r/moderatepolitics • u/ShivasRightFoot • 26d ago

US appeals court rejects Nasdaq's diversity rules for company boards Culture War

https://apnews.com/article/nasdaq-sec-dei-diversity-board-a3b8803a646a62aeb2733bbd4603e670
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u/-Boston-Terrier- 26d ago

I don't agree with forcing companies to be sufficiently DEI but on the other hand Nasdaq, Inc is a private company. I see no good reason they shouldn't be allowed to list only companies who meet their DEI requirements - even if I think those requirements are stupid.

Any company that doesn't agree with the requirements are always free to list on the NYSE or wherever else instead.

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u/todorojo 26d ago

The KKK was also a private entity. The rules we put in place to address the KKK arent just "don't discriminate against black people," it's "don't discriminate."

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u/-Boston-Terrier- 26d ago

I don't support the KKK but I do believe they should be allowed to exist too.

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u/zeuljii 26d ago

You can have opinions; you can form a community of people with similar opinions, and you can express those opinions. That's fine. It crosses the line when that expression, facilitated and encouraged by the organization, is threatening or oppressive. Same rule for NASDAQ. I don't think they've crossed that line, but it's worth watching.

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u/-Boston-Terrier- 26d ago

Well, sure. I certainly wasn't saying the KKK should be allowed to lynch people.

I just meant that they should be allowed to admit who they want to their organization. Mind you, just because I think they should be legally allowed to discriminate based on their racism doesn't mean I want to do that.