[benzible]

We mostly agree. I'm really just making the point that focusing blame on the capitulators lets the people wielding state power off the hook. I suppose you could take the position that the industrialists who capitulated to the Nazis (I mean, those who didn't actively support them to begin with) were more at fault than the Nazis. Personally, I don't believe that.

And to be clear, I'm not saying fiduciary duty requires capitulation. CEOs can absolutely make the case that resistance serves long-term shareholder interests, and the evidence backs them up. Costco is thriving after, and arguably because, they held firm on DEI. Target capitulated and lost $12.5 billion in market value and its CEO resigned. I started shopping at Costco for this reason and haven't been in a Target since Trump took office, after shopping their regularly. What I am saying is that the short-term incentive structure of public companies makes capitulation easier, which is exactly why the coercion works so well and why it's the bigger problem. The system erects hurdles to doing what's right, and often what's even in a company's own long-term interest.

[mindslight]

I'm definitely not looking to let anybody off the hook here. I'd sum up my point as tacit support is still support, especially when we're talking about owners of media empires. One can understand how an industrialist that produces widgets and gadgets might not want to get involved in politics, regardless of what happens. But in media you're effectively in politics, and you're going to be involved even if you try and stay out.

FWIW your post nudged me to focus on Costco again. I had signed up for a membership to buy some appliances, but I haven't really incorporated it my day to day household purchases. A bit of activation energy because their warehouse is somewhat far away, the parking lot is always swamped, their website experience is clunky and hostile, etc. But I should at least be able to add them to the rotation.