Anti-‘woke’ investor Vivek Ramaswamy joins GOP presidential race

Vivek Ramaswamy, a multimillionaire biotech firm founder and investor, stated Tuesday that he’s getting into the 2024 Republican presidential nomination race.

The native of southwestern Ohio has criticized what he calls woke capitalism, together with funding based mostly on environmental, social and corporate-governance rules. Under ESG, people search to spend money on methods in line with their very own values and to profit from development in sectors similar to renewable vitality.

Ramaswamy, 37 years previous, stated he’s launching a long-shot bid because the nation faces an identification disaster over what it stands for and the place it must go. “If you ask people in my generation, really any generation, what does it mean to be an American today, you get a blank stare in response,” he stated.

In an announcement video, Ramaswamy stated the “woke left preys on that vacuum” and tells Americans that their race, gender and sexual orientation “govern who you are, what you can achieve and what you are allowed to think.”

Ramaswamy is the creator of “Woke, Inc.: Inside Corporate America’s Social Justice Scam.” He is co-founder of Strive Asset Management, which launched final 12 months with backing from the billionaire investor Peter Thiel and calls on firms to give attention to excellence over politics.

An expanded model of this report seems on WSJ.com.

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Source web site: www.marketwatch.com

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