Corporate Donors Inch Towards Democrats

[DonViejo]

March 17, 2021 at 6:25 am EDT By Taegan Goddard

Philip Bump: “In other words, it is not the case that these businesses are now going to send floats to participate in left-wing marches, certainly. It is also not the case that this shift reflects a broad embrace of Democratic Party principles. Cultural debates yield a very different calculus than issues like union membership, as we pointed out last week. A business like Coca-Cola, which expressed its concerns about Georgia’s voter registration changes and gave more to Democrats than Republicans through its PAC in 2020, is probably not going to actively advocate for increased worker rights.”

“Nonetheless, there’s been a shift. Corporate actors are more open to Democratic politicians and priorities than in years past.”

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https://politicalwire.com/2021/03/17/corporate-donors-inch-towards-democrats/

[Dawson Leery]

1. The right is openly threatening the existance of corporations.

The right's disputes with the corporate world are far different from those with the left. Higher taxes and better wages do not threaten corporations the way the right does as the right wants to shut down corporations that do not go along with their bigotry.

[Caliman73]

2. We need to dramatically decrease the importance of money in politics, if not eliminate it completely

I do not see the inching of corporate money toward Democratic politicians as a good thing. Perhaps I am jaded, but corporations, especially large, for profit corporations act with one thing in mind, their profitability. They may see a cultural shift regarding the demographics and the popularity of social causes supported by the Democratic Party, but they are not acting, as the article alludes to, with the intention of embracing the Democratic ideal of an equitable distribution of wealth and power.

The danger is that these corporations will try to influence the Democratic Party to embrace corporate friendly, or at least worker unfriendly policies.