Anyone who has spent much time in the academic world knows that most campuses are home to leftist narratives: Capitalism is oppressive and creates poverty; women are always oppressed; America is a hopelessly racist country built on the backs of black slaves; a state-run economy would be more just than private enterprise; if the state controlled healthcare, then we could have unlimited, free medical coverage; and so on.
For a long time, people believed that college campuses were bubbles that held to leftist narratives, but that they would be contained there. However, that clearly has not been the case, especially as the Diversity, Equity, and Inclusion (DEI) movement has migrated from higher education to the corporate world, and, of course, government.
How it infected the business world should be no surprise. As one who taught in MBA programs for more than 20 years, the anti-business ethos has long been a staple of the academic business curriculum. Students in MBA programs have been taught for decades that businesses need to answer to “stakeholders,” which really has meant little more than trying to appeal to anti-business activists. Budding entrepreneurs are taught that seeking after profits is the pursuit of greed and that their efforts should be turned toward social goals.
I can attest to the ravings of the lunatic lefty/Marxist/socialist/communist/murderers in academia. I spent 20 years teaching business and related subjects and saw what THEY wanted delivered to the students. I especially disliked the ”stakeholder” concept that poisoned the thinking of the students to come out of business programs. Stakeholders are people that have no interest in the company succeeding in its mission but demand a say in how and what the company does. Shareholders, entrepreneurs, workers and creditors have stakes in the company, everybody else is only a nosy Parker interloper.