If what Democrats is pushing through is Socialism then this is literally Fascism. I mean, it’s not not Fascism and I am not be judgmental. Forcing corporations to implement state policies meant to protect “the natural order” (here against “wokeness”) from the top bottom is fascism. Again, this is not a Godwin thing but an objective observation. Maybe if people work hard, they can sell “a little fascism is needed for a healthy society” the way they do with “socialism” and not needing to do a credit check when you call 911.
Well the argument he is making is that if companies are costing their shareholders money with these types of actions , then the shareholders should be able to sue for violation of fiduciary duty .
The question really comes down to what do you think the main purpose of a corporation is :
- Is it mainly to make their shareholders more money or not
The original point of being a business is to be a business.
And who owns the business in this case
The shareholders who elected the directors. Some of them are part of the public, some of them not. None of them Marco Rubio. If share holders don’t like how a business is run, they can fire of the board or sell their stock. If market conditions have been made difficult, that’s the role of trust busting.
He’s letting shareholders make the decision if they want to sue or not . It’s not Marco Rubio deciding who gets sued or not
As previously pointed out, repeatedly: Shareholders. Already. Can. Do. This.
Well then it’s not fascist
Except if Rubio is concocting some half-assed legislation to make it harder for corporations to take socially progressive positions
at their majority shareholders consent because they believe it's in their company's long term benefit, then yes it sort of IS fascism for the State to be demanding businesses follow a very specific political ideology.
You're just okay with it because that brand of fascist belief mirrors your own corporatist views.
