If Wharton School of Business’ decision is any indication, Diversity, Equity and Inclusion (DEI) as well as  Environmental, Social and Governance Factors for Business (ESG) are here to stay.

Wharton was the first school of business in the country, and is currently ranked #1 by US News, for what that is worth.

Corporate America has gone all-in on DEI and ESG, and despite a growing backlash the trend has shown no signs of slowing. Big Tech, Big Finance, Big Media, and even Big Razors have all jumped on the bandwagon. Everybody knows that Disney has been “queering” their content, corporations are shipping their female employees off to get abortions, and virtue signaling against Western countries (not China or the Middle East, of course) has become an epidemic.

Until recently this has been a result of corporations handing over their HR departments and lobbying shops to liberal arts majors, but now Wharton is jumping in to make money off the trend of destroying corporate America’s ability to make money and serve consumer needs and desires.

Apparently they have no problem with the “Go Woke, Get Broke” reality for many businesses. Their real customers are the Davos crowd and Leftist politicians, not ordinary Americans.

Over its nearly 150 years as the global leader in business education, the Wharton School’s continued curricular evolution remains a cornerstone by which the School’s excellence is sustained. This month, as the University of Pennsylvania’s fall semester unfolded, Wharton again applied this philosophy in acknowledgement of the rising relevance of two burgeoning industry priorities.

Wharton’s Curriculum Innovation and Review Committee (CIRC) voted to approve the introduction of two official curricular designations to the School’s existing fold of robust and renowned educational opportunities: 1) Environmental, Social and Governance Factors for Business (ESGB), and 2) Diversity, Equity and Inclusion (DEI). Both ESGB and DEI are available to function as either a concentration at the undergraduate level or a major at the MBA level, and will see its first students graduate in May 2025. This decision came in response to the extensive undergrad and graduate-level interest in coursework devoted to these developing areas in business. As Deputy Dean Nancy Rothbard puts it: “We are proud and delighted that Wharton will be offering these new concentrations and majors, supported by the School’s world-class evidence-based curriculum. We look forward to seeing what our graduates accomplish.”

Wharton had already gone all in on destroying America’s ability to be self-sustaining in energy production, and all indications are that they have been having success. Americans, Europeans, and people all around the world face a winter of energy shortages, skyrocketing bills, and for some freezing in the dark. Now they can extend their successes to mutilating children, reduced food production, and cricket farming.

As Wharton’s existing Business, Energy, Environment and Sustainability (BEES) concentration/major is highly popular, it is set to continue as a specialization within the new ESGB concentration/major, in addition to a new specialization called Social and Governance (SOGO). ESGB will be jointly administered by three departments – Legal Studies and Business Ethics (LGST), Management (MGMT) and Business Economics and Public Policy (BEPP). Vice Dean of Entrepreneurship Lori Rosenkopf notes, “While the Management department has offered relevant coursework in this area for some time, we were delighted to create this new major for MBA students and new concentration for undergraduate students.” Thus, the DEI concentration/major will be administered by the management department, and will explore issues such as equality and discrimination from an organizational content.

Vice Dean of Wharton’s ESG Initiative Vit Henisz reminds us that “Mobilizing business to address ‘social problems incident to our civilization’ was the rallying cry of our school’s founder Joseph Wharton.” In this spirit, the Wharton community celebrates the future students of these concentrations and majors, and looks forward to welcoming them to campus in September 2023.

The beauty of capitalism as an economic system is that it is extremely efficient at fulfilling people’s needs at prices that people can afford. Every step down the path of diverting a business’ focus on making a profit actually makes ordinary people’s lives worse. Competition serves the purpose of increasing efficiency, and allows consumers to express their collective values through their individual choices.

Capitalist economies don’t eliminate the consideration of moral values from the equation–they allow people to aggregate their values and steer corporate decisions through the market. The current fad for DEI and ESG subverts this process and replaces the values of most members of society with those of an elite group.

Which is precisely what it is intended to do. DEI and ESG are two of the many tools the Davos elite use to steer society in their preferred direction. You know, the shivering in the dark while eating crickets dystopia they envision for you and me.