the National Center’s Free Enterprise Project.

Bill Pan is an Epoch Times reporter covering education issues and New York news.
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