The silence from corporate America on gun control is deafening following the latest mass shooting at a Nashville school. The nation has come to rely heavily on large corporations to take a stand on various issues, including gun regulation. Yet, after years of activism, CEOs seem unwilling to pick up the mantle again.
In fact, experts say that top executives have become increasingly frustrated with the lack of progress on gun control legislation. "They've taken a very strong stance and they're where the general public is on surveys," says Yale professor Jeffrey Sonnenfeld, who runs the Chief Executive Leadership Institute. "But they're not where the general public is on action in the streets."
The reason for this complacency? Sonnenfeld believes that social capital β or the ability to bring people together and drive change β is just as valuable as financial capital. However, CEOs are waiting for others to join them in advocating for gun control.
One would think that CEOs hold significant sway over politicians through campaign contributions. Yet, since the 2020 elections, much less of this money has been donated by big business. Since the January 6th riot at the US Capitol, many businesses have either imposed official moratoriums or given mere pennies to politicians.
Tesla's latest sales figures are another example of the disconnect between corporate America's boasts and reality. The company reported a modest 4% rise in sales in the first quarter compared to last year, despite Elon Musk's claims of strong demand for its lower-priced vehicles.
The problem isn't that CEOs aren't trying; it's that they're underestimating the power of social activism. As Sonnenfeld notes, "It was not just CEOs who led the social change of the 1960s." Rather than waiting for CEOs to lead, activists need to step up and demand action on gun control.
For now, the silence from corporate America is a jarring reminder that, when it comes to driving meaningful change, individual actions matter more than collective boasts.
In fact, experts say that top executives have become increasingly frustrated with the lack of progress on gun control legislation. "They've taken a very strong stance and they're where the general public is on surveys," says Yale professor Jeffrey Sonnenfeld, who runs the Chief Executive Leadership Institute. "But they're not where the general public is on action in the streets."
The reason for this complacency? Sonnenfeld believes that social capital β or the ability to bring people together and drive change β is just as valuable as financial capital. However, CEOs are waiting for others to join them in advocating for gun control.
One would think that CEOs hold significant sway over politicians through campaign contributions. Yet, since the 2020 elections, much less of this money has been donated by big business. Since the January 6th riot at the US Capitol, many businesses have either imposed official moratoriums or given mere pennies to politicians.
Tesla's latest sales figures are another example of the disconnect between corporate America's boasts and reality. The company reported a modest 4% rise in sales in the first quarter compared to last year, despite Elon Musk's claims of strong demand for its lower-priced vehicles.
The problem isn't that CEOs aren't trying; it's that they're underestimating the power of social activism. As Sonnenfeld notes, "It was not just CEOs who led the social change of the 1960s." Rather than waiting for CEOs to lead, activists need to step up and demand action on gun control.
For now, the silence from corporate America is a jarring reminder that, when it comes to driving meaningful change, individual actions matter more than collective boasts.