Republicans are falling out of love with America Inc
That heralds risks for big business—and change for American capitalism
To american executives, Rob Portman is the ideal politician. Clever, reasonable and experienced, he served as the top trade representative and budget director for George W. Bush, the Republican president from 2001 to 2009, before becoming a senator for Ohio more than a decade ago. Mr Portman has just one shortcoming: he is retiring. The party’s nominee to replace him is J.D. Vance, backed by Donald Trump, the most recent Republican commander-in-chief. Mr Vance calls big technology firms “enemies of Western civilisation” and casts elite managers as part of “the regime”, with interests anathema to those of America’s heartland.
This article appeared in the Business section of the print edition under the headline “The elephant in the boardroom”
Business August 20th 2022
- Republicans are falling out of love with America Inc
- Germany’s Greens and Deutschland AG cross-pollinate
- Can JBS remain the world’s biggest food producer?
- Could the EV boom run out of juice before it really gets going?
- When to trust your instincts as a manager
- For business, water scarcity is where climate change hits home
From the August 20th 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
Germans are world champions of calling in sick
It’s easy and it pays well
Knowing what your colleagues earn
The pros and cons of greater pay transparency
A $500bn investment plan says a lot about Trump’s AI priorities
It’s build, baby, build
Donald Trump’s America will not become a tech oligarchy
Reasons not to panic about the tech-industrial complex
OpenAI’s latest model will change the economics of software
The more reasoning it does, the more computer power it uses
Donald Trump once tried to ban TikTok. Now can he save it?
To keep the app alive in America, he must persuade China to sell up