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WAR ON 'WOKE'
Newsweek Europe
|August 15, 2022
As a growing number of companies adopt liberal causes from abortion rights to racial justice, conservatives are fighting back

JEREMY BOREING HAD NEVER PLANNED to get into the razor business. That changed in March when online shaving gear seller Harry's yanked its ads from his conservative news site over what it called "inexcusable" views and a "values misalignment" relating to the LGBTQ+ community.
The Daily Wire CEO launched his own line of razors in March under the Jeremy's Razors brand-selling products remarkably similar to those of Harry's.
"They left us for saying boys are boys and girls are girls," complained Boreing, whose news site is known for its podcasts with conservative commentator Ben Shapiro.
The battle of the razors is the latest in a growing war against "woke business" by conservatives who are starting their own companies or investment funds, using activist shareholder tactics and drafting legislation to target firms espousing liberal causes. The goal: to force executives to focus on profits rather than changing the world-or, at least, not changing the world in ways that align with liberal values.
The issue has taken center stage recently as a number of high-profile companies including Disney, J.P. Morgan, Levi Strauss and Microsoft announced plans to cover travel expenses for employees seeking an abortion in the wake of the Supreme Court's reversal of Roe v. Wade. That followed other headline-making cases of businesses speaking out on social issues, such as Disney taking a stance on legislation in Florida restricting classroom instruction on sexual orientation and gender identity and dozens of companies from Silicon Valley to Wall Street pledging to fight racial injustice after George Floyd's death in 2020.
This story is from the August 15, 2022 edition of Newsweek Europe.
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