> Public companies with all-male boards based in California now face a $100,000 fine under a new state law.
> Public companies with all-male boards based in California now face a $100,000 fine under a new state law.
Discrimination is not right because you think you have the right motives, the law is also very clear about this.
That's literally what affirmative action is.
No, it's not. Affirmative action does not prevent any company from hiring any white/male/etc. people. All it does is preclude them from hiring only such people when there are qualified minority applicants. Equating a preference (even a mandatory one) to a total exclusion is specious, as is equating situations with and without specific ability-to-perform requirements. It's a false analogy.
That is affirmative action. Don't believe it? Look at the data unearthed from admissions data provided during the Harvard AA lawsuit. Asians must pass a much higher bar than certain other groups.
The question is, if it's not ok for the Country Club, why is it ok for Universities?
This is the government FORCING affirmative action and is most likely unconstitutional.
Corporations have run roughshod over our laws and society for too long. If this sort of law can improve their behavior, I'm all for it.
International Review of Law and Economics
https://www.sciencedirect.com/science/article/abs/pii/014481...
The general movement to joint stock enterprise could not take place until certain economic and legal changes had been effected … The legal change was the substitution of the law of corporations for the law of partnership in company affairs. Investors could then invest safely and full exploitation of the economic changes became possible.
Of course, no thinking person needs to read a legal brief to realize what a gigantic difference exists with respect to liability, between partnerships and corporations. No actual human being is ever held responsible for the evil done by corporations. Therefore, they continue to do more and more evil. Every time we complain, we're lectured that "their only responsibility is to their shareholders!" If that's the case, it's not because God wrote that on a stone tablet. It is directly a result of the statutes that create the corporation. The laws that legislatures pass, they can change.
https://www.npr.org/2018/10/01/653318005/california-becomes-...
https://www.washingtonpost.com/business/2019/11/14/this-stat...