Business Roundtable’s Decision to Give Into ‘Stakeholder’ Capitalism has influenced unprecedented political activism.

‘Stakeholder’ capitalism has allowed more liberal forces and Democrats to control the private sector. By changing a corporation's role to please every member of the community, corporations lost direction and focus. Major corporations ended up serving the people who bullied them hardest.

Groups like the Human Rights Campaign helped set the marketing strategy for organizations across the United States. Listening to stakeholders who bully organizations leads to companies like Target losing billions in market cap because of their decisions to sell offensive, politicized products at the expense of their customers. Or, John Deere sponsoring pride parades and taking other culturally radical stances that are clearly at odds with their customer base. Companies like NASDAQ are implementing discriminatory racial and sexual orientation quotas on companies listed on their exchanges. Finally, situations like Boeing’s deteriorating quality control standards while adhering to Diversity, Equity, and Inclusion decisions.

When you confuse a corporation's purpose, you end up with madness. The Business Roundtable has made a horrible mistake, and every company involved should withdraw its support and focus on its shareholders instead of its ‘stakeholders,’ who have no skin in the game.