Woke Capitalism Is Still Capitalism

Helen Lewis begins: 

Tumbrels are rattling through the streets of the internet. Over the past few years, online-led social movements have deposed gropers, exposed bullies—and, sometimes, ruined the lives of the innocent. Commentators warn of “mob justice,” while activists exult in their newfound power to change the world. Both groups are right, and wrong. Because the best way to see the firings, outings, and online denunciations grouped together as “cancel culture,” is not through a social lens, but an economic one. 

And concludes:

Remember the iron law of woke institutions: For those looking to preserve their power, it makes sense to do the minimum amount of social radicalism necessary to survive, and no economic radicalism at all. The latter is where activists need to apply their pressure.

Do read the whole article.