In many areas your name can be your most valuable asset. That intrinsic name value is why a company with few hard assets can be worth millions of dollars, why something as small as a web address can be so coveted, and why Donald Trump claims to have a net worth that fluctuates from day to day.
Many organizations will attempt to protect and nurture a valuable name in order to maintain it's value in the future. Others look to sell the name to cash in on it's value immediately. And still others look to purchase or commandeer a name to suck the value out of it in one way or another.
A brand being robbed of value is very common in the business world. A company will purchase a highly respected but niche player, use it's name to sell products with a premium price, and lower the quality of the product to boost profit margins. When the name value no longer fetches a premium price, the brand is discarded.
This happens in politics as well. Most notably in our lifetimes, the Republican party commandeered the Christian brand and utilized it's name value to increase it's political power. As a part of the effort, the Republican party gains a sizable and reliable constituency block united under a common banner, the Christian leaders gain political power, and the Christian brand is slowly drained of the clout it once had.
Are we experiencing something similar with the alt-right movement? We know that the term alt-right was created as a rebranding effort for the nationalist movement, and the term itself seems intentionally phrased to tie itself to the broader spectrum of right wing politics typified by the Republican party. Is the alt-right movement leveraging the brand equity of the Republican party to raise their own image, and if so will it have the long term effect of draining brand equity from the Republican party itself?
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