Corporations Increasingly Serve As Arbiters Of Public Morality

Major corporations are increasingly expected to play a societal role beyond just providing goods or services: more and more often, they’re expected to weigh in on issues of public morality.

In the most instance, the CEOs of Merck and UnderArmor stepped down from the White House manufacturing council following Trump’s initial response to the Charlottesville violence that was widely panned in the media as insufficiently tough on white nationalists. Both CEOs’ decisions to step down received applause from public figures, including in the media. “I’m going out to buy Under Armour,” declared MSNBC host Joe Scarborough.

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