Facebook’s market value plummeted $60 billion in two days after major companies like Pepsi and Verizon boycotted Facebook as part of the “Stop Hate for Profit” campaign. They accuse the social media platform of allowing hate speech and false information to run rampant. Starbucks, Chipotle, and Adidas are also among the company’s boycotters. Facebook CEO Mark Zuckerberg did not satisfy their demands when he announced the platform would begin labeling certain information as “newsworthy” and highlight original reporting rather than “click bait” that “lack credibility.” He said Facebook allows certain content in order to “condemn it,” something he believes is an “important part of how we discuss what’s acceptable in our society.”
“I believe that when it’s not absolutely clear what to do, we should err on the side of greater expression.”Mark Zuckerberg, CEO of Facebook
The Left condemns Facebook for their “symbolic gesture” while failing to address and correct the problem – by censoring hate speech, conspiracy theories, and misinformation. They demand Facebook cease promoting alt-right and hate groups. “Let’s send Facebook a powerful message: Your profits will never be worth promoting hate, bigotry, racism, antisemitism and violence,” read the Stop Hate For Profit campaign site.
“Until a senior executive at one of these firms that have levied extraordinary damage, have denied doing harm to our youth, have done all sorts of damage to democracy — until one of them, and I think this is going to happen, is arrested, and I think it’s going to happen on foreign soil — I don’t think any of them give a good goddamn.”Scott Gallaway
We intentionally made a Facebook ad with false claims and submitted it to Facebook’s ad platform to see if it’d be approved. It got approved quickly and the ad is now running on Facebook. Take a look: pic.twitter.com/7NQyThWHgO— Elizabeth Warren (@ewarren) October 12, 2019
The Right decries the Left’s offense at anything that goes against their liberal narrative. They argue that Facebook regularly censors conservative points of view. eMarketer senior analyst Nicole Perrin says that not allowing any divisiveness “would be difficult to impossible for Facebook to deliver” and would mean changing “the way user-generated platforms operate, and how much they allow people to say.” The Right has previously argued that the term “fake news” is often applied to what is simply conservative points of view.
“The Left has successfully deputized some of the world’s largest corporations into policing the speech of their political opponents..In practice, this means blacklisting right-of-center voices ruled to have crossed the line.”Peter Hasson, Daily Caller News Foundation investigative editor