The GOP doesn’t seem to realize this.
Woke Capital is a big opportunity for them to dump a major albatross. They’ve been supporting all of these unpopular economic policies for decades because 1.) that is what their traditional suburban base wanted and 2.) because Mitch & Co. have always sold out to corporate donors.
The corporate donors are now saying they are woke and have been threatening to cut off the spigot of donations. The wealthy suburban moderates with cosmopolitan values whose politics are tax cuts and virtue signaling about racism voted for Joe Biden and have become Democrats.
In light of the resorting of the electorate with Big Business and Wall Street explicitly joining the Democrats, why would you keep the same economic agenda? If Big Business and Wall Street want tax cuts, deregulation and free trade, why wouldn’t you force the Democrats to deliver those things? Why would you continue catering to the interests of your political opposition and taking the huge hit on economics for doing so? Why wouldn’t you call the bluff of the Democrats and support raising corporate taxes?
How do you want to brand your party to win elections? Do you want to be the party of breaking up and regulating the Silicon Valley monopolies? Do you want to be the party of taxing billionaires and Wall Street? Bryanism is now a much more popular brand now than 1980s Reaganism.