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[PEN-L:30440] RE: Re: corporate poltiical [sic] contributions ove r-rated?



Title: RE: [PEN-L:30439] Re: corporate poltiical [sic] contributions over-rated?

 
Michael Perelman:
An alternative explanation is that you can buy a vote on a particular
issue relatively cheaply.  The test would be when you have clashing
corporate interests, does the cost go up -- as when Jay Gould and Cmmdr.
Vanderbilt were bidding for judges and legislators to support their
respective interest viz-a-viz the Erie Railroad.


Also, I think it's true that corporate contributions to politicians sometimes cancel each other out, but together they promote a generalized corporate politics.

Second, the article didn't notice that corporate political contributions and lobbying expenditures can be -- and usually are -- complementary, part of a general campaign to influence policy.

JD



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