170 points

It’s just plain weird to me that this isn’t seen as the lowest bar in the world, but I’m definitely still taking the W.

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67 points
*

Orphan-crushing machine refuses to accelerate crushing orphans is a now feel good story yet again.

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47 points

This false dichotomy of all or nothing merely benefits the status quo.

A small improvement is better than no improvement and all progress has to start with a first step, somewhere, somehow.

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21 points
*

But this isn’t a small improvement.

The DEI policy was already in place.

When that got enacted was the improvement.

This is just not a step backward.

A step forward would be something like… we’ve restructered into a democratically run co-op, in a tri cameral structure, your costco membership now grants you a vote in something approximating the US House of Representatives, employees now all get votes in some higher authority body approximating the Senate, and then the board of directors acts as a multi person executive branch.

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9 points

How is Costco an orphan crushing machine?

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7 points
*

Costco is slightly less egregious than its counterparts, but it is still very much a part of the system and went along with the insane profiteering price increases on essentials.

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17 points

It’s not that it’s such a great act in itself, it’s no where near enough.

But.
This is a significant win as a large, profitable and respected company is seen to be doing something so insignificant and get such good marketing results. This is the best kind of encouragement we can give to the souless retail machine 😉 And yes… “We will sing your praises if you just follow basic laws” is a pretty low bar, but here we are 😄

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-18 points

Sort of. These policies are really a mixed bag. A lot of fire departments in the 90’s were doing affirmative action things and wound up having to stop because it was getting people hurt and things were burning.

Turns out if there’s a job that’s actually important, you should probably hire the best people for the job. Not the best “of certain demographic” that applied.

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23 points

That’s been disproven multiple times. The issue was the fire departments were not training the Probies with any real HOT because they didn’t want them.

https://www.iafc.org/docs/default-source/1vcos/iafc_dei_study_report_final.pdf

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6 points

was getting people hurt and things were burning.

What are you even trying to say?

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0 points

They went from hiring and promoting based on testing, to hiring and promoting based on ethnicity and gender. So if ten people applied and tested for a captains position and the four highest scoring applicants were white guys, they’d promote number 5.

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71 points

what kind of cartoon world are we living in that i’m actually on the side of a corporation for once

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41 points

A cartoon where a corporation is doing the absolute bare minimum to fight racism.

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18 points

DEI is more than just racism. Lots of marginalized groups that based on race alone.

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9 points

They’ll find a way to fuck it up, I’m sure

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7 points

Costco is the only one

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Arizona tea

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54 points

What is DEI?

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64 points

Diversity, Equity and Inclusion. Programs, most often hiring, promoting those values

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12 points

Questions against it is usually bigoted. It seemed to be the popular MAGA dogwhistle this election.

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36 points

It’s not really a dogwhistle, DEI is diversity, equity and inclusion - they’re outright saying they don’t want diversity equity and inclusion.

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14 points

DEI is a dog whistle in that for conservatives it means woke. They want companies to continue oppressing non white, non-cis, non-hetero people. Or at the very least, not actively elevate them.

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7 points

It’s why they only use the initials.

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8 points

American History X has a scene about it, although racists were programmed with different words 30 years ago.

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-4 points

I think it’s a sporting goods store

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36 points

Trying to Save Yourself from Discrimination Lawsuits is WOKE and BAD BUSINESS! REAL American Companies OPEN themselves UP to Discrimination Lawsuits WILLINGLY!

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33 points

Who are these shareholders?? Name and shame

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44 points

The shareholder is a group called “National Center for Public Policy Research”, a far right organization.

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40 points
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25 points

I’m starting to think these private equity firms are bad eggs! /s

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7 points

It’s just bad apples. Landfills and landfills of bad apples. Not even compostable, that’s how bad they are.

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5 points

The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people’s retirements and savings are held by vanguard, blackrock and state street.

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1 point

These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason.

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Is there any legal way a company can prevent the sale of their stock to a private equity?

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4 points

Go private and don’t have stock traded on the secondary market?

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1 point

You can’t restrict the sale of stock, typically, but there are some provisions that can be adopted to make things more resilient. Check out “Poison Pills” on Wikipedia

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7 points

This for all shareholders, all the time. Their laws might care about the corporate veil but we don’t.

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