Tag: swift

A New Face Of Corporate Political Power – Big Tech’s Swift Reaction To Capitol Rioters And A Threat To American Democracy
BUSINESS

A New Face Of Corporate Political Power – Big Tech’s Swift Reaction To Capitol Rioters And A Threat To American Democracy

Big Business and Big Tech both reacted swiftly to the insurrection at the U.S. Capitol, punishing and condemning those they deemed responsible for the riot or for creating the conditions that led to it. But there was a big difference in how each group acted. Dozens of U.S. companies as diverse as Walmart, General Motors, McDonald’s and Nike at least temporarily shut off the cash spigot to politicians who voted against certifying the results of the presidential election. While the reaction was unprecedented, the next congressional election is almost two years away, leaving erstwhile donors the option to change their minds. Big Tech, however, responded more directly and consequentially. Twitter and Facebook banned former President Donald Trump, Apple and Google removed Parler – the prefer...