This August marks five years since the Business Roundtable redefined the purpose of a corporation to serve “stakeholders” (Black Lives Matter, the LGBTQ+ agenda, etc.) This redefinition has shifted American business leftward and diluted the lifeblood of successful companies: making products people want to buy, ensuring those products are of high quality, making a profit, and delivering solid returns to shareholders.
Daniel Cameron, CEO of 1792 Exchange and a former Kentucky attorney general, said 1792 Exchange is helping to bring companies back to political neutrality, or, in Cameron's words, “common sense.” The 1792 Exchange CEO praised the growing number of companies abandoning left-leaning environmental, social and governance (ESG) and diversity, equity and inclusion (DEI) policies.
Cameron said: Breitbart News Daily Host Mike Slater said, “We've seen Tractor Supply – kudos to their CEO, Hal Lawton – we've seen companies like John Deere, Harley Davidson, Brown-Forman (Jack Daniels) making decisions. We've also seen a lot of people in the tech industry leading a movement back to the center on issues like ESG and DEI. They're doing away with these DEI policies because they know that at the end of the day, companies don't have to be built on diversity, equity and inclusion, they have to be built on merit, excellence and intellect.”
Cameron also pointed out that five years ago, the Business Roundtable, which acts as an organisation for CEOs of major companies, decided to redefine the purpose of companies from profit-making to serving left-leaning interests such as Black Lives Matter.
He said this left-wing movement has led many companies to support Black Lives Matter, including “Dylan Mulvaney and Disney, who are using their judgment and decisions to fight common sense laws in the state of Florida,” and noted that major CEOs and companies have donated $82 billion to Black Lives Matter.
The 1792 Exchange CEO also pointed out that Larry Fink, CEO of BlackRock, the world's largest asset manager, wants to disrupt the fossil fuel industry within the next few decades.
“This all came about because the Business Roundtable wanted to transform and redefine the purpose of business,” Cameron said.
Daniel Cameron, CEO of 1792 Exchange and former Kentucky Attorney General (Photo courtesy of 1792 Exchange)
Recent polls have found that Americans are increasingly shunning companies with political leanings.
A July Rasmussen poll found that 48 percent of Americans believe DEI programs discriminate against white men, and an August Gallup survey found that Americans are increasingly tired of companies meddling in current political events.
Cameron said: Breitbart News Daily Listeners are “taking notice,” and thanks to some “brave and courageous” CEOs, “we're going to bring them back to neutral.”
Breitbart News Daily airs on SiriusXM Patriot 125 from 6 to 9 a.m. ET.
Sean Moran is a policy reporter for Breitbart News. Follow him on Twitter. Sean Moran 3.
