The Power of CEOs is Waning on Gun Control: Are They Tired?
In the wake of the latest mass school shooting in Nashville, it's jarring to see corporate America remain silent. It seems that even as the nation turns to large corporations as advocates for gun control, the ones who can make a difference are reluctant to speak out. CEOs like those at Lululemon, Lyft, and Unilever have called gun violence a "public health crisis" in the past, but now they're keeping mum.
According to Jeffrey Sonnenfeld, a Yale professor who has close ties with major CEOs, this silence is a result of frustration among corporate leaders. These executives joined causes with valor and nobility, but they can't just take cause after cause without others joining them. The social change that occurred in the 1960s wasn't led primarily by CEOs; it was sparked by interfaith activity, student activism, and civic engagement.
Sonnenfeld believes that CEOs have taken a strong stance on gun control, which may not be matched by public opinion. This frustration stems from their desire to join the chorus of voices demanding change but feeling they can't do it alone. Social capital is just as valuable as financial capital for these executives, and they want there to be public trust.
In reality, CEOs have not been as influential in campaign contributions since 2020. Since the January 6th attack on the US Capitol, many businesses either imposed an official moratorium or gave mere pennies to politicians. The notion that CEOs control campaign purse strings is entirely wrong.
Meanwhile, Tesla reported a modest 4% rise in sales despite several price cuts and talk of strong demand for its lower-priced vehicles. This raises questions about whether executives like Elon Musk's claims about demand are backed up by the numbers. Production far exceeds sales, with over 78,000 more cars produced than sold in the last 12 months.
The silence from corporate America on gun control is a stark contrast to their earlier efforts and may be due to an expectation that others will join them. The lack of action from other civil society groups, including students, clergy, and civic leaders, has left CEOs feeling like they're carrying the burden alone.
In the wake of the latest mass school shooting in Nashville, it's jarring to see corporate America remain silent. It seems that even as the nation turns to large corporations as advocates for gun control, the ones who can make a difference are reluctant to speak out. CEOs like those at Lululemon, Lyft, and Unilever have called gun violence a "public health crisis" in the past, but now they're keeping mum.
According to Jeffrey Sonnenfeld, a Yale professor who has close ties with major CEOs, this silence is a result of frustration among corporate leaders. These executives joined causes with valor and nobility, but they can't just take cause after cause without others joining them. The social change that occurred in the 1960s wasn't led primarily by CEOs; it was sparked by interfaith activity, student activism, and civic engagement.
Sonnenfeld believes that CEOs have taken a strong stance on gun control, which may not be matched by public opinion. This frustration stems from their desire to join the chorus of voices demanding change but feeling they can't do it alone. Social capital is just as valuable as financial capital for these executives, and they want there to be public trust.
In reality, CEOs have not been as influential in campaign contributions since 2020. Since the January 6th attack on the US Capitol, many businesses either imposed an official moratorium or gave mere pennies to politicians. The notion that CEOs control campaign purse strings is entirely wrong.
Meanwhile, Tesla reported a modest 4% rise in sales despite several price cuts and talk of strong demand for its lower-priced vehicles. This raises questions about whether executives like Elon Musk's claims about demand are backed up by the numbers. Production far exceeds sales, with over 78,000 more cars produced than sold in the last 12 months.
The silence from corporate America on gun control is a stark contrast to their earlier efforts and may be due to an expectation that others will join them. The lack of action from other civil society groups, including students, clergy, and civic leaders, has left CEOs feeling like they're carrying the burden alone.