Third-Party Possibility Gaining Traction?
In a discussion that spanned various topics on August 20, 2025, several issues caught the attention of many. Among them were the potential emergence of a third party in the U.S. political landscape, the state of Environmental, Social, and Governance (ESG) investing, racialism at The New Yorker, and the case for regulating kratom.
The city of New York is contemplating legislation to restrict the sale of kratom, a psychoactive herb associated with health risks and withdrawal symptoms. Ethan Gilden, in a summary, outlined steps that New York and other states could take to address the safety concerns surrounding kratom.
The idea of a third party gaining traction in the U.S. political scene was brought forth by Michael Kaufman. He argued that the dissatisfaction of both Republican and Democratic voters could pave the way for such a party's success. Kaufman's views were published in an article titled "A well-designed third party could attract disgruntled voters and improve the nation's future" for the Manhattan Institute.
Meanwhile, the discussion about racialism at The New Yorker was heated. Christopher F. Rufo unearthed alleged racist language in the account of Doreen St. Felix, a writer for the publication. Remarks such as "I hate white men" and "Whiteness must be abolished" were found in her posts. Rufo contended that the supposed "racial reckoning" at The New Yorker was not about helping minorities but about punishing the majority.
In a related development, The New Yorker declared itself an "antiracist" institution and set racial quotas in hiring. This move, however, has been met with criticism and debate.
ESG investing, another topic of discussion, has been a subject of contention. James Copland argued that ESG investing reduces economic growth, shrinks the tax base, and weakens national security. The trend of American investors withdrawing over $66 billion from ESG funds in 2022, 2023, and 2024 further highlights the growing scepticism towards this investment strategy.
Elon Musk's suggestion of creating a new political party has also sparked debate. Given the United States' history as a two-party nation, the proposal has been met with skepticism.
In conclusion, the discussion on August 20, 2025, highlighted several pressing issues that require attention and careful consideration. From the regulation of kratom to the future of ESG investing and the political landscape, these topics underscore the need for informed and thoughtful dialogue.
