Why the conservative case against stakeholder capitalism is faulty

There is a groundswell of support for stakeholder capitalism among corporations. But with the movement’s success comes a backlash from conservative voices. Peter Vanham focuses on one such voice, expressed in the book Woke, Inc.: Inside Corporate America’s Social Justice Scam, by Vivek Ramswamy, who decries America’s turn to stakeholder capitalism. According to Vanham, Ramswamy loses the plot in equating the stakeholder philosophy with “wokeism”.