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imperialism & war

Anti-War support from coporate America?

Ben Cohen co-founder of Ben and Jerry's on behalf of the Business Leaders for Sensible Priorites put out an ad in opposition to war.
Business Leaders for Sensible Priorities put an ad that appeared in the New York Times: "They're selling you war. We're not buying it". article Sorry, no picture of the ad itself.
Behind the scenes 14.Oct.2002 16:25

maxomai maxomai@aracnet.com

I get the feeling that most of the anti-war corporate pressure is going to happen behind the scenes, where the corporations won't be caught "acting un-patriotic."

The fact is, there are a LOT of companies who stand to lose a LOT of customers if the United States continues to act like a bully. McDonalds, GM, Ford, Harley Davidson, etc. make a mint off of sales and franchises overseas. The negative PR generated from being associated with a nation that's seen as an aggressor would depress sales; an outright boycott of American goods could break them.

High tech companies like Microsoft and IBM have other problems. Their sales depend upon, amoung other things, the perception that their products are (or can be made) secure and reliable. If overseas customers believe that Microsoft Windows XP's crypt.dll has a bug installed by the NSA (for example), sales could plummet.

There is also the fact that GOP voters tend to own stock more than Democratic voters do, and that a war tends to depress US stock prices. Rich investors can make money either way (they can sell short and then buy back after the bombs start dropping), but the really big players are institutional investors, and they're getting pounded. The GOP hard-core constituencies might forgive the President for making them broke, but soccer moms won't.

John Mclaughlin predicted last Sunday that there will be no war. If he's right (and I hope he is), this may very well be the reason why: peace is simply more profitable.