by Robert Malone MD MS, Who Is Robert Malone:
Substituting Merit for DEI justified by Stakeholder Capitalism => Enshittification
Let’s start by getting some definitions sorted out.
Enshittification.
Enshittification is a pattern where online services and products experience a decline in quality over time. It is observed as platforms transition through several stages: initially offering high-quality services to attract users, then shifting to favor business customers to increase profitability, and finally focusing on maximizing profits for shareholders at the expense of both users and business customers. This process results in a significant deterioration of the user experience. A variety of platforms have been described as examples of this, including Airbnb, Amazon, Facebook, Google Search, Twitter, Netflix, Bandcamp, YouTube, Reddit, Uber, and Unity.
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ESG
Environmental, Social, Governance sustainability investment criteria. ESG stands for environmental, social, and governance, referring to a set of standards used to measure an organization’s environmental and social impact.
ESG data is qualitative, non-financial, and not readily quantifiable in monetary terms.
DEI
Diversity, equity, and inclusion are terms used in organizational equality training. DEI refers to a set of values and practices designed to create a more diverse, equitable, and inclusive workplace, organization, or society. Those who promote DEI, assert that it encompasses three interconnected components:
“Diversity: Refers to the presence and representation of different groups of individuals, including those with varying characteristics.
Equity: Focuses on addressing and eliminating systemic barriers, biases, and disparities that have historically disadvantaged certain groups. It involves providing resources and decision-making authority to groups that have been historically underrepresented and marginalized, and understanding the root causes of outcome disparities.
Inclusion: Ensures that all individuals feel welcome, valued, and supported, with transparency in decision-making, hiring, and promotion processes. It involves creating a sense of belonging and addressing microaggressions and unconscious biases.”
By integrating DEI principles, organizations can, it is theorized, foster a more inclusive culture, improve employee well-being, and ultimately drive business success. The truth is that companies incorporating DEI principles do not develop a more inclusive culture or improve employee wellbeing. Furthermore, DEI principles have not been shown to help businesses succeed. They are costly, reduce the number of qualified employees available for hire, and generally do not foster a productive workplace.
The Great Reset.
Is a concept popularized by the World Economic Forum (WEF), “The Great Reset” aims to rebuild the global economy sustainably, equitably, and resiliently in the aftermath of the COVID-19 pandemic. DEI (Diversity, Equity, and Inclusion) plays a significant role in this initiative.
Integration of DEI and The Great Reset
The WEF’s Great Reset Initiative emphasizes the importance of stakeholder capitalism, which prioritizes social and environmental concerns alongside economic growth. DEI is seen as a crucial component of this approach, aiming to:
- Promote equity: Address systemic inequalities and biases, ensuring fair access to opportunities and resources.
- Foster inclusion: Encourage diverse perspectives and voices, recognizing the value of diverse backgrounds, experiences, and identities.
- Enhance diversity: Cultivate a culture of inclusivity, embracing differences and promoting representation in all aspects of society.
Critiques and Concerns
Some critics argue that the Great Reset’s emphasis on DEI might lead to:
- Overemphasis on social issues: Distracting from economic recovery and growth, potentially hindering progress on key economic indicators.
- Unbalanced representation: Focusing too heavily on certain groups, neglecting others, or prioritizing identity politics over merit-based systems.
- Government overreach: Expanding government control and regulation, potentially stifling innovation and entrepreneurship.
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