Disney admitted foray into politics, culture wars hurt its bottom line in SEC filing: Jonathan Turley

Article originally appeared on www.foxnews.com.

The Walt Disney Co. seems to have admitted “its controversial political and social agenda” has hurt the company and shareholders, according to Jonathan Turley.

Turley, a George Washington University law professor and Fox News contributor, used the 300th birthday of famed economist Adam Smith, whose “invisible hand” metaphor explained how people could exercise their choice between particular products, to put a spotlight on Disney’s struggles.

“Disney appears to acknowledge that Smith’s invisible hand is giving the ‘House of Mouse’ the middle finger. In a new corporate disclosure, Disney acknowledges that its controversial political and social agenda is costing the company and shareholders,” Turley wrote in a piece for The Hill.

View full article

Previous post Deadspin targets young Kansas City Chiefs fan, falsely accuses him of wearing ‘black face’
Next post California Democrats say Kamala Harris could have upper hand over Gavin Newsom if they run