Ahead of election, Rubio splits from Big Business in op-ed

U.S. Sen. Marco Rubio is splitting up with Big Business

Via AP news wire
Monday 01 November 2021 17:27

U.S. Sen. Marco Rubio is splitting up with Big Business.

In an op-ed published Monday, the Republican from Florida called corporate America “the instrument of anti-American ideologies." Rubio bemoaned what he described as corporate America's “wokeness," a catch-all term for being aware of social problems such as racism and inequality. He proposed holding corporate leaders legally liable “when they abuse their corporate privilege by pushing wasteful, anti-American nonsense."

Rubio said companies should be required to disclose how much they invest in the U.S. and their boards of directors should be made to show they have no conflicts of interests with foreign adversaries such as China. Teachers and firefighters whose pensions feed institutional investment funds should be able to vote on shareholder proposals rather than the fund managers who “push ‘woke' policies at corporations by voting in corporate elections on their behalf," Rubio said.

“The companies that control the vast majority of America’s economic resources and curate the information we see and hear on a daily basis now say that America is a racist or sexist country," Rubio wrote in The American Conservative. “These oligarchs believe the very existence of America is fatally flawed, and they are devoting hundreds of billions of dollars to advance corporate propaganda that reflects these beliefs. They aim to remake our society, our culture, and our country."

Rubio also was planning to give a speech later Monday on the same topic to the National Conservatism Conference in Orlando

Rubio's op-ed and speech mark a break for the senator from the traditional pro-business stances that helped his political rise, which included an unsuccessful run for president in 2016. Rubio is facing re-election next year, and his expected Democratic opponent is U.S. Rep. Val Demings from Orlando. If he wins re-election, he is expected to be in the mix of Republicans running for president in 2024.

Republican politicians have been aligned with business interests for generations, but former President Donald Trump shattered many of those norms by engaging in trade wars and attacking technology companies.

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