Comment by barrkel
5 hours ago
Lobbyists are how companies talk to governments. If you believe that companies create value, then you should believe that companies should communicate with governments. It can help prevent low quality regulations from being pushed through.
Of course what they say should be validated and taken with appropriate weight. Companies are usually blinkered; they know a lot about their specialist area but aren't incentivized to consider collective action problems or externalities. Something similar can be said for every political interest group. Governing effectively means balancing everyone's interests.
> If you believe that companies create value, then you should believe that companies should communicate with governments
Sorry, you're going to have to prove that.
Companies are made up of people, and it's completely reasonable to assume that if people were allowed to have a voice within government, then they could also speak on behalf of their own interests, which will often coincide with that of the companies that they're involved with.
There's no reason to consider companies a separate entity that has its own power to communicate and many reasons not to do that.