A new report is explaining how the corporate boycott of the GOP could backfire.
According to The Washington Free Beacon:
The wave of corporations cutting their political giving in the wake of the Capitol riot is intended to punish Republicans for backing the president’s reckless election challenge, but a surprising body of academic research suggests the corporations’ actions could unintentionally fan the flames of extremism.
Dozens of corporations have ended contributions to House and Senate Republicans who backed Donald Trump’s attempt to overturn the election in Congress, while others have paused giving altogether, citing the violence in the Capitol. But their withdrawal may leave an unexpected vacuum: Research indicates that corporations exert a depolarizing effect on politics, while their absence allows more extreme individual donors to exercise greater influence.
A corporate attempt to punish irresponsible behavior could unintentionally induce more of it, as those left out in the cold turn to even more extreme supporters to prop them up.
In the wake of the riot, corporations such as Amazon, Comcast, and Walmart have suspended contributions to Republicans who voted against certifying the results of the Electoral College’s vote. Others, such as Google, Ford, and Wells Fargo, have temporarily suspended all political donations, with an uncertain timeline as to when, or how, they’ll resume.
It is an interesting point, what do you think? Let us know in the comments.