Vivek Ramaswamy, ‘Shark Tank’ Host Mark Cuban Spar Over ‘Woke’ Capitalism
Vivek Ramaswamy, a 2024 Republican presidential candidate, is warning that corporations that engage in so-called “woke” practices run the risk of alienating their customers and expanding the division among Americans.
“When those businesses wade into social disputes, not only is that often bad for business . . . it’s bad for our civic culture in our country,” Ramaswamy said in an interview with Fox News on Sunday.
Ramaswamy—whose business experience includes working at a hedge fund and founding the biotechnology company Roivant Sciences—noted recent widespread boycotts of Anheuser-Busch and Target for wading into LGBT social issues. Anheuser-Busch has been facing a boycott since April after the company sent transgender influencer Dyland Mulvaney a set of personalized Bud Light cans to mark the one-year anniversary of Mulvaney’s transition….