Disney s Institutional Capture

The sexual revolution, the Civil Rights movement, the Vietnam War, the assassinations of JFK, RFK, MLK, and Malcom X, the Cold War, stagflation, the Stonewall Riots, Watergate, Roe v Wade, the space race, the Los Angeles riots, September 11th, Hurricane Katrina every major event that took place in American society since Disneyland first opened its gates in 1955 rolled by and the Four Keys remained unaltered. And yet, in 2021, as the nation reopened from lockdowns in fits and starts, the Fifth Key of Inclusion was added. Why now? Why at all?

The short answer is institutional capture, a term that once belonged to economic theory as regulatory capture. In economics, this is a form of corruption that occurs when a political entity, policymaker, or regulator is co-opted to serve a particular constituency and its interests. In business institutions, the process is much the same, only the goal is not to change a regulatory policy, but to turn the business itself into a mouthpiece for an ideology. Disney has been rotting from the inside for quite some time, but the speed with which its public transformation took place is truly breathtaking. Florida was the final straw.

via quillette.com

I see it now! The real culprit is . . . the FED! Actually, I’m only sorta kidding. Is Disney a zombie company? I should look at this. See if there’s a correlation between how woke a company is and its balance sheet. Or maybe you should look at this.