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These 11 major companies caved to the far right and stopped DEI programs (www.advocate.com)

submitted 5 days ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 5 days ago* (last edited 5 days ago) (1 children)

The Coors family started the Heritage Foundation and gave a significant amount of money to dozens of right wing organizations, so I would not consider them "heroes" in any sense. You're losing the plot if you ignore that, for having a perfect score for inclusivity.

https://www.desmog.com/2024/08/14/project-2025-billionaire-donor-heritage-foundation-donald-trump-jd-vance-charles-koch-peter-coors/

https://www.zocalopublicsquare.org/the-1970s-coors-beer-boycott/

[–] [email protected] 3 points 5 days ago (2 children)

Coors Family ≠ Molson Coors

The Coors family are indeed pieces of shit, but they own ~10% of the company. The company is mostly owned by institutional investors. Don't get facts mixed. Coors family is shit? Fact. Molson Coors was a champion of inclusivity? Also fact. These are not mutually exclusive.

[–] [email protected] 2 points 5 days ago* (last edited 5 days ago)

Personally I can't abstract the history of it being a fascist beer, just because it merged with a less fascist beer and various grand children sold their shares so they only own a tenth of the company their grandpa was using to fund the modern conservative movement that seeks to dismantle the very inclusivity it was offering to it's own employees.

I just can't square the circle there, maybe they were mitagating some of the damage they were causing by being inclusive, but calling them heroes is a bit rich for me.

[–] grue 1 points 4 days ago

The company is mostly owned by institutional investors.

This is an (unintentional) euphemism for "the company is mostly owned by regular middle-class folks via the mutual funds in their retirement accounts, but the Vanguard/Blackrock/Fidelity/etc. fund managers have stolen their shareholder voting rights."