A “call to arms” of sorts for corporations
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 21 October 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
If the election is contested again in November, will corporate leaders push back? It’s a thorny but pertinent question, especially as companies have dialed back on commitments to DEI, LGBTQ+ rights and other issues in recent months. Today, we’ll explore what responsibility corporations have to American democracy. Also on this morning’s program: Campaigns spend big to court some of America’s 3 million expat voters.
Transcript
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| 0:00.0 | Should companies speak up if a presidential candidate loses and tries to take power by other means? |
| 0:08.0 | I'm David Brancaccio in New York. We've been looking at political polarization at the company level this election. |
| 0:14.4 | You're how companies intensify or ease political divides by taking sides, taking stands, and |
| 0:19.8 | or bringing us together. |
| 0:21.9 | But with voting underway in many states now some advocacy groups |
| 0:25.0 | are asking if companies will stay quiet if there were to be attempts to distort |
| 0:29.8 | or change the outcome of the election after election day. |
| 0:33.2 | Marketplace's Kimberly Adams has more. |
| 0:36.0 | Many election watchers are expecting a close and likely contested election outcome. |
| 0:42.3 | But if it comes down to it, will the corporate world speak up? |
| 0:46.3 | There is a sort of call to arms to say, |
| 0:49.6 | you business leader, you trusted brand, |
| 0:51.7 | will you publicly commit now to validating the outcome of the |
| 0:57.6 | 2024 election? |
| 0:59.6 | Najma Roberts is with the advocacy group Democracy Fund, but she says corporations these days |
| 1:05.6 | are a bit risk averse. |
| 1:08.0 | People do not want to be cancelled, they don't want their brands to be cancelled, they don't |
| 1:12.0 | want to be politically attacked. |
| 1:14.0 | And the corporate world has plenty of recent examples of when taking a stand on |
| 1:18.8 | DEI, LGBTQ rights, or a host of other issues led to exactly those outcomes, with some companies |
| 1:26.7 | choosing to dial back on commitments as a result. |
| 1:30.3 | So once the voting is done, says David Young with the conference board. |
... |
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