The Putrid Underbelly of Woke Capitalism
The Putrid Underbelly of Woke Capitalism Michael Rectenwald Corporate intrigue reached a fevered pitch on May 6, 2023, in Omaha, Nebraska, when a shareholder was arrested during the annual shareholder meeting of Berkshire Hathaway. The shareholder challenged the affiliation of Warren Buffett with the Bill and Melinda Gates Foundation and Bill Gates’s association with Jeffrey Epstein, who was convicted in Florida for procuring a child for prostitution and soliciting a prostitute, and who reportedly committed suicide in a New York jail while facing charges for sex trafficking and conspiracy to engage in sex trafficking. Peter Flaherty, the chairman of the National Legal and Policy Center (NLPC), stood to offer proposal number eight, which called for the roles of Berkshire CEO and chair to be separated and held by two persons. Flaherty argued that the separation of roles was necessary so that Berkshire “would be less identified with Mr. Buffett’s personal poli...