https://www.americanthinker.com/blog/2020/07/the_racism_and_sexism_at_americas_woke_institutions.html
You may recall that an organization called Sleeping Giants was one of the primary movers and shakers behind the corporate boycott side of the left’s cancel culture. Most famously, it was the tip of the spear in the attack against Breitbart after Trump’s election. Now, one of its founders stands accused of racist and sexist behavior. This is an increasingly common charge against woke companies, and it makes sense, not just because employees are marinated in victimhood, but because of the moral hazard doctrine.
Moral hazard describes a situation in which someone who is insulated from consequences is more likely to engage in risky behavior. Although the term is mostly used in economics, we see it routinely in people’s overall conduct.
For example, you might have noticed that, as cars get safer, people are more likely to take driving risks, such as tailgating or weaving through traffic. Likewise, as football helmets seemingly became more sophisticated, the game changed with players using their heads as battering rams. Sadly, the high incidence of ALS shows that the helmets weren’t as safe as people thought they were.
A variation of moral hazard also shows up when people have behaved virtuously in one area of life. Draped in their moral superiority, they think they have a pass in other areas. A perfect example comes from bicycles. As a former Bay Area resident, I can tell you that many urban bicyclists are deeply impressed with their moral purity in eschewing polluting automobiles. Borne upon a cloud of self-righteousness, they entirely ignore not only bicycle safety rules but general traffic safety rules. In their minds, their one act of virtue is a hedge against all risks.
And that gets us to the stories about accusations of racism, sexism, homophobia, and other bad behaviors at excessively woke organizations. These companies tout all the appropriate leftist virtues: They despise Trump, hate Republicans generally, fight climate change, donate millions to Black Lives Matter, offer 52 gender options for their employees, and so on. One would think, then, that women, minorities, and people on the LGBTQ etc. spectrum would be thrilled at these places . . . but they’re not.