March 6, 2018
Corporate America and the Left
A distinguished social economist of my acquaintance, Carl Horowitz, produced a penetrating essay, which is available in the latest issue of Social Contract, on "The Alliance of Corporate Capitalism with Political Radicalism." Carl demonstrates that black nationalists, revolutionary socialists, and off-the-wall feminists have loyal benefactors among the corporate boards of high-tech enterprises and in older corporations like Pepsi-Cola and Citibank. Carl's illustrations are vivid and shocking, and his well constructed speech leads me to raise two questions occasioned by his evidence.
One: Carl describes his targets as people who are betraying the free enterprise system that has allowed them to flourish, but it might be asked whether this is really the case. Can't it be argued that someone like Mark Zuckerberg, the socially radical billionaire founder of Facebook, is being economically rational even when he indulges his...(Read Full Article)