Letter to the Editor: Companies Have Right to Engage in Political Process
Regarding “Activist shareholders want full disclosure” (Business, May 6): Shareholder proposals calling for greater disclosure regarding “lobbying” sound reasonable until one considers the aim of most of the activists calling for such disclosure: to undermine companies' right to engage the political process and to defend their interests. The view that economic voices are somehow less legitimate than others poses great danger to our democracy. If economic voices are driven from the policy debates, we're left only with the often shrill voices of ideologues.