The Lynde and Harry Bradley Foundation has awarded the Manuel H. Johnson Center for Political Economy at Troy University a $100,000 grant for programming that defends free enterprise and honorable business practices that produce profitable companies.
The MJC’s Free Enterprise Scholars Program educates business majors in the morality of capitalism and studies the unethical practices and unintended consequences of “wokeism” in corporate boardrooms.
“We are grateful to the Bradley Foundation for recognizing our bold efforts to defend free markets from the growing threats of investor activism and the politicization of corporate governance not just in the United States but across the globe,” said Dr. Allen Mendenhall, the MJC’s executive director. “This generous grant will enable us to improve and diversify our programming while increasing the scholarship awards for our undergraduate Free Enterprise Scholars, who continue to meet weekly to discuss important books and learn from leaders in industry.”
The grant will support programming and scholarships for the Free Enterprise Scholars and strengthen the Center’s efforts to contest ESG (Environmental, Social and Governance) and other controversial business trends.
“Sound business adds value to society and respects the autonomy of all persons it deals with as customers, employees, or suppliers. The moral value of free enterprise means that business leaders should not apologize for profits earned honorably or purchase absolution through wokeness,” Mendenhall said.