Home
/
RELIGION & LIBERTY ONLINE
/
Religious Activists Bully Companies with ‘Reputational Risk’
Religious Activists Bully Companies with ‘Reputational Risk’
Jan 31, 2026 11:44 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
The disordered soul of Frank Underwood
“Frank Underwood, masterfully played by the award-winning Kevin Spacey, embodies the corruption that so often attends to the pursuit of political power,” says Jordan Ballor in this week’s Acton Commentary, “and as the new season nears it’s worth looking back at where it all began for Francis and Claire Underwood.” In their review of the show’s first season, David Corbin and Alissa Wilkinson rightly observe that the example of Frank Underwood provides an important negative lesson about the need for...
Understanding the President’s Cabinet: Attorney General
Note: This is post #16 in a weekly series of explanatory posts on the officials and agencies included in the President’s Cabinet. See the series introductionhere. Cabinet position:Attorney General Department:Department of Justice Current Secretary:Jeff Sessions Succession:The Attorney General is seventh in the presidential line of succession. Department Mission:“The Judiciary Act of 1789 created the Office of the Attorney General which evolved over the years into the head of the Department of Justice and chief law enforcement officer of the Federal...
Development malpractice: When failure in ‘doing good’ is worse than ‘doing nothing’
What happens when governments, NGOs, charities, and churches all converge in scurried attempts to alleviate global poverty, whether through wealth transfers or other top-down, systematic solutions? As films like PovertyCure and Poverty, Inc. aptly demonstrate, the results have been dismal, ranging from minimal, short-term successes to widespread, counterproductive disruption. Surely we can do better, avoiding grand, outside solutions, and ing alongside the poor as partners. Yet even amid the menu of smaller and more direct or localized “bottom-up” solutions, there...
Federalist Society’s Leonard Leo speaks at Acton May 11 on the ‘Trump judges’ and Supreme Court
pictured: Leonard Leo With Neil Gorsuch elected to the Supreme Court in mid April, and a slate of other candidates on Trump’s radar for the lower courts, there is a mitment by the Trump administration to the election of conservative appointees to the federal judiciary. Could this be a judicial renaissance of sorts? Will there be a resurgence of true conservatism and originalism in the courts? To find e join us on Thursday May 11 at Acton’s headquarters in Grand...
What is comparative advantage?
Note: This is post #32 in a weekly video series on basic microeconomics. What parative advantage? And why is it important to trade? In this video by Marginal Revolution University, economist Don Boudreaux guides us through a specific example surrounding Tasmania — an island off the coast of Australia that experienced the miracle of growth in reverse. Through this example we show what can happen when a civilization is deprived of trade, and show why trade is essential to economic...
To fight poverty, Oxfam must measure what matters
If people of faith want to reduce global poverty, they must begin by accurately measuring the problem. But a well-publicized report on international poverty distorts the problem and promotes solutions that would leave the world’s poorest people worse off, according to two free market experts. Every year, Oxfam releases a report on global wealth inequality to further the agenda of the World Economic Forum. This year’s entry, titled “An economy for the 99 percent,” was released with the headline: “Just...
State Department releases 2017 report on international religious freedom
The State Department recently released its International Religious Freedom Report for 2017.A wide range of U.S. government agencies and offices use the reports for such efforts as shaping policy and conducting diplomacy. The Secretary of State also uses the reports to help determine which countries have engaged in or tolerated “particularly severe violations” of religious freedom in order to designate “countries of particular concern.” A major concern addressed in this year’s report is that “international religious freedom is worsening in...
This Eastern European nation shows how foreign investment is patriotic
At a time when populist sentiments are on the rise on both sides of the Atlantic, the leader of one former Communist nation has affirmed that free markets open acrossborders area blessing. In anew essay at Religion & Liberty Transatlantic,Mihail Neamtu, Ph.D., argues that the wealth created by foreign investment furthers the national interest. In his mentary, titled“Romania chooses prosperity over populism,”he recounts thenation’s unusually bold embrace of international capital. Urged to keepforeigners out of its economy or restricttheir investment,...
5 Reasons you’ll love Acton University (even if you hate conferences)
I have confession to make: I don’t like conferences. I don’t like seminars or conventions, either. I also don’t like colloquiums, symposiums, forums, or summits. I love people (really, I do) and I love discussions about ideas. But something happens when you put them together into a “conference” that causes my introverted tendencies to spike. I’m just not a conference-going kinda guy. That’s probably an odd admission to make, especially in a post in which I try to convince you...
France settles for Macron and malaise
What should American citizens think of Emmanuel Macron and the impact he will have as the next president of France? His outsider status, entrenched opposition, andimprecise political platform may createthe perfect storm for France to continue marching in place, according to anew essay in Religion & Liberty Transatlantic. “The French don’t like change; they like what’s new,” writes Christophe Foltzenlogel, a jurist for the European Centre for Law and Justice (the counterpart to the ACLJ, founded by Jay Sekulow). How...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved