Today Florida Governor Ron DeSantis signed legislation that revokes Disney’s virtually self-governing status in that state.
The cause, of course, was Disney’s aggressive pro-groomer, anti-parent political stance. Not long ago it would have been unthinkable for a major corporation to stick its neck out in support of an unpopular, even radical political position that doesn’t even relate to the company’s business. Now perhaps we understand why. …
It strikes me that Florida’s willingness to defend itself against political aggression by Disney is a sign of the times. Republicans, and conservatives generally, are no longer reflexively pro-business. The days of deference to corporate bottom lines are over.
The GOP is the party of small business; big business, for the most part, went left some time ago. Today’s action can be seen as one sign among many of the ongoing realignment of American politics.
For years, The Mouse was considered an unstoppable juggernaut that always got what it wanted. Then Disney decided to to throw it’s corporate weight behind the pro-grooming faction opposing a bill banning discussion of sex in elementary schools, and DeSantis knee-capped them in a week.
Though the losses from special tax breaks and privileges is going to hurt the bottom line, Disney has done far, far more damage to its brand for stepping into the cultural wars to embrace forcing radical transexism on a resisting American public. That’s going to be destroying shareholder value for years (if not decades) to come.