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Republicans are in a messy divorce with big business Democrats could benefit | Republicans

It’s easy to dismiss all of this as a public-relations stunt. Many of the companies coming out against the Georgia law did so only belatedly and under pressure, and many of the Republican politicians decrying “woke capitalism” are just hoping to score points with their base. But the very fact that these things are happening at all is due to important shifts in the American political landscape – ones which may eventually become seismic. It’s not difficult to see why tensions have risen as Republicans have increasingly embraced an angry, racist nationalism and an anti-democratic ethos. Doing so has put them at odds with the young and value-conscious Americans who fuel sales of America’s biggest brands. Companies that want to attract younger consumers and employees have flexed their power in response. When North Carolina passed a law in 2016 banning trans people from using the restroom consistent with their gender identity, boycotts and cancelled business expansions were se

Republicans are in a messy divorce with big business Democrats could benefit

Republicans are in a messy divorce with big business. Democrats could benefit Andrew Gawthorpe © Provided by The Guardian Photograph: Erik S Lesser/EPA One of the central facts of modern American politics has been the strong bond between the Republican party and the country’s business elite. Even Donald Trump, who briefly campaigned as an economic populist in 2016, governed like the plutocrat he was. Businesses could rely on Republicans for the regressive tax cuts and supply-side economics that helped their bottom lines – and the personal bank accounts of their executives. Democrats, meanwhile, have drifted to the left economically, embracing much higher taxes and a new era of trust-busting. If Republicans are the capitalists, then Democrats are the socialists.

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