Tuesday, March 14, 2017

Why Are CEOs Progressive? (They Are)

Corporate Leaders: Progressive Activists, Not Conservative Villains | National Review:

Basically, two reasons:


For one thing, conservatives are cheap dates. You do not have to convince the readers of National Review or Republicans in Valparaiso that American business is in general a force for good in the world. But if you are, e.g., Exxon, you might feel the need to convince certain people, young and idealistic and maybe a little stupid in spite of their expensive educations, that you are not so bad after all, and that you are spending mucho shmundo “turning algae into biofuel,” in the words of one Exxon advertisement, and combating malaria and doing other nice things. All of that is true, and Exxon makes sure people know it. The professional activists may sneer and scoff, but they are not the audience.
We all know this. Since conservatives by and large believe in a power that transcends poltics (religion), and do not in fact hold the oppositiion to be evil (the Christian ones are supposed to love even the STRONG opposition that declares themselves "enemies". Thus:


The same asymmetry characterizes the so-called social issues. The Left will see to it that Brendan Eich is driven out of his position at Mozilla for donating to an organization opposed to gay marriage, but the Right will not see to it that Tim Cook is driven out of his position for supporting gay marriage. 
The left actually gets a pound of flesh from those who dare oppose them -- the right tends to assume that "God will settle up such accounts in his own good time".

The other big reason is because "like still likes like".


And that is significant, because a great deal of corporate activism is CEO-driven rather than shareholder-driven or directly rooted in the business interests of the firm. Like Wall Street bankers, who may not like their tax bills or Dodd-Frank but who tend in the main to be socially liberal Democrats, the CEOs of major U.S. corporations are, among other things, members of a discrete class. The graduates of ten colleges accounted for nearly half of the Fortune 500 CEOs in 2012; one in seven of them went to one school: Harvard. A handful of metros in California, Texas, and New York account for a third of Fortune 1000 headquarters — and there are 17 Fortune 1000 companies in one zip code in Houston. Unsurprisingly, people with similar backgrounds, similar experiences, and similar occupations tend to see the world in a similar way.

So again, we live in a "down the rabbit hole looking glass world" where one of the chief boogeymen of the left (corporations) is actaully run by folks that are lefties and lavishly support the left. As maybe a few more folks are realizing these days, in BOistan, it is pretty much ALL fake!







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