{"id":2056,"asset_id":2368,"title":"Christopher F. Rufo DEI Cash Cow","alias":"christopher-f-rufo-dei-cash-cow","introtext":"<div class=\"thumbnail-wrapper\"><picture class=\"m_image thumbnail\"><img src=\"https:\/\/media4.manhattan-institute.org\/wp-content\/uploads\/sites\/5\/politician-counting-money.jpg\" alt=\"\" width=\"222\" height=\"148\" style=\"float: left;\" \/><\/picture>\r\n<div class=\"article-information\">\r\n<div class=\"top\"><span class=\"authors\"><a href=\"https:\/\/www.city-journal.org\/person\/christopher-f-rufo\">Christopher F. Rufo<\/a><\/span>\r\n<h1 class=\"title\">DEI Cash Cow<\/h1>\r\n<p class=\"subtitle\">The White House\u2019s equity agenda was a boon to consulting firms.<\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div class=\"content\">\r\n<div class=\"sidebar\" aria-hidden=\"true\">&nbsp;<\/div>\r\n<div class=\"main\">\r\n<div class=\"article-meta\">\r\n<div class=\"terms\" style=\"text-align: justify;\"><span class=\"type\">\/ Eye on the News<\/span>&nbsp;<span class=\"topics\">\/&nbsp;<a href=\"https:\/\/www.city-journal.org\/topic\/the-social-order\">The Social Order<\/a><\/span><\/div>\r\n<div class=\"date-share\" style=\"text-align: justify;\"><span class=\"date\">Nov 20 2024<\/span><a class=\"addthis-trigger\">\/ Share<\/a><\/div>\r\n<\/div>\r\n<div id=\"article-content\" class=\"m_gutenberg standard\">\r\n<p style=\"text-align: justify;\">There is an old saw that, in America, every great cause begins as a movement and eventually degenerates into a racket.&nbsp;This is certainly true of the past decade\u2019s most fashionable cause: \u201cdiversity, equity, and inclusion.\u201d What might have begun as a social movement has now become a business\u2014and not just in the United States. According to McKinsey &amp; Company, spending on \u201cDEI-related efforts\u201d across the globe totaled&nbsp;<a href=\"https:\/\/www.mckinsey.com\/about-us\/new-at-mckinsey-blog\/most-diversity-initiatives-fall-short-but-success-is-within-reach-with-these-five-factors\">$7.5 billion<\/a>&nbsp;in 2020. If trends continue, that figure will exceed $15 billion by 2026.<\/p>\r\n<p style=\"text-align: justify;\">And, in another American tradition, government contractors have turned a profit on this fad. While it\u2019s hard to determine the precise amount of money that Washington spends on DEI, a search for contracts, grants, and other outlays that reference \u201cdiversity, equity, and inclusion\u201d and similar terms suggests that DEI principles were attached to&nbsp;<a href=\"https:\/\/www.usaspending.gov\/search?hash=e99108916fa05072da8f73063e0fd08c\" target=\"_blank\" rel=\"noreferrer noopener\">more than $1 billion<\/a>&nbsp;in federal contracts last year.&nbsp; &nbsp;<a href=\"https:\/\/www.city-journal.org\/article\/dei-cash-cow\" target=\"_blank\" rel=\"noopener\">continue &gt;&gt;&gt;<\/a><\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>","fulltext":"","state":1,"catid":"8","created":"2024-11-21 14:21:03","created_by":"873","created_by_alias":"","modified":"2024-11-21 14:21:03","modified_by":null,"checked_out":null,"checked_out_time":null,"publish_up":"2024-11-21 14:21:03","publish_down":"0000-00-00 00:00:00","images":"{\"image_intro\":\"\",\"float_intro\":\"\",\"image_intro_alt\":\"\",\"image_intro_caption\":\"\",\"image_fulltext\":\"\",\"float_fulltext\":\"\",\"image_fulltext_alt\":\"\",\"image_fulltext_caption\":\"\"}","urls":"{\"urla\":false,\"urlatext\":\"\",\"targeta\":\"\",\"urlb\":false,\"urlbtext\":\"\",\"targetb\":\"\",\"urlc\":false,\"urlctext\":\"\",\"targetc\":\"\"}","attribs":"{\"article_layout\":\"\",\"show_title\":\"\",\"link_titles\":\"\",\"show_tags\":\"\",\"show_intro\":\"\",\"info_block_position\":\"\",\"info_block_show_title\":\"\",\"show_category\":\"\",\"link_category\":\"\",\"show_parent_category\":\"\",\"link_parent_category\":\"\",\"show_associations\":\"\",\"show_author\":\"\",\"link_author\":\"\",\"show_create_date\":\"\",\"show_modify_date\":\"\",\"show_publish_date\":\"\",\"show_item_navigation\":\"\",\"show_icons\":\"\",\"show_print_icon\":\"\",\"show_email_icon\":\"\",\"show_vote\":\"\",\"show_hits\":\"\",\"show_noauth\":\"\",\"urls_position\":\"\",\"alternative_readmore\":\"\",\"article_page_title\":\"\",\"show_publishing_options\":\"\",\"show_article_options\":\"\",\"show_urls_images_backend\":\"\",\"show_urls_images_frontend\":\"\"}","version":1,"ordering":null,"metakey":"","metadesc":"","access":"1","hits":null,"metadata":"{\"robots\":\"\",\"author\":\"\",\"rights\":\"\",\"xreference\":\"\"}","featured":"1","language":"*","xreference":"","note":""}