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The Big Story

We live in the age of boycotts. But which ones work?

May 15, 2024
The podcast delves into the effectiveness of boycotts, particularly focusing on the recent boycott against a grocery chain in Canada. Topics include the history and evolution of boycotts, challenges of boycotting a widely available chain, emotional drive behind boycotts, and strategies for influencing corporate behavior through consumer advocacy.
18:43

Podcast summary created with Snipd AI

Quick takeaways

  • Boycotts in the digital age often originate on social media platforms like Reddit, presenting new challenges in encouraging widespread participation.
  • Shareholder activism can be an effective strategy to influence corporate change by proposing resolutions at annual meetings for a direct dialogue with company leadership.

Deep dives

Origin of the Law-blas Boycott

The boycott of Law-blas originated within the Reddit community on a subreddit thread called Law-blas is out of control, resembling a grassroots movement. Historically, boycotts were often initiated by community or advocacy groups, but in the digital age, they increasingly emerge on social media platforms like Reddit. The organizers' demands include reducing grocery prices, increasing food security, and implementing specific price reduction measures.

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