From making war on straws to policing speech, California leads the nation in adopting half-baked ideas from Europe.
The latest craze is a bill that would force publicly held companies to put women on their boards by 2019. Specifically, companies would have to add at least one woman to their board by the end of 2019, and by the end of 2021 the boards must be made up by at least 40 percent women, depending on the size.
All this, under the threat of heavy fines.
The legislation passed through the California Legislature and awaits signature by Gov. Jerry Brown. If Brown signs the measure into law, it would make California the first state to have such a mandatory quota.
The legislation likely runs afoul of the California Constitution and the Constitution of the United States, but it’s also a terrible idea on its own merits.
Over the last decade, numerous European countries—France, Germany, and Italy, among others—have adopted similar laws with generally negative results.
Norway was the first country to do so, and the results have been lackluster to say the least. Norway adopted a gender boardroom quota in 2006, requiring 40 percent of publicly traded corporate boards be comprised of women.
The result, according to The Washington Times, is that numerous Norwegian companies have either left the country or changed their practices to skirt the law.
“The number of public limited firms in Norway by 2009 was less than 70 percent of the number in 2001, according to the study, while the number of privately held firms not subject to the gender quotas jumped by more than 30 percent,” according to The Washington Times.
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4 comments:
Forced diversity of any nature that requires someone to be placed in to a position for any reason other than being the best qualified is a recipe for disaster.
The government tried it in the civil servant workforce decades ago and still hasn't recovered.
The military had it foisted upon them in a number of specialties starting in WWII - they have largely recovered - in spite of the requirements.
the 2008 election was the best example ever - a person was sent to the white house because he was elected for being (half) black! It will take us decades to recover from his attempts to ruin this country!
Do they have to be real women, or will men who "identify" as female do the trick? It's likely that there are more than enough of those to go around in sunny California.
Anyway, isn't the law a little short on inclusion by just calling for females to allegedly balance the boardroom males when there are at least sixteen other state-recognized shades of humanity?
4:13 is on target. If this passes judicial review, Bruce Jenner will be on more boards than the Boston Celtics.
SCOTUS will rule that it is just as unconstitutional as racial quotas. Quotas are ALWAYS discriminatory to some demographic.
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