{"id":1950904,"date":"2023-06-19T12:11:02","date_gmt":"2023-06-19T16:11:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vivek-ramaswamy-shark-tank-host-mark-cuban-spar-over-woke-capitalism\/"},"modified":"2023-06-19T12:12:53","modified_gmt":"2023-06-19T16:12:53","slug":"vivek-ramaswamy-shark-tank-host-mark-cuban-spar-over-woke-capitalism","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vivek-ramaswamy-shark-tank-host-mark-cuban-spar-over-woke-capitalism\/","title":{"rendered":"Vivek Ramaswamy and Mark Cuban clash on &#8216;Woke&#8217; capitalism."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fvivek-ramaswamy-shark-tank-host-mark-cuban-spar-over-woke-capitalism%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1950904&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"post_content\">\n<h2>Presidential Candidate Warns Corporations About &#8220;Woke&#8221; Practices<\/h2>\n<p>Vivek Ramaswamy, a 2024 Republican presidential candidate, is sounding the alarm on corporations that engage in so-called &#8220;woke&#8221; practices. He believes that these actions not only <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mounting-evidence-shows-go-woke-go-broke-may-be-more-than-a-mantra\/\" title=\"Mounting Evidence Shows \u2018Go Woke, Go Broke\u2019 May Be More Than A Mantra\">risk alienating customers<\/a> but also contribute to the growing division among Americans.<\/p>\n<p>&#8220;When businesses involve themselves in social disputes, it&#8217;s not just bad for their bottom line&#8230; it&#8217;s detrimental to our civic culture,&#8221; Ramaswamy emphasized during an interview with Fox News on Sunday.<\/p>\n<p>Ramaswamy, who has a background in finance and biotechnology, pointed out recent boycotts targeting Anheuser-Busch and Target for their involvement in LGBT social issues. Anheuser-Busch has faced a boycott since April after sending transgender influencer Dyland Mulvaney personalized Bud Light cans to commemorate their transition.<\/p>\n<p>Target also faced backlash for releasing a line of products for Pride Month, including children&#8217;s books like &#8220;Pride 1,2,3,&#8221; &#8220;Bye Bye, Binary,&#8221; &#8220;I&#8217;m Not a Girl,&#8221; and &#8220;The Pronoun Book.&#8221; Additionally, they introduced women&#8217;s bathing suits with a &#8220;tuck-friendly&#8221; feature. Both companies have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vivek-ramaswamy-shark-tank-host-mark-cuban-spar-over-woke-capitalism\/\" title=\"Vivek Ramaswamy and Mark Cuban clash on 'Woke' capitalism.\">suffered significant financial losses due<\/a> to sustained boycotts.<\/p>\n<p>Ramaswamy&#8217;s criticism of &#8220;woke&#8221; corporate practices was prompted by entrepreneur and &#8220;Shark Tank&#8221; host Mark Cuban&#8217;s comments. Cuban defended the idea of corporations engaging in divisive social and political topics, claiming it&#8217;s good for business.<\/p>\n<p>&#8220;There&#8217;s a reason why almost all the top 10 market cap companies in the U.S. can be considered &#8216;woke.&#8217; It&#8217;s a smart business move,&#8221; Cuban stated in an interview with the Pittsburgh Post-Gazette.<\/p>\n<p>Cuban suggested that businesses facing boycotts should simply wait for the negative backlash to pass. &#8220;Most CEOs know to weather the storm until the news cycle moves on,&#8221; he added.<\/p>\n<h2>America Needs Its &#8220;Apolitical Spaces&#8221;: Ramaswamy<\/h2>\n<p>Even before entering the 2024 Republican presidential race, Ramaswamy has been critical of businesses embracing divisive social and political topics. In 2021, he published a book titled &#8220;Woke, Inc.: Inside Corporate America&#8217;s Social Justice Scam,&#8221; which examines the issue.<\/p>\n<p>Ramaswamy continues to speak out against &#8220;woke&#8221; business practices as part of his campaign. On his official website, he advocates for removing politics from corporate America and capital markets. He has also pledged to overturn a rule implemented by President Joe Biden&#8217;s administration that allows retirement funds to consider environmental, social, and governance (ESG) scoring systems when <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-to-take-action-against-esg\/\" title=\"DeSantis to Take Action Against ESG\">making investment decisions<\/a>, rather than solely focusing on investor returns.<\/p>\n<p>In his i<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vivek Ramaswamy, a 2024 GOP candidate, cautions that corporations embracing &#8220;woke&#8221; practices risk alienating customers and deepening divisions. He argues that such involvement in social disputes harms both business and civic culture.<\/p>\n","protected":false},"author":1759,"featured_media":1950905,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[10013,5673,6154,5200,18538,18539,5558],"class_list":["post-1950904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-capitalism","tag-clash","tag-cuban","tag-mark","tag-ramaswamy","tag-vivek","tag-woke"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1950904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1759"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1950904"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1950904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1950905"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1950904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1950904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1950904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}