Nasdaq—the tech-oriented stock exchange (no irony there)—is demanding companies listed with it
appoint within the next four years no fewer than two “diverse” directors: at least one woman, and one person from an underrepresented racial or ethnic group or someone who identifies as LGBTQ. Any company failing this requirement would be obligated to explain why.
The SEC must approve the demand before it has legal effect, but look for the Biden SEC to grant that.
Nasdaq, and the rest of the social justice warrior-ettes and virtue-signalers, miss the point of diversity, though. Or they don’t miss the point; they just don’t care.
Diversity of thought, diversity of approaches to problem solutions, most assuredly is something desperately needed in the boardroom. And in the C-suites, in middle management, on the production floor. And in schools, legislatures, and other political entities. (Voucher and charter schools already have this kind of diversity, in the main.) And in the mainstay of our private economy, mom-and-pop and other small businesses. Diversity of irrelevant characteristics like race, gender, or anything other will fall out of hiring for diversity of thought.
That’s even the logical outcome of those who push for diversity based on those irrelevant characteristics: all men are fundamentally equal in capability, these worthies say, regardless of color, gender, or….
Diversity done for the sake of diversity of race, gender, any other form, however, is just bigotry for the sake of bigotry, regardless of claimed purpose for the bigotry.