Pay to Play: Climate and Diversity as Barriers to Entry

Rob Henderson describes luxury beliefs as status symbols for the Western elite. For example, although the wealthiest people in the USA tend to come from families with both a father and mother present, they nonetheless promote the idea of single-parent households, or even the child-free life.

Indeed, wealthy elites follow the principle of do as I say, not as I do. But what Henderson perhaps failed to see is that these beliefs serve as a economic barriers to entry. The wealthy of medieval Europe guarded their castles with moats. Modern corporations guard their market shares with luxury requirements such as diversity, equality, inclusion, and carbon-neutrality.