I don’t understand this statement, and it is demonstrably untrue. I went down to the local Circle K for coffee this morning. I have no idea about their position on human rights or if they even have one. I just wanted a coffee. If your kid wants to see Mickey Mouse, I doubt that anyone peruses their public policy positions on the war in Ukraine. Most people do not give two shits about a corporate policy.
You may choose not to educate yourself. You may not give a shit whether a particular corporation takes a stance on human rights. You are not everyone. You’re not most people. You’re not even a whole lot of people. You are one person who doesn’t care.
And you, and people like you, are becoming outnumbered by the people who do give a shit.
As a consumer and fellow owner of Disney, I strongly diagree.
Disney, if you ignore the societal trends towards sociel justice, you will be abandoned by your consumer base, losing revenue and violating your fiduciary duty to me.
I guess since we both own Disney shares and have given the company opposite directives, it will now explode like a cartoon robot told to divide by 0.
Well, that’s one of the many differences between a franchised convenience store and a multibillion dollar entertainment company.
Would you watch a new movie produced by Harvey Weinstein, starring Bill Cosby and Kevin Spacey? Many people would not, no matter how good a movie it is. The actions of those in and around the entertainment choices we have do matter.
And from the other side, would you work on a movie with Weinstein, Cosby, and Spacey? Many would not.
So, Disney has two groups of people it has to appease, its customers and its employees. By not buckling to discriminatory fascistic policies, they appeal to large segments of both. This position is calculated by the board of directors in pursuit of a better bottom line.
They aren’t doing this out of a sense of “wokeness”, they are doing so out of their fiduciary duty to their shareholders. The point that you are trying to make here is that you think that you know better, that you can run Disney better than they can. You are a shareholder, you have the right to send them a letter explaining how they are Mickeying wrong.
If “wokeness” was bad for business, the multitude of big companies who have been cultivating “woke” images and policies over the last several years would have seen their bottom line suffer, and changed their policies.
AFAICT, this hasn’t happened at all. Acting “woke” has been demonstrably good for business, so it should be no surprise that Disney is hopping on this train.
@UltraVires, you’re just way, way wrong on the facts here.
The corporations in which you hold shares make business decisions All Day Long, Every Single Day.
If you like the results, you maintain your stake in their business. If you don’t like the results, you always have the option to divest from their company.
It is interesting that you view this business decision as radically different from the innumerable decisions that corporations make every single day, including whether to contract with vendors that use horrible business practices, or whether to buy goods manufactured in factories that have lousy track records of labor and environmental practices.
Disney hasn’t singled this one out. You have. It may well be that you don’t happen to like this particular stance that the mouse is taking (despite you accusing the left of doing the same thing).
Yep. You can think “woke” is ridiculous and personally be the most un-woke person ever, you could even actively be racist or misogynistic or homophobic or antisemetic, yet still support your company putting out “woke” messaging for purely cynical reasons.
In fact, I’m reasonably confident that at least in some of these corporate cases, that’s exactly what is happening. Personally held racism by higher-ups can’t get in the way of the bottom line.
Yes I am, and any suggestion of “fascism” in those bills are an absurdity and really denigrate the victims of real fascism.
No. But I do know that they are injecting their own personal woke opinions into a political debate. Bad form when their job is to run the fun park and sell Mickey Mouse.
I’m going to say something that Pete Buttigieg said.
Suppose he and his husband decide to raise their children in Florida, and in kindergarten, they gather around in a story circle and the teacher asks everyone how their weekend was.
If the son says, “I had a terrific weekend with my dads,” what’s the teacher supposed to say? “No, we don’t talk about that here?” Even something as innocuous as that?
How do I “know” that they are injecting their opinions into it? Because they are. What does Exxon, for example, think about the ridiculously named “Don’t Say Gay” bill?
Really?? Seriously? The park would be subsumed by the swamp in short order without the hard work of gays and lesbians? Please. I’m trying to be reasonable and understanding but you all are coming up with this sort of shit.
ETA: And I keep being duped. It’s not barring gay and lesbians from the park; it is about teaching it in K-3.
The entire point of shareholder owned corporations is that the board and executives wager the money on your behalf. If you don’t think they’re making the right wager, then sell your shares or vote them out, but it’s complete nonsense to complain about the fact that they decide how the company is run. They ALWAYS do that, it’s what the entire corporate structure is based on.
It starts with marginalizing and othering groups of people.
So, you have access to better data and analysis than the Disney board of directors has?
This wasn’t a decision made on a whim. They did studies and had meetings and conferences, I’m sure they spent more money than we will ever see in this effort. They figured who they would upset if they took one stand or another, or if they took no stand at all. And in the end, their calculous determined this as the best move to continue to make buckets of money for themselves and their investors.
Maybe they were wrong, and if you think so, point them to the studies that show that they will lose money for this decision. If you think that they made a bad business decision, then you should probably sell your stake in them to someone who thinks they made a good one.
But your repeated insistence that the board of directors did this because they are personally “woke” is a strawman that is no longer interesting, nor worth responding to an nth time.