Lobbying is the act of manipulating government decisions by use of well connected and specialized individuals or organizations. Big business enterprises usually hire lobbyists to manipulate legislative policies. The representatives of the corporations usually meet with the members of the legislature to give them information about the basis of their industries and persuade officials to make decisions that are in support of their company.
These big corporations have an added advantage since they can refer to their lobbying activities as an enterprise. This is not the case with public interest groups since they have to talk about their lobbying activities. Pressure groups usually employ various tactics such as spinning of the media, sponsoring of a think tank, consulting of their critics, and controlling of the web in order to manipulate legislative decisions. There are several reasons why companies strive to influence government decisions. These reasons include privatization, tax avoidance, tax reduction, pollution and much more. Some of the ways in which firms influence government to include spinning the media, funding campaigns and neutralizing the opposition.
Corporate influence on government
A lot of big corporations have been prospering over the years untouched with any unfavorable legislative policies. This unlimited prosperity of these enterprise entities has caused people to wonder whether these organizations can influence government decisions. It is a very crucial question in the world of business and also society at large. This is because it is very hard to gain enormous profits without the legislative policies always being in your favor. In this age of globalization, firms with immense wealth accumulation have been able to acquire political power. This has helped them to be able to manipulate legislative laws in their favor.
There are numerous ways through which enterprises can use to influence government. In this article, we are going to look into details the three main ways through which corporate can use to manipulate the government decisions. These strategies utilized by firms to influence legislative decisions includes regulatory agencies and the use of campaign funding.
Big organizations usually contribute huge sums of money to political campaigns. In the year 1886, William Mc Kinley was the first person to make such donations. This act has been common ever since. It is even more rampant in the present days after the Supreme Court made a ruling allowing businesses to donate a limitless amount of money to political campaigns. It is common sense that political parties usually accept these huge contributions by cooperates in exchange of legislative policy favors.
Most government agencies usually look for aid by establishing advisory committees to present them information which will assist them to carry out public policies. This is because the information will be in favor of the business enterprises rather than the public if it is acquired from the industry people. A lot of ventures usually establish Political Action Committee through which they contribute money to be utilized in the political campaigns. Corporations which own media houses usually choose to invest in issue advertisements which reinforce concerns of the candidate. Those enterprises which don’t own media houses usually spend the huge chunks of money at their disposal to carry out these political related issues advertisements.
It is without a doubt that big business entities can easily approach politicians as compared to the members of the public. This means that their concerns are often heard and put into practice. Corporations also usually offer money to individuals who are part of particular committees or even sub-committees which are responsible for coming up with decisions that influence their industries.
Corporations also usually utilize regulatory agencies to help them influence the government. The agencies, politicians and corporations usually make an assessment about certain issues. Big enterprises usually target regulation agencies. This is because these agencies are responsible for coming up with parameters for those business entities with the government contracts. These regulations are usually in favor of the companies and hence lucrative to the politicians, the regulatory agencies and also the corporate but not the public. A very good example is the incident which involved General Electric disposing massive amounts of carcinogenic PCBs into the Hudson River. This resulted in dying of many aquatic species such as fish a situation which was very detrimental to the native business community. The small businesses and the public at large ended up being harmed due to the regulated judgment in favor of the big business enterprise.
In summary, it is very true that corporations can influence government decisions. Though, it is important to understand that not just any venture can influence legislative policies. Only the big corporations with a huge amount of money at their disposal have this power. This is because manipulating government decisions entail a series of very complex processes which cannot be done without spending large sums of money. These business entities have been utilizing several methods in order to manipulate legislative decisions.
The methods used include lobbying, use of regulatory agencies and also doing favors to political parties such as funding of political campaigns. To protect their enormous profits, big corporations usually do almost everything at their disposal in order to align legislative policies with their concerns and line of service. This is usually made possible since they have plenty of money at their disposal. There goes a good scenario explaining the common phrase ‘’you use money to make money.’’