{"id":2475,"date":"2020-12-15T19:12:13","date_gmt":"2020-12-16T00:12:13","guid":{"rendered":"https:\/\/americancompass.beckandstone.com\/ceos-if-you-really-believe-in-stakeholder-capitalism-now-is-your-chance-to-make-it-real\/"},"modified":"2022-11-07T14:41:53","modified_gmt":"2022-11-07T19:41:53","slug":"ceos-if-you-really-believe-in-stakeholder-capitalism-now-is-your-chance-to-make-it-real","status":"publish","type":"post","link":"https:\/\/americancompass.org\/ceos-if-you-really-believe-in-stakeholder-capitalism-now-is-your-chance-to-make-it-real\/","title":{"rendered":"CEOs: If You Really Believe in Stakeholder Capitalism, Now Is Your Chance To Make It Real"},"content":{"rendered":"\n<p>Many corporate executives are looking forward to the prospect of divided government in Washington, with President-elect Joe Biden in the White House but Republicans potentially holding onto the Senate, because they hope it will limit the chances of what they see as progressive overreach. But CEOs who have made commitments on issues such as climate change and racial justice should reject the outdated mantra that all regulation is bad for business and use their influence to push for a \u201cstakeholder capitalism agenda,\u201d both with Republicans on Capitol Hill and the Biden administration.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8230;<\/p>\n\n\n\n<p>If unions can win concessions from whole sectors on increased wages or benefits\u2014or if governments do it by legislation\u2014then values-driven companies that pursue high-road labor practices won\u2019t be at a competitive disadvantage to others that exploit and shortchange workers. The politics are also changing: there is a <a href=\"https:\/\/americancompass.org\/essays\/conservatives-should-ensure-workers-a-seat-at-the-table\/\" target=\"_blank\" rel=\"noopener noreferrer\">growing movement among conservatives<\/a> such as Senator Marco Rubio (R-FL) and Oren Cass, executive director of the think tank American Compass, to question old Republican assumptions and take a fresh look at new approaches to empower workers, including sectoral bargaining. If CEOs throw their weight behind these proposals, they could help build a new cross-partisan consensus.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>American Compass\u2019s work on corporate responsibility and labor reforms is highlighted as a key example of the growth a bipartisan consensus on the obligations of businesses.<\/p>\n","protected":false},"author":43,"featured_media":2476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tec_requires_first_save":true,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":"","footnotes":""},"categories":[14],"tags":[28],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - 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