Have we reached peak DEI? The unraveling of “diversity, equity and inclusion” initiatives had already begun—five states banning DEI programs; Google, Facebook
and others cutting DEI staff; Students for Fair Admissions v. Harvard—well before Harvard President Claudine Gay was demoted.
Author Christopher Rufo, echoing 1960s student activists, called the rise of DEI a “long march through the institutions”—a 50-plus-year ideology infiltration into universities, K-12 schools, government, media and corporations with the goal of telling us all how to live. That’s why I enjoy that the word “rot” is back in style to describe what is happening inside the walls of academia.
Like everything based on the writings of Karl Marx—seeing oppressors and colonial struggles everywhere—DEI was doomed to fail. The uniformity of thought known as intersectionality, fostered by DEI, meant all oppressed people must support all others who are oppressed. But that idea burst on Oct. 7 when Hamas raped, murdered and kidnapped Israelis. Many liberals, especially Jewish ones, couldn’t support genocidal “colonized” terrorists. Pop! The long march is in retreat.
By the way, ESG, or investing based on “environmental, social and governance” principles, peaked last June, when BlackRock CEO Larry Fink said he would stop using “the word ESG anymore, because it’s been entirely weaponized.” Never mind that performance of ESG funds has been sketchy and that BlackRock had been adding the label “sustainable” or “ESG” to funds and charging up to five times as much. Then a study published in December by Boston University’s Andrew King found “no reliable evidence for the proposed link between sustainability and financial performance.” Pop!
Deeper Dive.