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Role of Money in Politics the Influence

Last reviewed: November 8, 2011 ~3 min read

Role of Money in Politics

The influence of money on the contemporary politics is enormous and one that cannot be wished away. The role that money plays is as significant as the victory of the party. It has been observed in all the campaigns that the party members usually fall back to funds drive in order to raise money for the campaign, this is an aspect that has already began in the U.S.A. As we speak with custom made merchandise going out so as to raise money for the campaign period that is yet to come.

The debate on corporations' involvement in politics has been around for a long period of time, with those arguing for it indicating that it is a right of speech to the corporate world as enshrined in the First Amendment. It is a tricky situation taking into account the fact that corporations are treated as individuals in all manner of approach except in politics. However, my opinion would be not to involve the corporations in politics or financing of political affairs or ambitions. This opinion is informed by the unforeseen consequences that may come with such activities. This involvement in politics can be used by corporations to quietly fight other corporations they deem as enemies and to some extent impose monopoly by the bigger corporations.

The second concern here is that the political participation by the corporations may also mean a tool of blackmail that can be used at any time by the sponsor corporation(s). In effect, the supported presidential candidate will owe the corporation a favor in return once they successfully get into office hence the beginning of pushing for dubious reward systems. The corporation may want tenders awarded to them, favorable treatment and other measures that are not official. This is a gateway to corruption and the president that was sponsored may be forced to cooperate especially if he is bound to vie for a second term in office otherwise risk the withdrawal of the support, or even a great blackmail by the powerful corporations.

The involvement of free expression to mean the freedom to support a candidate in politics may also blur the line between politics and governance and each day in office for the president will be filled by political agenda rather than development agenda. If there are decisions that are to be made that may affect the sponsor corporation, the president will automatically shift from the administrative function in office to political aspect in order to secure the corporations.

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PaperDue. (2011). Role of Money in Politics the Influence. PaperDue. https://www.paperdue.com/essay/role-of-money-in-politics-the-influence-52784

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