Attention Economy


Saturday, November 23, 2024

Legalized Corruption – Corporate Lobbying in America

Elon Musk and the age of shameless oligarchy
https://www.vox.com/money/387348/elon-musk-trump-president-billionaire-oligarchy
We’ve never seen a political donor this loud, proud, and culturally influential.


Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
https://www.nytimes.com/2024/11/23/us/politics/trump-tariff-exemptions.html
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.

Silicon Valley, the New Lobbying Monster
https://www.newyorker.com/magazine/2024/10/14/silicon-valley-the-new-lobbying-monster
From crypto to A.I., the tech sector is pouring millions into super PACS that intimidate politicians into supporting its agenda. 

The Problem of Monopolies & Corporate Public Corruption
https://www.amacad.org/publication/daedalus/problem-monopolies-corporate-public-corruption
Abstract
Defining corruption as the exercise of public power for private, selfish ends, many theorists have argued that individuals can be corrupt even if their actions are legal. This essay explores the knotty question of when legal corporate action is corrupt. It argues that when corporations exercise public power, either through monopolistic control of a market or through campaign contributions and support of governmental actors, they are subject to the same responsibilities of anyone who exercises public power. Therefore, as a theoretical matter, we should call corporations corrupt when they exercise public power selfishly, in a way that puts their own interests over the public’s interests. Because they make legal corporate corruption less likely, global anticorruption campaigns should therefore emphasize antimonopoly laws and campaign finance laws.