Froma Harrop: It’s in companies’ interest to save the democracy
By Froma Harrop 7 hours ago
Froma Harrop
Senate Minority Leader Mitch McConnell had a warning for American business: “Our private sector must stop taking cues from the Outrage-Industrial Complex.” The sector’s complaints centered around Republicans’ going state to state to undermine free and fair elections.
And so, are companies outraged? Damn straight they are. They have good reason, and it’s not because their chief executives are “woke” or the left pressured them. It’s because a healthy democracy is in their corporate interests.
The Trump-led push to overturn the 2020 election results, Rebecca Henderson writes in Harvard Business Review, “is a threat not only to democracy, but to the long-term health of the economy and to the strength of American business.” Similar attacks wrecked democracies in Europe in the 1930s, and South America in the 1960s and ‘70s, with dire economic repercussions.