Posted on 10/22/2022 7:06:33 AM PDT by MtnClimber
In a nation bitterly divided between political partisans, corporations face fraught choices. The staying power of the new “woke” will likely face its greatest test if Republicans, as expected, capture a majority in the House of Representatives after the November elections.
For example, CPAC’s Matt Schlapp recently sent a letter to House Republicans warning that his organization won’t endorse any candidate for a leadership race unless they vow to reject meetings with “woke” corporations. “Pledge you will not meet with these CEOs or their leadership teams, especially their Government Affairs staff, who have been hostile to policies that help all Americans, until they change their ways.”
Companies increasingly find themselves caught between two intractable forces: a majority of their customers, fueled by social media activism, who expect them to take a stand on issues that are important to them, and a growing backlash from conservatives who say consumer products have no business dictating social and environmental policy.
Just look at J.P. Morgan CEO Jamie Dimon’s notable pivot at a hearing on Capitol Hill when he said his bank would not refrain from making new investments in major oil and gas development projects, telling House Democratic members, “Absolutely not, and that would be the road to hell for America.”
SNIP
One only has to look at the recent past. When Major League Baseball moved the 2021 All-Star Game from Atlanta to protest Georgia’s voter law, a handful of Republican lawmakers moved to strip the league of its antitrust protections. Governor Ron DeSantis signed a law to abolish Disney World’s self-governing district. He signed another law dubbed the “Stop WOKE Act” to restrict how race is discussed in schools, colleges, and workplaces. Additionally, 19 Republican state attorneys general are calling on BlackRock to justify its ESG policies.
(Excerpt) Read more at realclearpolitics.com ...
It will be a long fight against people who are crazy and very nasty.
ESG = Corporate Fiduciary Negligence.
Where’s the investigations?
Perhaps the “new” CONgress will take on the “esg” and “die” (dei) push underway............. Nah! To much money gonna be up for grabs.
love how they slid this little gem in there “a majority of their customers, fueled by social media activism”
I have to disagree with Schlapp on this one. It is vitally important to communicate with your enemies. These woke businessmen need to be called on the carpet and given the truth, “Start running your businesses like a business, not some ghetto welfare recipient. The fascist corporatism ends now.”
The battle is between woke-ness and a decent standard of living.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.