Home
/
RELIGION & LIBERTY ONLINE
/
Religious Activists Bully Companies with ‘Reputational Risk’
Religious Activists Bully Companies with ‘Reputational Risk’
Jan 28, 2026 2:56 PM

Back in the 1960s and ‘70s, those of us of a particular bent loved the word “freedom.” The word was featured in the lyrics of many popular songs of the era, and the case could be made that hippies were called freaks as a pun on their oft-chanted “free” mantra. Heck, there was even a band named Free, which captivated the zeitgeist with a classic song about a man angling for a little “free” love with a woman too savvy to succumb so easily.

Free speech also once was all the rage. Lenny Bruce and George Carlin’s infamous seven words and all that, am I right? So, what happened? When did the hippies, yippies, liberals and progressives transition from fetishizing all things related to freedom to checking under their beds every night for a missing Koch brother?

For me, the recent clampdown on freedom in political speech reared its ugly head with the 2002 McCain-Feingold Act. Also known as the Bipartisan Campaign Reform Act, the law subsequently was gutted by the U.S. Supreme Court’s 2012 Citizens United decision. Since then, bitter tears are shed daily by leftists bemoaning the outcast state of an America where political donors and corporations have a voice in the policies and candidates directly affecting their livelihoods and survival.

Even presumptive Democratic presidential nominee Hillary Clinton is getting in on the act. Clinton has promised to reveal her plan for campaign-finance reform, which may include championing a constitutional amendment to limit political spending. Yet, the Washington Post detects a tinge of hypocrisy in Clinton’s stated agenda:

When The Post asked about the role of Priorities USA Action, a pro-Clinton super PAC currently trying to raise hundreds of millions of dollars to help her campaign, Clinton shrugged her shoulders and said, “I don’t know.”

Then the candidate walked into Fuel Espresso, a coffee shop that advertises it sells “mom’s baked goods from scratch,” for a private meeting with supporters. Clinton’s campaign ad makers, including chief media strategist Jim Margolis and a crew of cameramen, followed her into the shop.

A simple overview of religious activists submitting proxy shareholder resolutions to panies over the past several years reveals what I consider an alarming backlash against freedom of political speech. For example, religious shareholders As You Sow link to an In These Times article written last month by Theo Anderson, in which the author begins:

These are strange days indeed for shareholder activism. By some measures it’s experiencing a surge. Progressive groups have used the strategy since the early1970s, but the past few years have seen an increase in its frequency, sophistication and success. In December, for example, the defense contractor Northrup Grumman announced that it would immediately end its membership in the American Legislative Exchange Council (ALEC), a key player in the push to privatize education and a purveyor of climate-change denial. The move came in response to a shareholder resolution filed by an activist group that owned stock in pany. More panies have withdrawn from ALEC over the past four years, many under shareholder pressure.

Note the quote from John Lennon in the first clause of the opening sentence (“strange days indeed” from the song “Nobody Told Me”), which tilts the reader toward the former Beatles’ hymn to utopianism, “Imagine” and other lefty enterprises. Note also the apocalyptic flavor of the descriptions of two ALEC initiatives. Is an effort to “privatize education” evil in itself? Likewise, describing ALEC as a “purveyor of climate-change denial” makes it sound as if they’re peddling child pornography (purveyor) and claiming the Nazi death camps were a hoax (denial). In other words, some cute phrasing and allusions deployed in the service of propaganda.

Anderson continues:

Conservatives have noted the tactic’s power and potential, and they are sounding the alarm. In a 2011 report on ‘Activist Investing in Post-Citizens United America,’ the right-wing Center for Competitive Politics warns that shareholder activists ‘see for-profit corporations as their political enemy, and seek partisan or ideological advantage by squelching corporate political speech.’…

But for all the reaction it provokes among conservatives, some progressives doubt the power of shareholder activism to deliver genuine structural changes. After all, it relies on pragmatism and ‘constructive engagement’ in dealing with corporations whose core mission progressives often oppose. And there are other limits to its appeal. It doesn’t have the visibility of mass marches and protests, and doesn’t usually achieve quick results.

Amazingly, Anderson presents no counter argument to the charge levied by CCP. Instead, he continues the “power of shareholder activism” narrative:

‘The power we have is the reputational risk,’ says Laura Berry, executive director of the Interfaith Center on Corporate Responsibility (ICCR), which engages with corporations to promote more sustainable and just practices. ICCR’s nearly 300 member organizations have both a moral and financial stake in corporate behavior. They consist mainly of religious institutions (such as the Fond du Lac nuns), but also include pension funds, socially responsible investment firms, unions and academic institutions. ‘Companies don’t like these issues being brought to the attention of all institutional shareholders,’ Berry says. ‘They will often agree to make change so that we will withdraw our proposal and it will not appear on the ballot. And that’s where you see the power of shareholder activism.’…

‘We’re not the kind of activists who are just here to make noise,’ says ICCR’s Berry. ‘And those activists are very important, let me say. But we are folks who do our homework and just plug away and plug away. … It’s not for everybody, but we think it’s an important tool in a multilateral approach to changing some of the world’s most intractable problems.’

Yes, because allowing corporations and individuals the freedom to avoid name-and-shame tactics when supporting causes progressives don’t like is certainly an “intractable problem.” More likely, the left is, as noted by CCP, simply attempting to squelch corporate political speech and shut down operations such as ALEC they don’t like. Similar to the Lothario in the Free song referenced above, it seems the left wants to trick us into believing stifling free political speech is “Alright Now.”

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Bono, Babel, and the Myth of Economist as Savior
Bono, lead singer of U2 and co-founder of charity-group ONE, recently offered some positive words about the role of markets in reducing global poverty and spurring economic development (HT): The Irish singer and co-founder of ONE, a campaigning group that fights poverty and disease in Africa, said it had been “a humbling thing for me” to realize the importance of capitalism and entrepreneurialism in philanthropy, particularly as someone who “got into this as a righteous anger activist with all the...
Equality of Opportunity vs. Sameness of Opportunity
Conservatives should embrace the cause of equality of opportunity, says David Azerrad, not sameness of opportunity. [W]e must not confuseequalityof opportunity withsamenessof opportunity. Equality of opportunity is a moral imperative and a requirement of just government. Spending money on programs that aim to expand opportunity for the poor is a charitable pursuit to which some may aspire but which government is not bound to deliver. Justice demands that we uphold the rule of law, secure the rights of all, and...
Monks, Beer, and the Labor of their Hands
Fr. Z’s Blog has a great post highlighting the Benedictine Monks at Norcia and their new brew. Here is the motto from the Birra Nursia site. Wonderful stuff, really: plete harmony with the centuries old tradition, the monks of Norcia have sought to share with the world a product which came about in the very heart of the monastic life, one which reminds us of the goodness of creation and the potential that it contains. For the monks of Norcia,...
A State That Co-opts and Crushes Civil Society?
John Zmirak, author and Editor-in-Chief of The Intercollegiate Review, wants voters to know exactly what is at stake in the looming Presidential election. In a guest blogger piece at the National Catholic Register, Zmirak pointedly states that the choice between the two candidates isn’t just about whose economic agenda seems more reasonable or who won which debate: …it’s about what America means: At heart of our Constitutional democracy is the freedom of individuals, even those with unpopular opinions, to pursue...
The Moral Paper Route
AEI recently held a contest challenging people to make a video that could articulate a moral case for free markets in two minutes or less. The $40,000 top prize was won by Jared Fuller with this entry, “The Moral Paper Route.” At AEI’s Values & Capitalism blog, Julia Thompson talks to Fuller about the making of the video. ...
Samuel Gregg: Paul Ryan’s Way
Acton’s Director of Research, Samuel Gregg, notes in a recent NRO article that vice-presidential candidate Paul Ryan has avoided “emotivist nonsense” and presented a clear moral vision for our country. Among other things, Ryan, ever so politely but unambiguously, underlined the immense damage inflicted by sometimes well-intentioned government welfare programs upon those in need. Yet he did so in a manner that detailed the economic costs but also went beyond a narrowly materialist reckoning. Ryan pointed to the manifold ways...
ResearchLinks – 10.26.12
Call for Papers: “Intellectual Property and Religious Thought” University of St. Thomas School of Law, April 5, 2013. The University of St. Thomas will hold a conference titled “Intellectual Property and Religious Thought,” on April 5, 2013, co-sponsored by the Terrence J. Murphy Institute for Catholic Thought, Law, and Public Policy and The University of St. Thomas Law Journal. The conference will be held at the University of St. Thomas School of Law building in downtown Minneapolis. Call for Papers:...
Is Religious Freedom a “Natural Right”?
Over at The Claremont Institute, Hadley Arkes considers whether religious freedom is a “natural right.” His exploration of the question is lengthy plex and, as with everything Prof. Arkes writes, worthy of serious consideration. Here is his conclusion: It may be jarring in some quarters to say it, but it is eminently reasonable to be a theist, and quite as reasonable to understand that not everything done in the name of religion and theism is reasonable and defensible. What else...
Tracing the Logic of Liberalism
In the Western world there are conservative liberals, liberal liberals, and radical liberals, says David T. Koyzis, but all adhere to the basic principles of liberalism: The liberalism of Thomas Hobbes and John Locke. Of Thomas Jefferson and John Stuart Mill. After all, the Declaration of Independence is a liberal document, unquestioningly accepting that popular consent stands at the origin of political authority. As Alasdair MacIntyre has put it, in the Western world there are conservative liberals, liberal liberals, and...
Acton Commentary: Desiccated Christianity
“When Christian institutions attempt to mitigate promise this understanding of their mission–often as the result of the political pressure–they morph into shadowy versions of their former selves,” writes Rev. Robert A. Sirico.In this week’s Acton Commentary (published October 24), Rev. Sirico explains that by losing theChristological dimension,Christiancharitable work es essentially secular.The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publicationshere. Desiccated Christianity byRev. Robert A. Sirico Mother Teresa was once asked...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved