Home
/
RELIGION & LIBERTY ONLINE
/
Religious Activists Bully Companies with ‘Reputational Risk’
Religious Activists Bully Companies with ‘Reputational Risk’
Dec 25, 2025 6:11 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 enduring influence of Russell Kirk’s ‘The Conservative Mind’
This is the seventh in a series celebrating the work of Russell Kirk in honor of his 100th birthday this October. Read more from the serieshere. Back in the glory days of the Reagan years, I considered myself a rather hard-core libertarian. My mom—one of the most brilliant and well-read persons I have ever known (and ever will)—was a devout Goldwaterite and munist. She read everything under the sun, and she encouraged me to do the same, never censoring anything....
Rev. Tim Keller on how the modern identity presents problems for life and business
On October 17, Rev. Timothy Keller delivered a keynote speech to a sold-out audience at the Acton Institute’s 2018 Annual Dinner. In his address, Keller explains the concepts of “traditional identity” and “modern identity” and their prevalence in present-day culture. Modern identity, claims Keller, presents serious problems for the contemporary business world. Keller presents the Gospel as the answer to modern issues of identity. From engaging work by scholars such as Charles Taylor to reciting lyrics from Disney’sFrozen, Keller’s municates...
Explainer: What you should know about the White House’s report on socialism
What just happened? On Tuesday the White House released “The Opportunity Costs of Socialism,” a report outlining the “opportunity costs of socialism on the macro economy, including standards of living, and the impact on the Federal budget.” What is the purpose of the report? The purpose of 70-page report (the main text is 55 pages while the list of references is 15 pages), which was produced by the Council of Economic Advisers, is to “evaluate the claims of modern U.S....
The spiritual core of political hate
“A new study confirms that creeping tribalism has Americans bitterly divided, acrimonious, and dismissive of others based on political differences,” says Rev. Ben Johnson in this week’s Acton Commentary. “Behind this animosity lies a spiritual principle that Rev. Timothy Keller touched on during his address at this year’s Acton Institute annual dinner.” The problem, Keller said, is that people chose a “modern identity” by defining pletely with one, selected characteristic or feeling. Often, it is a profession, especially high-status careers...
Acton Institute continues its Mini-Grants on Free Market Economics program to support college faculty for research and teaching
iStock With the application now live, the successful Mini-Grants on Free Market Economics: Research & Teaching continues for the 2019 year. This grant program is intended to enhance the effectiveness in the research and teaching of market economics for faculty at colleges, universities, and seminaries in the United States and Canada. With minimal application requirements and a streamlined application process, there is an ample amount of time to prepare your ponents and apply by the March 31, 2019 deadline. The...
Radio Free Acton: Hot, dirty, noisy: Purposeful work at Kerkstra Precast; Media blackout on Gosnell movie
On this episode of Radio Free Acton, award winning news anchor Anne Marie Schieber speaks with James Morgan about his job at Kerkstra Precast, an industrial plant. We get a look into James’ daily work and how he finds meaning and motivation in what he does. Then, Caroline Roberts talks to Phelim McAleer, co-producer of the newly released film “Gosnell: The Trial of America’s Biggest Serial Killer,” successful with audiences but since it’s release the film has faced harsh backlash,...
Manna and the land: God’s methods of miraculous provision
Throughout the Bible, we see miraculous moments of God’s immediate provision. He provides manna and quail for the Israelites in the wilderness (Ex. 16). For Elijah, he uses ravens to deliver bread and meat and later supplies daily meal and oil (1 Kings 17). He provides wine for the wedding at Cana (John 2). He multiples loaves and fishes among Jesus’ disciples to feed a crowd of five thousand (Matthew 14). Yet if God is able to intervene and provide...
Rev. Tim Keller on the myth of omnicompetence
One of the dangers of forming a modern identity around achievement is what Rev. Tim Keller calls “the success-failure whiplash.” Succeeding in one area can cause people to believe they have the skills and inner qualities to do anything, and everything, alone – that they are petent. Keller discussed the process in his address to the Acton Institute’s 2018 annual dinner, which he titled “Identity, Business, and the Christian Gospel”: If your identity has e your business and your profession,...
Does social media compromise free will?
In an article for Law and Liberty, Michael Matheson Miller, a research fellow at the Acton Institute, reflects on the book “10 Arguments for Deleting Your Social Media Accounts Right Now.” Written by Jaron Lanier, a “technologist and musician”, “10 Arguments” shares thought-provoking ideas about the dangers and risks involved with social media. “It’s worth noting that Lanier is not anti-technology,” Miller writes. Working panies like Atari and Microsoft, Lanier has devoted much of his life to the tech industry....
What exactly is the unemployment rate?
Note: This is post #98 in a weekly video series on basic economics. If someone has a job, they’re defined as “employed.” But does that mean that everyone without a job is unemployed? Not exactly. For the official statistics, you have to meet quite a few criteria to be considered unemployed in the U.S., explains economist Alex Tabarrok. In this video by Marginal Revolution University, Tabarrok explains how unemployment is officially defined by the federal government. (If you find the...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved