With some trepidation, I have tried to put myself in the shoes of some of my more social justice oriented acquaintances to compile a weekend links that reflects their interests. I’m not going to throw in many critiques – that’s your job. I don’t do pics and videos. Sorry.
Diversity and Inclusion
Inclusion used to mean making disabled people more able to participate in society. It now means anyone who is not part of the majority. In a diverse society like Australia, like it or not, inclusion is not an option for most businesses. Searching for “inclusion australia” still yields a lot of disabled oriented results. Here are some examples from the broader definition.
The Diversity Council of the Australia did a survey which said that 66% of organisations had a designated manager with diversity and inclusion responsibilities. Of these, 70% were women and typically have and HR background and report to HR.
Diversity benefits are said to include:
- Increased productivity
- Increased creativity
- Increase in marketing opportunities
McKinsey published a report called “Diversity Wins” in 2020. They suggest a correlation between diversity and financial performance. You can see the infographic and links to the report here:
Boston Consulting published a report in 2018 which reached a similar conclusion. “How Diverse Leadership Teams Boost Innovation” can be found here. It has a nice chart showing the effect of different types of diversity in leadership teams in the companies studies impacted the results.
The University of Melbourne cites a 2017 McKinsey diversity report along with some potential pitfalls to avoid on the road to diversity here: https://www.unimelb.edu.au/professional-development/insights/society/making-diversity-matter-for-business-outcomes
Points will be awarded for those who can spot any flaws in the reasoning of these linked pieces. It’s important that weaknesses in arguments for maximising diversity be brought out into the open so that they can be dealt with appropriately. Extra points for supplying data that either confirms or contradicts the claims made.
The ABC publishes a steady stream of articles on their news site addressing the plight of international students, particular those from India, resulting from Australia’s closed border. Many are human interest stories. The results are markedly different for searches on Chinese student news. Is this a form of racism at play in the ABC?
Everyone knows that vaccines are the best way for the world to defeat COVID. Here’s a lovely chart that shows the progress of vaccination around the world:
Behind this rosy picture, the technology that underlies COVID vaccines could be used as a bioweapon. These papers explore some of the possibilities.
and to cure cancer:
If #getwokegobroke is a thing, maybe woke corporate press releases are tradable.
On the other hand ethical investing can do quite well: https://blog.stockspot.com.au/sustainable-ethical-etfs/
Elon Musk saying a few weeks back that BTC’s use of electricity was a bad was part of the fall from $64k to $30k. Now, BTC seems to have levelled out and is holding $36k quite well. Doomsayers had it going back to $20k. I sold mine. If it gets back above $40k and holds it, might be worth another look.
Gold is holding close to $1900. A strong uptrend for a while now. The US Inflation report for June is expected to be epic and might push it up some more.
China might start exporting inflation. Businesses all over were stung by COVID and appear to be maintaining higher levels of input inventory. This is causing higher input costs, which if sustained will flow through to prices. Just-in-time won’t be relied on as it was before COVID.
Conservatives are stupid and wrong:
How white Americans think their whiteness is percieved:
…..and that’s all I’ve got. A lot of reading was involved in choosing these links. Far more than I expected. Hope they are useful and interesting.