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Companies aren't generally supposed to be political. Is the story here that Coinbase is offering a severance for employees that feel the company should be doing
by bdamm 6y ago
Companies aren't generally supposed to be political. Is the story here that Coinbase is offering a severance for employees that feel the company should be doing more? Seems like an incentivized quit.
- CarelessExpert 6y ago> Companies aren't generally supposed to be political. I honestly don't understand how you could believe that. Every oil and gas company or tobacco company has been historically engaged in politics. IBM and BMW famously enabled the Nazi regime during WWII. Union busting and strike breaking throughout the 70s and 80s was entirely political. Silicon Valley, in general, heavily invests in political lobbying, including Coinbase itself!
- mnd999 6y agoThis is incredibly naive. Companies hire lobbyists, make political donations, give seats on the board to former politicians, setup fake grass-roots campaign groups, play states off against each other for tax-breaks. It happens all the time. I'm guessing now they're apolitical Coinbase wont be doing any of that.
- bdamm 6y agoOf course companies play politics to tilt the market in their favor. What I mean is that companies don't often take political stances like "we encourage all our employees to vote X" or "we believe candidate y is the right fellow" or even "we support z ballot initiative" as a company position. Companies might do that one hand removed, but almost never do it directly as a company policy. An example too would be "we support black lives matter". Some companies do, vast majority do not.