It can, yes. Ultimately, the concept boils down to "I don't like something about you, so I'm not going to support you anymore." In a commercial setting, that amounts to not buying whatever goods/services they are involved in creating, with "cancelling" happening when that happens on a large enough scale that their opinions/actions become a financial liability (resulting in no more job if their parent company decides they're too much of a liability), but the concept can be applied just as easily to a personal scale, in which case kicking a child out is probably the ultimate example of it.
"These kids have all seen plenty of murders, but we must avoid showing them tits at all costs!"
America is so goddamn backwards. Never mind that you can almost certainly count on one hand the number of kids in any given 8th grade class that haven't watched at least some porn, and statistically, most of those are likely to be ones that see female nudity every time they change their clothes.