Cancel Culture is a very milquetoast way of describing the damage leftists cause (and the corporations that enable this). It’s not unreasonable to refer to Cancel Culture as economic terrorism. The goal is to intimidate society by publicly destroying a dissident’s life in the hopes that either the mob will kill them or that the dissident will commit suicide due to having every traditional economic opportunity taken away from them.
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I like "economic violence".
It co-opts a tactic the commies like to use. Take a word that has a universally accepted meaning but also that normies are conditioned to react to it in a certain way, then add qualifier it means what I want it to mean but if someone argues against me I can accuse them of being bad actors because they are supporting the original unqualified negative definition.