Donald Trump’s populism is turning off corporate donors

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“GO WOKE, GO broke,” intone Republicans fed up with socially aware American firms. But it is the politicians who are paying for their own ideological zeal. In 2000 and 2004 corporate political-action committees (PACs) gave them twice as much as they gave Democrats. After divvying up donations nearly evenly between the two parties in 2008 (perhaps thanks to a charismatic newcomer named Barack Obama), in 2012 and 2016 they favoured Republican candidates again, by a factor of nearly two to one. Company bosses,

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