Nonprofit leader urges businesses to publicly defend democracy
Hannah Fried, cofounder and CEO of the nonprofit All Voting Is Local, is calling on businesses to actively engage in defending democratic institutions rather than remain silent. She contends that strong democracies correlate with better economic performance, including GDP growth, while democratic backsliding tends to coincide with weaker economic indicators.
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Fried's argument reframes civic engagement as a business interest rather than a purely political one, which could encourage corporate leaders who typically avoid political topics to reconsider their stance. If her correlation between democratic health and economic performance holds broader acceptance, it may shift how companies weigh the risks of staying silent on governance issues.
- Hannah Fried heads the nonprofit All Voting Is Local.
- She links democratic strength to stronger GDP growth and business performance.
- She argues democratic backsliding tends to coincide with weaker economic indicators.
Source: fastcompany.com, 2026-10-19
Published there as: “Why it’s time for businesses to speak up about democracy”
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