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by abnry
1843 days ago
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And what drives these decision makers to act so shamefully is the reputational economy. Yes, sometimes a boycott will damage the bottom line, but most often it is the damage to one's status within the wider society that is being protected by the decision to fire someone. If you personally want to avoid this, reduce your dependence on reputation. |
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When the telecoms were buying up media companies and film/tv studios, suddenly all of their most expensive assets (actors & personalities) started falling out due to cancel culture. Bill Cosby, Matt Lauer, Rosanne Barr, etc., must have driven the execs at AT&T, Comcast, and Verizon completely nuts. The highest paid CEO used to be CBS's, until they also got him on cancel culture. If CBS's most profitable asset, Judge Judy, were a man, she'd already have been cancelled a decade ago. (She's fought with CBS execs over her exorbitant contract for over a decade now.)