Stakeholder capitalism is ‘not woke’, Jamie Dimon says

JPMorgan chief pushes back against conservative criticism of corporate America’s environmental and social agenda

Jamie Dimon has dismissed claims that stakeholder capitalism is “woke”,

pushing back against conservative critiques of the environmental and social

agenda that much of corporate America has embraced in recent years.

In a freewheeling interview at a conference on Wednesday, the JPMorgan Chase chief executive

described himself as “a red-blooded free-market capitalist”

and said people had misinterpreted his push for stakeholder capitalism as chair of the Business Roundtable.

“I’m not woke. And I think people are mistaking the stakeholder capitalism thing for being woke,” Dimon

told a conference organised by Autonomous Research.