Sunday, July 14, 2024
HomeBusinessFinancial MarketsHedge fund billionaire Ken Griffin says university protests are the result of...

Hedge fund billionaire Ken Griffin says university protests are the result of a “cultural revolution” and Harvard should “embrace our Western values”

Ken Griffin, the billionaire founder of hedge fund Citadel, dives into the national debate about American universities and the protests that have engulfed many campuses over Israel’s war in Gaza.

during an interview Financial TimesThe Harvard alumnus and megadonor denounced the social justice “narrative” at some schools.

“What you’re seeing now is the end product of this cultural revolution in American education playing out on American campuses, specifically using the paradigm of oppressor and oppressed,” said Griffin, who compared the protests to “performance art.” A comparison was made.

Campuses across the country have been engulfed in riots since the Oct. 7 Hamas attack on Israel and Israel’s response in Gaza. In the U.S, Thousands arrested at universitieswhile presidents of Ivy League schools have stepped down, including Harvard University, and graduation ceremonies have been canceled.

Griffin and others on Wall Street have been participating in protests, particularly at elite universities. In January, he called Harvard students “whiny snowflakes” and halted donations to the school, which totaled more than $500 million. On Monday, he said the protests were the result of a “failed education system,” adding that things looked better at Harvard than at Columbia. Police raids last month cleared protesters and their encampments.

when asked Financial Times As for what Harvard should do next, Griffin responded: “Harvard should embrace it as a representative of American meritocracy and educate the next generation of leaders in American business, government, health care, and philanthropy. Harvard will embrace what we have built.” Western values ​​from one of the greatest countries in the world, nurturing these values ​​with students and asking them to embody them for the rest of their lives.

There was no immediate response from Harvard University of wealth Request to comment.

Hedge fund manager Bill Ackman has been equally critical of college protests and diversity, equity and inclusion initiatives. But he reportedly faced backlash from panelists and the audience at last week’s Milken Institute Global Conference. Tells Bloomberg that his views are detrimental to the advancement of women and people of color in America.

Some companies have Already sworn them Students will not be hired who participated in the protests, while others expressed their support.

recent, Recruit experts to talk to wealth There is disagreement over what impact, if any, the protests will have on students’ employability.

Meanwhile, President Joe Biden earlier this month Defended the rights of students Protested peacefully, but rejected their demands to change his attitude towards Gaza, saying schools “must obey order”.

A upcoming White House report Criticism of Israel is expected over the use of U.S.-supplied weapons in Gaza, but no conclusion will be drawn that Israel has violated the terms of use.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments