CAPITALISM: Facebook to Give $100 Million Grant to Businesses During Pandemic


(RightWingAmericans.Com)- Facebook might not always be on the side of Republicans and conservatives, but the tech giant and its wild success is representative of the power of the American capitalist system. This was made even clearer this week when the tech giant announced it would be offering $100 million in cash grants as well as free ad credits to small businesses all over America.

The move is designed to help reduce the economic impact of the spread of the coronavirus, which is causing global governments to take unprecedented action.

Chief Operating Officer for Facebook, Sheryl Sandberg, shared a blog post on Tuesday that detailed the grant. She encouraged people to take part, work together, and help each other.

In the post, Sandberg explained how she had seen “inspiring examples of individuals and groups helping each other” in recent weeks.

“People across the globe are stepping up, rising to the enormous challenge in front of us. We want to do our part too. Small businesses are the heartbeat of our communities, and many of the people who run these businesses are heavily affected by the crisis – especially as more and more people sensibly stay at home,” she added.

Sandberg also told readers how Facebook has “listened to small business” and that they understand how best to help them.

“We’ve heard loud and clear that financial support could enable them to keep the lights on and pay people who can’t come to work,” she added.

The post then announced that the $100 million grant will be distributed across 30,000 businesses in more than 30 countries affected by the crisis. This is one of the biggest American companies helping businesses all over the world, completely independently.

Can you get any more American than that?

This isn’t the first thing Facebook has done to assist with the fight against the coronavirus pandemic. In February, the company announced it would do more to stop advertisements that promised a cure to the virus, which is currently non-existent.

Almost 5,000 cases of the coronavirus have now been confirmed in the United States. 145 countries have been affected by the virus in total, and other first-world nations are taking strict measures to control the spread of the disease.