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L.A. judge rules LGBT corporate diversity law unconstitutional

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Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#41
post #12

Earlier quoted context omitted.

What is stopping employees of a company from getting together and starting a rival, employee owned company?

The current undemocratic nature of capital allocation that disfavors worker-ownership.

You mean the nature of worker owned cooperatives means they exclude potential equity investors from providing the capital?

You understand that you're complaining about the fact that non-workers can't own a cooperative and as such they will not invest in them, right?

You're literally complaining about what you don't want to happen not happening...

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#42

Earlier quoted context omitted.

Not with other systemic issues.

Anybody up for an argument that the government should have custody of and raise all children? I know that’s a non-starter, but if you want to level the playing field for all kids, this is how you do it. Outside of that, you are leaving children to whatever shitty situation they didn’t ask to be born into. I’m not saying I’m for this. I’m not and you would have to kill me to get to my kids. Just seems like the most lo…

> Anybody up for an argument that the government should have custody of and raise all children?

Because that worked really well in Communist Romania. "Let's make sure things are equally terrible for everyone, then we can call that a level playing field" is not sensible policy.

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#44
post #29
post #2

This seems like the right decision (and I'm saying this as an LGBT person). The problem is, it just doesn't seem like legislation is the right instrument for promoting diversity in boardrooms. But what is the right mechanism? I anecdotally recall studies that found organizations with greater diversity deliver better financial results, and that public companies have a responsibility to their shareholders. It's importa…

Quoted post unavailable.

yeah it's almost like the single axis of race isn't quite enough to make full sense of these problems. maybe we could mix in some other forms of identity and access people might have. could call it "union theory" or something idk.

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#46
post #18

Earlier quoted context omitted.

Why would that be the case? AFAIK it's equally probable for a woman/gay/trans person to be born in a wealthy family or a poor family.

The US has a recent history of racial discrimination that prevented a lot of people from building wealth in their communities or generational wealth. Not that there aren't a shit ton of white people living in trailer parks, but no one was denying them home loans because of the color of their skin. So, if owning your own home is a big part of your wealth over a life time, and your parents and their parents were discri…

Sure but here we're talking about LGBT.

I include women because of this:

> I anecdotally recall studies that found organizations with greater diversity deliver better financial results

AFAIK most of these studies focused on "women in boardrooms/leadership"

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#47

Earlier quoted context omitted.

Not with other systemic issues.

Anybody up for an argument that the government should have custody of and raise all children? I know that’s a non-starter, but if you want to level the playing field for all kids, this is how you do it. Outside of that, you are leaving children to whatever shitty situation they didn’t ask to be born into. I’m not saying I’m for this. I’m not and you would have to kill me to get to my kids. Just seems like the most lo…

some grim capitalist realist shit when it's easier to imagine taking everyone's kids away than it is to imagine not structuring society around the exploitation of artificial inequality.

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#48
post #15
post #2

This seems like the right decision (and I'm saying this as an LGBT person). The problem is, it just doesn't seem like legislation is the right instrument for promoting diversity in boardrooms. But what is the right mechanism? I anecdotally recall studies that found organizations with greater diversity deliver better financial results, and that public companies have a responsibility to their shareholders. It's importa…

> I anecdotally recall studies that found organizations with greater diversity deliver better financial results People also tout these studies for getting more women in business leadership. in reality that's a weird argument, women or lgbt or people of color don't need to be better in order to be accepted, they should be accepted by default. Maybe business culture with its rigid and often stupid conventions and deman…

> women or lgbt or people of color don't need to be better in order to be accepted, they should be accepted by default.

And yet they are not. Why not?

> Maybe business culture with its rigid and often stupid conventions and demands has a lot to do with it.

If we look at the history of these groups in the US, Occam's Razor points to simple bigotry as an explanation.

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#49
post #2

This seems like the right decision (and I'm saying this as an LGBT person). The problem is, it just doesn't seem like legislation is the right instrument for promoting diversity in boardrooms. But what is the right mechanism? I anecdotally recall studies that found organizations with greater diversity deliver better financial results, and that public companies have a responsibility to their shareholders. It's importa…

> I anecdotally recall studies that found organizations with greater diversity deliver better financial results

If Hollywood movies start getting a lot better with the new diversity requirements for Oscar eligibility, presumably this will serve as an example for every other industry.

Re: L.A. judge rules LGBT corporate diversity law unconstitutional

#50
post #2

This seems like the right decision (and I'm saying this as an LGBT person). The problem is, it just doesn't seem like legislation is the right instrument for promoting diversity in boardrooms. But what is the right mechanism? I anecdotally recall studies that found organizations with greater diversity deliver better financial results, and that public companies have a responsibility to their shareholders. It's importa…

> It's important to state this because businesses exist primarily to create profits, not promote social movements. Those at the top will often prioritize their feelings over profit potential. Corporations are not true profit maximizers, that's a total myth. It's one of the reasons why WFH wasn't more popular earlier, and why some companies are trying to force back-to-office to the point it causes some of their employ…

It's a myth that I just cannot comprehend.

Do people not go to work and see their managers in action? What makes them think that after just enough career steps a switch happens and people just magically become soulless profit driven AIs?

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