How the Capitol riots drive large American companies deeper into politics

Following the US Capitol riot, Twitter Inc. President Trump’s social media account. Publisher Simon & Schuster canceled the publication of a book by Senator Josh Hawley (R., Mo.), which posed a challenge to the results of the presidential contest of the Electoral College, and Airbnb Inc. said it would prevent people involved in the violence from booking rooms. Stripe Inc. stopped receiving direct payments from Mr. Process Trump’s campaign website.

Companies of Marriott International Inc. to Walmart Inc. has suspended donations to dozens of Republican lawmakers who voted against ratifying the vote for the Electoral College, while some are demanding reimbursements.

‘Words alone are not enough. We are committed to taking action, ”Dow Inc. CEO Jim Fitterling wrote in a memorandum in which he said that the chemical manufacturer had stopped the political strike to any Republicans who objected to the election of to elect President-elect Joe Biden for an election cycle – two years for members of the House. and up to six for senators.

These were far from the days when companies strive to appear apolitical, which the late economist Milton Friedman considers ‘business is business’, if not always satisfying.

“We’re seeing a confluence of social issues that were previously out of the domain that business leaders would comment on,” said Judy Samuelson, founder and CEO of the Business and Society Program at the Aspen Institute, a think tank. author of “The Six New Rules of Business,” which addresses such shifts. “The rule of thumb was that there is no direct connection to our business model or anything we care about, but we actually stay away from politics.”

.Source