Corporate Influence And Political Corruption - 1383 Words

In today’s society many Americans believe that there is corruption within politics. According to Jeffrey Milyo author of Corporate Influence and Political Corruption, a nationally representative opinion survey done in 2008 states that, â€Å"a little more than 50 percent of respondents agreed that corruption in the federal government is widespread and an extremely serious concern, while fewer than five percent considered corruption in the federal government to be rare or not a concern† (Konisky, Milyo, and Richardson, 2008). This leads many Americans to believe that politics is an â€Å"inherently corrupt activity† (Milyo, 2014). This of option of course can be looked at from many different perspectives. With many major corporations contributing to political campaigns; it is assumed that these politicians are being â€Å"bought† to further benefit the corporation’s agenda. Therefore, the perspective of Ethical Egoism; contributing to these campaig ns is deemed justified since it would further benefit the company. A politician who invokes an ethical egoism view would believe that their actions of accepting contributions from a major cooperation would be justified since it helps them achieve their goal of entering their chosen political position. Since the politician is achieving what they wish then to them, their actions are justified. If you follow the logic of utilitarianism, one would argue that contributing to campaigns to benefits the company and its employees and that insures thatShow MoreRelatedAmeric The People, For The Corporations1738 Words   |  7 Pagesthe Corporations I. Introduction Corporate money in politics has become an increasingly prominent issue in the political spectrum of the United States after the 2010 Citizens United Supreme Court decision which lifted the cap on political contributions from corporations, thus increasing the influence companies have on the US electoral process (Shekar 71). This controversial court case brought the issue of non-voter influence on elected officials to the political stage and gave worry to many AmericansRead MoreThe Democracy Of The United States Government1246 Words   |  5 PagesRandy Rivas Political Science 1 O’Regan Fall 2015 Voter Turnout In a democracy citizens are permitted to have a significant amount of influence on government through the election of government officials. This is known as Direct Democracy, which means that the citizens play a significant role on the laws and policies of the land. Although the liberty of voting is available, why is the voter turnout so low? Many other countries have a much larger vote turnout than the United States. The reason forRead MoreCitizens United for Arguments1260 Words   |  6 Pageswidespread perceptions of corruption and undermining public confidence that elected officials serve in the public interest, The perception that super PACs are corrupting government is making Americans disillusioned, and an alarming number say they are less likely to vote this year. Americans say they are less likely to vote because big donors to super PACs have so much more influence over elected officials than average Americans. Americans believe super PAC spending will lead to corruption Subpoint C: NegativeRead MorePolitical Corruption1391 Words   |  6 Pagescollectively decided to crack down on corruption? Is this crack-down a permanent change or just a temporary phase? a. Over a decade, Corruption has become a serious threat for every nation as it directly impacts the country’s economy thereby its overall growth at all levels. b. Corruption is considered to be a global disease which has already spread across the universe in a drastic manner and no country can be proud to say that they are corruption free. But in the recent era, many countriesRead MoreCorporate Political Campaign Spending: Is Democracy for Sale?1598 Words   |  7 PagesPossibilities that may come to mind are things like, corruption, deceit, fraud, schemes, and other illicit activity or transactions. This is where an important question arises. What, then, is the difference between bribery and corporate political campaign funding? It is plain to see that the answer ranges somewhere between nothing and very little. In today’s political world democracy is for sale. For starters, take a look at what this corporate political campaign funding really is. This type of fundingRead MorePolitical Corruption Essay1706 Words   |  7 Pagesthroughout the world is political corruption. Political corruption can be surveyed as when a ranking government official use their power to make illegitimate gains in their private life. However, to define political corruption would be an illicit act done by an elected official that institutes political corruption if the act is unswervingly correlated to their authorized responsibilities, which is also done beneath the color of law or encompasses trading in influence. Political corruption doesn’t always happenRead MoreCorporations And Corruption Of The United States1549 Words   |  7 PagesCorporations and Corruption In our world today, the more money and power have a direct relationship. What this means is that the more money one has, the more power that person has – whether it be the power to influence, inspire, or even rationalize with others. In the United States, we have the privilege of being governed by a democracy, which, in turn, allows power to be vested in the people and also exercised by them as well. That power and voice that we have the ability to exercise is being drownedRead MoreThe Mutual Relationship Of Politics And Economics994 Words   |  4 Pagesand economics existing exclusively from one another; economics was built on a political foundation. As Sklar states in The Corporate Reconstruction and the Antitrust Law, â€Å"there is no society more ‘political’ than the ‘market society,’ that is, capitalist society.† (p. 88) The origins of a political economy are quite old, but the actual creation stems back hundreds of years to some of th e earliest corporations. A political economy uses personal politics to give advantage to the market, specificallyRead MoreLobbying and Politics Essay1236 Words   |  5 Pagesthat lobbying and politics have always gone hand and hand on any political stage. Lobbying has always had a strong presence in the legislation system. Lobbying is the process of offering campaign contributions, bribes, or information to policymakers for the purpose of achieving favorable policy outcomes. Conventional wisdom suggests that lobbying is the preferred mean for exerting political influence in rich countries and corruption in poor countries. The legislation is meant to benefit society andRead MoreThe Party State Monitoring Of The State Owned Enterprise1749 Words   |  7 Pagesthe SOEs should run by entirely independent legal individuals with some anonymity to operate on the commercial basis. However, various factors influence the corporate governance in China with the critical pillars including r espect for the stakeholders in the enterprise and legal protection of disclosure and transparency. Irrespective of the essence of corporate government transparency, the irony remains that the government is operated without anyone checking what is being done. The importance of the