A Formidable Enemy: America's CEOs

Must reading from writer Tom Piatak over at Chronicles.  How exactly right were such writers as Chesterton, Belloc, Penty and Father McNabb, who warned us about the inherent evils of Capitalism (aka, the mirror image of Communism) gone mad.

From Piatak:

Last week's furor over the version of the Religious Freedom Restoration Act approved in Indiana and awaiting only the governor's signature in Arkansas was illuminating. Once again, the contemporary left demonstrated that it values conformity, not tolerance. Indeed, the left is now committed to using the full power of the state and the culture to secure approval of what was controversial only a few years ago and unthinkable a few decades ago.  

Even more interesting, though, is what brought about the surrender to the left in Indiana and Arkansas. On April 2, CNN Money ran an article by Charles Riley about Marc Benioff, the CEO of Salesforce. Benioff was one of the most outspoken opponents of the Indiana law, threatening to pull investment from the state and offering to provide monetary assistance to employees who wanted to leave the state because of the new law. Riley quoted Benioff as stating, "This is a really important point that, you know, CEOs have a lot of power and control on investment in states and we want to invest in states where there is equality. One thing that you're seeing is that there is a third [political] party emerging in this country, which is the party of CEOs." One would think that CEOs like Benioff would be satisfied with the two parties they now substantially control, but even the small possibility that ordinary Americans might be able to enact laws displeasing to him is more than Benioff can bear.

Even more interesting is the fact that The New York Times applauds the rise of the party of CEOs. In an editorial on April 3, the Times opined that "Big corporations like Walmart, Apple, Salesforce.comand General Electric and their executives have done the right thing by calling on Indiana and Arkansas to reject 'religious freedom' laws designed to give businesses and religious groups legal cover should they deny services to gay couples."

Read the rest at this link:

https://www.chroniclesmagazine.org/the-new-york-times-applauds-the-party-of-ceos/

America's CEOs are a formidable enemy but not an omnipotent one.