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September 1, 2022

A “diaspora” is a population that has been displaced and separated from their place of origin, sometimes by force.

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Today in America, white males are feeling negative effects from DEI (Diversity, Equity, and Inclusion) initiatives impacting promotions, hiring, and terminations and forcing some to consider career changes. Some feel compelled to seek job opportunities at variance from their current career aspirations and in unfamiliar segments of the economy.  As a 30+ year veteran of one of the largest multinational financial services companies expressed it, “I’d reached the second row of C suite executives. The 65-year-old CEO would be handing the reins to someone soon. But as a white male looking at the latest occupants of the first row, it wasn’t going to me.” He resigned to join a small technology company.

The definition of “diversity” has evolved. What was once an effort to overlook differences has become a prescription for accentuating them. DEI promotes deliberately taking race, gender, and other factors such as sexual orientation into account when deciding who is hired, and promoted, or terminated in a cutback. In the rush to implement DEI initiatives, employees or potential employees are seen as members of some “group” first and as individuals second.  

Several of the larger money managers that invest in public companies are not only embracing DEI themselves but push the firms they invest in to accelerate their DEI efforts. There are about 4000 publicly traded U.S. companies employing one third of U.S. non-farm employees.

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The realization that significant and visible job opportunities would more likely be going to female or minority employees is being felt across America. While this may be a correction to past discrimination against women, people of color and other populations, it’s becoming a ceiling or barrier for another significant population.

If you do a back of the envelope calculation of 25- to 65-year-old white heterosexual males in the workforce, you arrive at an estimate of 50-60 million potentially frustrated Americans, many of whom are highly competent and unwilling to wait to be gently exited or to finish their career in a dead-end, meaningless position like senior director of pencils, pens, and paperclips.

DEI consultants often assert that to achieve fairness in the workplace, women, persons of color, and LGBTQ individuals should be treated more favorably in order to create “equity” and correct discrimination.

Some studies found diversity training not only tends to divide people into categories, but also can generate conflict, has triggered employee lawsuits, and may even fuel prejudice. It seems diversity trainers often promote negative stereotypes of white males and needlessly underscore differences. Coca-Cola made headlines for allegedly providing DEI training t that encouraged employees to be “less white.”

One survey of White Americans show they now believe anti-White bias is more prevalent than anti-Black bias. Organizations excluding white males to match today’s definition of “diversity” will not only trigger resignations and fewer applicants for new positions, but will spawn lawsuits.

There are few segments of the American economy that haven’t been touched by DEI.