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Corporations & Cancellation: Social Media

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The big corporations possess incredible economic power and many on the left are critical of how this power is used to coerce and harm those who have less economic power. For example, Amazon is infamous for putting such severe restraints on workers that they sometimes have to urinate in bottles. Thanks to Republicans and pro-corporate Democrats, laws and court rulings (such as Citizens United)  have enabled these corporations to translate their economic power directly into political power. This is also criticized by many on the left and they note how the United States is an oligarchy rather than a democracy. This political power manifests itself in such things as anti-union laws, de-regulation, and tax breaks. In general, Republicans are in favor of increasing the economic power of corporations and do their best to assist them in increasing their political power. This might be partially motivated by their pro-business ideology, but it is certainly motivated by the contributions and benefits they receive for advancing the interests of the wealthy.  As such, it is rather odd that many Republicans are now professing opposition to some of these corporations. Social media and tech companies have recently earned the ire of the right. While Republicans profess to favor deregulation and embrace the free market, they are now very angry about social media and tech companies and claim that these companies have become part of cancel culture.  I do understand why they are so angry. For years, social media companies profited from extremism—including that of the American right and it must seem like a betrayal for these companies to suddenly turn against their cash cows. While the narrative on the right is that these companies are woke or that out-of-control leftists are in control, this is not the case. These companies acted based on pragmatism focused on profit. Extremism seems to have been damaging the brands of these companies and they were under considerable pressure to do. . .

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News source: A Philosopher's Blog

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