Econ Journal Watch and Harvard Business Review pour cold water on the silly claim that DEI programs are a rainbow leading to a pot of gold in corporate profits.
Not hiring the most qualified candidate means additional labor costs to the employer, who will need to hire or contract for someone else to perform the actual work the diversity hire is unable to perform.
There is no way that results in higher corporate earnings.
The classical demand is that the state ought to treat all people equally in spite of the fact that they are very unequal. You can’t deduce from this that because people are unequal you ought to treat them unequally in order to make them equal. And that’s what social justice amounts to. It’s a demand that the state should treat people differently in order to place them in the same position. . . .To make people equal a goal of governmental policy would force government to treat people very unequally indeed
Not hiring the most qualified candidate means additional labor costs to the employer, who will need to hire or contract for someone else to perform the actual work the diversity hire is unable to perform.
There is no way that results in higher corporate earnings.
Bingo.
Also, F.A. Hayet said…
The classical demand is that the state ought to treat all people equally in spite of the fact that they are very unequal. You can’t deduce from this that because people are unequal you ought to treat them unequally in order to make them equal. And that’s what social justice amounts to. It’s a demand that the state should treat people differently in order to place them in the same position. . . .To make people equal a goal of governmental policy would force government to treat people very unequally indeed