Corporate America's Gun Regulation Silence Raises Eyebrows
The US has grown accustomed to CEOs gathering in Washington DC to discuss pressing issues like geopolitics and policy. However, the recent mass shooting in Nashville has left many wondering why corporate leaders are quiet on gun regulation.
In 2017, major CEOs came together to oppose North Carolina's transgender bathroom law, and two years later, they called abortion bans "bad for business." The deadly attack on the US Capitol on January 6, 2021, also prompted many to speak out against rioters and pledge not to give to politicians who supported them.
But since the latest mass shooting at a school in Nashville, there's been an unsettling silence from corporate America. This is surprising given that large corporations have become increasingly influential in driving social change. In the past, CEOs have joined causes with valor and nobility, but now they seem reluctant to take action on gun control.
Jeffrey Sonnenfeld, a Yale professor who has direct lines to major CEOs, believes that top executives are feeling frustrated. They've tried to push for gun control legislation, but their efforts haven't yielded significant results. Without more support from lawmakers, they're not sure what else they can do.
Sonnenfeld points out that while CEOs have taken strong stances on other issues, their stance on gun control doesn't always match the views of the general public. "We need others to join us," he says. "Social capital is just as valuable as financial capital."
However, it's not entirely accurate to say that corporate America is holding the purse strings in terms of campaign contributions. Since the 2020 elections, much less money has come from big business, and since the January 6 attack, many businesses have either halted donations or given very little to politicians.
Tesla's sales figures recently revealed a modest rise in the first quarter compared to last year, despite price cuts on lower-priced vehicles. However, this doesn't necessarily indicate strong demand for Tesla's products. The company has produced more cars than it has sold over the past 12 months, which raises questions about whether talk of strong demand from executives is backed up by the numbers.
In conclusion, corporate America's silence on gun regulation in the wake of the Nashville school shooting is a cause for concern. While CEOs have been vocal on other issues, their reluctance to take action on gun control seems puzzling given the importance of this issue to many Americans. As Jeffrey Sonnenfeld notes, social capital is just as valuable as financial capital, and it's time for CEOs to join forces with others to drive meaningful change.
The US has grown accustomed to CEOs gathering in Washington DC to discuss pressing issues like geopolitics and policy. However, the recent mass shooting in Nashville has left many wondering why corporate leaders are quiet on gun regulation.
In 2017, major CEOs came together to oppose North Carolina's transgender bathroom law, and two years later, they called abortion bans "bad for business." The deadly attack on the US Capitol on January 6, 2021, also prompted many to speak out against rioters and pledge not to give to politicians who supported them.
But since the latest mass shooting at a school in Nashville, there's been an unsettling silence from corporate America. This is surprising given that large corporations have become increasingly influential in driving social change. In the past, CEOs have joined causes with valor and nobility, but now they seem reluctant to take action on gun control.
Jeffrey Sonnenfeld, a Yale professor who has direct lines to major CEOs, believes that top executives are feeling frustrated. They've tried to push for gun control legislation, but their efforts haven't yielded significant results. Without more support from lawmakers, they're not sure what else they can do.
Sonnenfeld points out that while CEOs have taken strong stances on other issues, their stance on gun control doesn't always match the views of the general public. "We need others to join us," he says. "Social capital is just as valuable as financial capital."
However, it's not entirely accurate to say that corporate America is holding the purse strings in terms of campaign contributions. Since the 2020 elections, much less money has come from big business, and since the January 6 attack, many businesses have either halted donations or given very little to politicians.
Tesla's sales figures recently revealed a modest rise in the first quarter compared to last year, despite price cuts on lower-priced vehicles. However, this doesn't necessarily indicate strong demand for Tesla's products. The company has produced more cars than it has sold over the past 12 months, which raises questions about whether talk of strong demand from executives is backed up by the numbers.
In conclusion, corporate America's silence on gun regulation in the wake of the Nashville school shooting is a cause for concern. While CEOs have been vocal on other issues, their reluctance to take action on gun control seems puzzling given the importance of this issue to many Americans. As Jeffrey Sonnenfeld notes, social capital is just as valuable as financial capital, and it's time for CEOs to join forces with others to drive meaningful change.