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Main Paineframe
Oct 27, 2010

oliveoil posted:

Musk replied to this tweet and it reminded me of this thread:

https://twitter.com/TexasLindsay_/status/1665440977824231438

"Behaviors are gonna have to change and this is one thing we're asking companies. Uh you have to force behaviors. At BlackRock we are forcing behaviors."

This time it's for a good cause but I find it somewhat strange that a company that owns a piece of pretty much everything we interact with claims to be able, willing, and actively "forcing behaviors" if I've understood this right.

They don't even seem like a majority shareholder so it's bizarre to see them "forcing" anything but maybe they can do stuff like threaten to sell one company and support a competitor or something. I'm not rich and I don't know what options come with having lots of money so it's hard to understand how they can claim to "force" things but it's bizarre to see an unelected group of rich people with influence over every part of our society implying they use that influence to make things the way they want them to be.

I feel like they can openly talk about it in this case because they're doing good things this time but I don't trust rich people in general so it's hard to believe they're not using that influence in bad ways and simply being quiet about it.

It's entirely possible that a tweet from a massive open bigot reposting a video clipped by @EndWokeness from a six-year-old interview might be taking things out of context to exaggerate stuff, and you probably shouldn't take its given framing at its word. Even if the video seems to back it up at first glance, this is an incredibly untrustworthy source so it's worth thinking very closely about it.

In any case, watching the clip through and ignoring the framing, it seems fairly clear that the talk about forcing behaviors is in terms of what companies need to do internally to improve on diversity themselves - that they can't just leave it up to empty aspirational talk and hope their middle managers go along with it, they have to establish clear guidelines and incentives for management and employees. Pay close attention to the wording, especially in the first half. He's not talking about forcing companies to adopt these behaviors, he's talking about asking these companies to force these behaviors on themselves, and cites as an example how BlackRock forced themselves into the desired behavior by establishing a clear expectation for managers and employees and hinting at consequences if those expectations weren't met. In other words, he never actually says that BlackRock is forcing companies to do anything.

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