American business used to be a common partner of Republicans. But the party claims that corporations have now gone “woke”, endorsing progressive values. Are companies really moving leftward? Eitan Hersh finds that business leaders perceive their companies moving toward Democratic elites and policy priorities, mostly due to internal demands. Soubhik Barari finds that companies are moving leftward in their social media posts and that public messaging is indicative of their internal behavior. They both say the woke capitalism narrative may be incomplete, but commentators are reacting to real change.

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