Money Talks: Big Business, Political Strategy And Corporate Involvement In US State Politics
Political spending by corporations is big business.
As one corporate executive with experience in business-government relations says, “A company that is dependent on government that does not donate to politicians is engaging in corporate malpractice.”
Our research group heard that statement during a series of interviews with industry insiders that we conducted for a study on corporate political strategy and involvement in U.S state politics.
In the 2018 election cycle, for example, private interests spent US$500 million on campaign contributions to U.S. federal election candidates and nearly $7 billion to lobby federal officials.
As shown by campaign finance monitor the Center for Responsive Politics, those firms most affected by government regulation spend more. The operations of Face...