this post was submitted on 25 Mar 2024
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[–] psvrh@lemmy.ca 145 points 2 years ago* (last edited 2 years ago) (2 children)

To be honest, the people who actually run LL Bean have written open letters distancing them and the company from Linda and her views.

They are (were) stuck with her earning dividends, but she didn't have actual support from or much influence on the company.

She mostly just took dividends, hocked her lobster rolls and created a PR problem for the company.

[–] zeppo@lemmy.world 2 points 2 years ago (1 children)

I suspect she hawked lobster rolls vs. taking them to a pawn shop.

[–] boogiebored@lemmy.world 2 points 2 years ago
[–] NegativeInf@lemmy.world -5 points 2 years ago (2 children)

The money the company made, whether the company liked it or not, benefited causes that oppressed or sought oppression of one's fellow man. I don't care how "nice" and "good" and "distant" the Nazi fundraiser is from your core business. Your core business still in practice supports those causes financially. It's difference without distinction. Stop buying Nazi stormtrooper coats because they are "Just so fluffy!"

But they just said this Nazi lady had nothing to do with them other than collecting share dividends. I don’t understand your comment based on that?

[–] psvrh@lemmy.ca 6 points 2 years ago (1 children)

The thing is they had no way to stop paying shareholder dividends to a her.

Currently, there's no law on the books that let's a company not sell shares or not pay dividends to a Nazi. I wish there was, but there isn't.

They did the best they could, which was saying "this person and their views are not held, endorsed or supported by the company and its staff and other directors."

This is very different from, eg Hobby Lobby or MyPillow, where the company endorsed the views of and is actively run by Nazis.

[–] NegativeInf@lemmy.world 2 points 2 years ago (1 children)

I'm not saying don't pay the Nazi from the company perspective. I'm saying as a consumer I shouldn't support this company because the dividends go to a Nazi.

[–] psvrh@lemmy.ca 3 points 2 years ago

Fair, but I suppose the concern is that doing so punishes every non-Nazi owner, manager or worker.

If I started a company, went public, and a fascist dipshit bought 10% of that company shares on the open market, do I deserve to be punished despite my putting out a press release that says I don't agree with said fascist dipshit, but I can't do anything about them because of contract law?