Corporate America's Silence on Gun Regulation Sparks Frustration Among CEOs
In the aftermath of a recent mass shooting in Nashville, the usual chorus of corporate leaders calling for gun control legislation has fallen eerily silent. While CEOs have long been vocal on issues like voting rights and sustainability, their absence from discussions around gun reform is jarring to many observers.
According to Yale professor Jeffrey Sonnenfeld, who has direct lines to major CEOs, they are growing frustrated with the lack of progress in advocating for gun control legislation. "The social change that happened in the 1960s wasn't being led primarily by CEOs," he notes. "Social changes really happened when we saw the interfaith activity of clergy locking arms and canvassing legislators. We saw campuses alive and aroused."
Sonnenfeld argues that while CEOs have taken a strong stance on gun control, they are not willing to be the only ones singing in this chorus. They want to join forces with other civic leaders, politicians, and activists to push for meaningful change.
This sentiment is echoed by Tom Zhu, Tesla's executive in charge of global production and sales, who notes that even after a price adjustment, demand for their products still outstrips supply. "As long as you offer a product with value at an affordable price, you don't have to worry about demand," he says.
The silence from corporate America on gun regulation is surprising, especially given the growing power and influence of large corporations in shaping public policy. According to Sonnenfeld, CEOs are not asking for more support; they simply want others to join them in advocating for change.
The lack of action from big business has led many to question whether CEOs hold the purse strings when it comes to donating to politicians or influencing campaign contributions. In reality, much less campaign contributions have come from big business since the 2020 elections. Since the 2021 run on the Capitol, businesses have either imposed official moratoriums or given mere pennies to politicians.
As Sonnenfeld notes, "Social capital is as valuable as financial capital." CEOs understand that they want there to be social capital, but they need the rest of civil society to join them. It's time for all stakeholders β including big business β to come together and demand meaningful change on gun control legislation.
In the aftermath of a recent mass shooting in Nashville, the usual chorus of corporate leaders calling for gun control legislation has fallen eerily silent. While CEOs have long been vocal on issues like voting rights and sustainability, their absence from discussions around gun reform is jarring to many observers.
According to Yale professor Jeffrey Sonnenfeld, who has direct lines to major CEOs, they are growing frustrated with the lack of progress in advocating for gun control legislation. "The social change that happened in the 1960s wasn't being led primarily by CEOs," he notes. "Social changes really happened when we saw the interfaith activity of clergy locking arms and canvassing legislators. We saw campuses alive and aroused."
Sonnenfeld argues that while CEOs have taken a strong stance on gun control, they are not willing to be the only ones singing in this chorus. They want to join forces with other civic leaders, politicians, and activists to push for meaningful change.
This sentiment is echoed by Tom Zhu, Tesla's executive in charge of global production and sales, who notes that even after a price adjustment, demand for their products still outstrips supply. "As long as you offer a product with value at an affordable price, you don't have to worry about demand," he says.
The silence from corporate America on gun regulation is surprising, especially given the growing power and influence of large corporations in shaping public policy. According to Sonnenfeld, CEOs are not asking for more support; they simply want others to join them in advocating for change.
The lack of action from big business has led many to question whether CEOs hold the purse strings when it comes to donating to politicians or influencing campaign contributions. In reality, much less campaign contributions have come from big business since the 2020 elections. Since the 2021 run on the Capitol, businesses have either imposed official moratoriums or given mere pennies to politicians.
As Sonnenfeld notes, "Social capital is as valuable as financial capital." CEOs understand that they want there to be social capital, but they need the rest of civil society to join them. It's time for all stakeholders β including big business β to come together and demand meaningful change on gun control legislation.