Comment by qoez
14 hours ago
Only 26 million is way way lower than I expected, especially given how much these companies make in profit
14 hours ago
Only 26 million is way way lower than I expected, especially given how much these companies make in profit
Scott Alexander had a few posts about that ("why is there so little money in politics?"): https://www.astralcodexten.com/p/tech-pacs-are-closing-in-on...
I think one of the reasons politicians can be bought so cheaply by interest groups is that the opponents of the interests groups have practically no money. The interest groups don't need to spend a ton as long as they spend more than their opponents.
The linked post talks about the effectiveness of AIPAC but fails to mention how much is spent by say, Palestinian interest groups. Perhaps there's a good reason for this: do Palestinian groups have any money to spend on US elections? Try fundraising in Gaza right now.
Likewise, business interest groups have a lot more money to spend on elections than, say, environmental groups. The latter have to beg for small donations from individuals just to stay afloat. Thus, it's relatively easy for business groups to outspend environmental groups. To win an auction, you just have to be the highest bidder.
We should really come up with a system where the entire population chips in a little bit of money and we hire some lobbyists to represent us.
3 replies →
I don’t think this is a great example as a big complaint recently has been the influence of the gulf states on American politics.
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Feels like a lot of words to avoid thinking about “black” money and favors in kind. For example, nobody would include Trump’s golden bar from Switzerland in such ann estimate - repeated ad nauseam for all lobbying corruption.
The Internet thinks that lobbying is bribery. If you wanted a bribery like vehicle, you'd just donate to a PAC or more recently, the new ballroom. Lobbying is just paying people to speak to politicians. After a company has said everything that wanted to every politician that can possibly support their cause, there isn't anything left for them to do.
"Emails from October 2005 show that after Mandelson complained to Epstein about a lack of British Airways air miles, Epstein offered to pay for his plane tickets to the Caribbean."[1]
The biggest shocker to me has been just how "cheap" a lot of people are to buy off. Mandelson is complaining about air miles FFS. So much of this is a few thousand here, some fancy tickets there, a jet ride elsewhere, etc. In my mind it was always much, much bigger sums that people were selling their countries & souls out for, sadly, it turns out a lot of people, even in really high positions, are shockingly cheap.
[1] https://en.wikipedia.org/wiki/Relationship_of_Peter_Mandelso...
I donated $100 to my state's gubernatorial campaign as a part of my annual "make the world a better place" campaign, and was surprised to receive a call from an unknown number the following day. It was the Governor, thanking me for my donation personally, and wondering if there were any issues close to my heart that she could keep in mind. Note that this was from her personal cell phone (for whatever value of personal an executive politician actually has, but still), and she invited me to phone her if I had any issues that the state government could resolve.
That's a wildly low sum of money for a 5 minute personal call, let alone even a modest intervention.