I think the most disturbing part of the SCOTUS ruling on corporations' donating to campaigns is being missed.
Let's say I work a normal 9-5 job for a large company, like Ford. Let's further say I'm a Democrat, but Ford decides to donate a large sum of money to a Republican candidate. (Or, if you'd rather not consider party affiliation, just assume I disgree with the candidate's platform.) Essentially, my work is now directly going to fund policies that I disagree with. Does that mean I should quit my job and go work for a corporation that supports Democrats?
This can happen in a way without corporations being able to directly contribute, but at least the money is funneled through the compensation of the executives and it's their own personal decision. Although I might think the executive is overpaid, I have no right to tell anyone else how to spend their own money.
Similarly, what if I'm an average American and I have some of my IRA/401(k) invested in Ford, who then backs a political candidate I don't agree with. In a less direct way, my money (used to purchase stock in the company) is being used to fund political decisions I disagree with. Should I sell my stock?
The missing element that it seems no one is talking about is that the ruling essentially politicizes both the employer-employee relationship and the corporation-stockholder relationship.
Let's say I work a normal 9-5 job for a large company, like Ford. Let's further say I'm a Democrat, but Ford decides to donate a large sum of money to a Republican candidate. (Or, if you'd rather not consider party affiliation, just assume I disgree with the candidate's platform.) Essentially, my work is now directly going to fund policies that I disagree with. Does that mean I should quit my job and go work for a corporation that supports Democrats?
This can happen in a way without corporations being able to directly contribute, but at least the money is funneled through the compensation of the executives and it's their own personal decision. Although I might think the executive is overpaid, I have no right to tell anyone else how to spend their own money.
Similarly, what if I'm an average American and I have some of my IRA/401(k) invested in Ford, who then backs a political candidate I don't agree with. In a less direct way, my money (used to purchase stock in the company) is being used to fund political decisions I disagree with. Should I sell my stock?
The missing element that it seems no one is talking about is that the ruling essentially politicizes both the employer-employee relationship and the corporation-stockholder relationship.