OpinionTrending Commentary

Meet The Left’s New Best Friend — Corporations

A recent Wall Street Journal lead story reported that “Republicans and big business broke up.” The amount of corporate donations to Republicans was cut sharply in the last election cycle to a lower amount than in nearly a decade.

The U.S. Chamber of Commerce has backed many Democrats running for Congress in close and competitive races, which puts the GOP slim majority in jeopardy.

The writing is on the wall: Corporate America is increasingly aligning itself with liberal Democrats, not Republicans.

Some of this shift in corporate allegiances is due to some bad decisions by Republicans. The GOP has shortsightedly pursued a “break up Big Tech” campaign, and the party’s slide toward tariffs and away from free trade, one of the pillars of prosperity, is worrisome to any free marketeer.

We should have free trade with countries, unless they are like China, threats to American security.

The real question is whether the GOP should want or even need support from the corporate boardrooms, which are increasingly going “woke.” Maybe it is time for a divorce.

Big business is increasingly siding with big government. Democrats are passing out Biden Bucks and corporate America lusts for free federal money. Like field mice, they gobble up the morsels the Democrats spill out of their pockets.

Corporate welfare spending in Washington is at an all-time high, with hundreds of billions of taxpayer dollars pipelined into the coffers of the Climate Change Industrial Complex, semiconductor companies and other Beltway Bandit industries.

Principled free market Republicans should take a strong stand against runaway government spending and debt, against 19th-century antitrust laws enforced by super-regulators such as Federal Trade Commission Chairwoman Lina Khan, against corporate welfare programs that cultivate big business dependency on the government and against the self-serving Wall Street doctrine of “too big to fail.”

If corporate America is against that agenda, then don’t let the door hit your fanny on the way out of the party.

An alliance between big business and big government, after all, is simply a form of what used to be called “fascism.”

What is the alternative for the GOP? It’s obvious.

Republicans must be the party of the 80 million small-business men and women who employ more than 60% of our workers. Alfredo Ortiz, the head of the indispensable Job Creators Network, notes that “most small businesses don’t have PACs and lobbyists and fancy K Street Washington offices. They just want to be left alone.”

He’s right. My father ran a successful small business for 40 years outside of Chicago. He worked long hours and was gone often when I was growing up. I don’t think he ever visited Washington, D.C. He had disdain for politics and most politicians. That’s a fairly universal attitude of employers. And who can blame them given the torrent of nosy regulations by Washington lawyers, bureaucrats and politicians who know nothing about running a business or making a profit?

If big business wants to bolt and make peace with the party that hates enterprise, entrepreneurship and profit, that’s a sad commentary on the state of affairs in corporate America, not the GOP.

President Calvin Coolidge once said that “90% of people who come to Washington want something they shouldn’t have.” Too often these days, our Fortune 500 companies want your and my money, and that’s something they shouldn’t have.

Stephen Moore is a senior fellow at the Heritage Foundation and a co-founder of the Committee to Unleash Prosperity. His latest book is “Govzilla: How the Relentless Growth of Government Is Devouring Our Economy.”


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One Comment

  1. People keep wondering why Big Corporations have gone “woke” but it’s really easy to understand if you just “follow the money”. Big Business simply salivates over a potential market of 1.5 Billion people (potential consumers) in China which is over 4 times our population of 330 million. That’s why the Democrats also bow to the CCP but, more importantly, they see China as their political “model”. The Democrats now call the CCP (Chinese Communist Party) the PRC (People’s Republic of China). It’s no accident. It sounds way better (China is a Republic??) because the “PRC” is what the Democrats want to emulate. China was failing in the early days of Mao because the communist zealots couldn’t produce anything and millions starved. So China gradually evolved a very successful system of “crony” Capitalism where those that can produce are allowed to get rich as long as they are subservient and obey the CCP. That system has allowed China to grow its GDP at an enormous rate and move millions beyond basic subsistence. So the Democrats have adopted that model here, have gotten rid of the “Communist” label, and that’s why they have morphed from the party of the “working man” to the party of “Big Business”; that they used to abhor. It’s an unholy alliance. If Big Business goes “woke” and supports them financially then the Democrats promise to be “hands off” on their tax breaks, their monopolies, and provide all the cheap labor they could ever dream of through our completely open border.

    Then the Democrats also know from watching China that the other challenge is to control the populace; through indoctrination, intimidation or both. So they’ve been working successfully for years to control our educational system and then exert control over all the mainstream and social media. Then, more recently, that have weaponized all the control levers of government (the DOJ, the FBI, the CIA, the IRS, and even now the DOD) against the political opposition. All the race baiting and gender dysphoria is just a distraction to divide and conquer. Coup nearly complete. The last step which is happening as we speak (helped ironically, by the Chinese made Pandemic) is to bankrupt the middle class in America and make most everyone government dependent. Then we will become a nation of just two classes. The rich politicians and their complicit crony capitalist oligarchs and the poor masses. Just like China and every other Communist/Socialist state in history.

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