“Woke Capitalism” is a term describing overt actions and initiatives taken by Corporations and Business Leaders supporting Social and Cultural Issues and Objectives. Recent examples are Coca-Cola and Delta Airlines boycott’s because of the enactment of new Georgia Voting Laws and their verbal and financial support of Black Lives Matter(BLM).
What Influences Woke Capitalism? The managers of businesses who practice “woke capitalism”likely became woke due to their personal views and/or influence from outside political and social justice advocacy groups like BLM. They should also be responsive to requests from their higher management, investors, business partners and key employees to modify or redirect their wokeness.
Why is Woke Capitalism Important? Progressives are generally supportive of Woke Capitalism since it typically helps them gain advantage and accomplish their political and social justice objectives. Conversely, Conservatives feel it is inappropriate to practice Woke Capitalism because business should focus on their “jobs” and the financial well being of their investors and employees. Conservatives also feel business should not align with political or governmental elements./p