Why do businesses contribute to political parties? Is money a
universal language? Do business contributions to political parties
convey different messages in different countries? This book answers
these questions based on intensive case studies of Australia,
Canada, and Germany, as well as data from other countries. Business
money does talk politics. In liberal Australia and Canada, the
competitive short-term focus of firms generated substantial demand
for private goods that could help firms develop an advantage over
their rivals. Thus, business financing of parties conveyed a
pragmatic message: in exchange for small but certain financial
benefits, contributing businesses expect, as a reciprocation, to
receive special consideration of their lobbying efforts.
Australia's left-right party system created an awareness of policy
risk, which motivated ideological payments, but there was no
ideological bias in business financing of politics in centrist
Canada. In Germany's co-ordinated economy, the most important
policies for firms tend to be the public goods defined, championed,
and delivered by their business associations. In this context, the
pragmatic motivation for contributions to political parties is
weak. The combination of consensual political institutions and
constrained parties means there is a very low risk of major policy
change from election to election. So, there is also little interest
in ideological financing of political parties. If money talks, what
does it say? places business financing of political parties in the
context of debates about political corruption and offers advice on
political reform. Comparative Politics is a series for students,
teachers, and researchers of political science that deals with
contemporary government and politics. Global in scope, books in the
series are characterised by a stress on comparative analysis and
strong methodological rigour. The series is published in
association with the European Consortium for Political Research.
For more information visit: www.ecprnet.eu The Comparative Politics
series is edited by Professor David M. Farrell, School of Politics
and International Relations, University College Dublin, Kenneth
Carty, Professor of Political Science, University of British
Columbia, and Professor Dirk Berg-Schlosser, Institute of Political
Science, Philipps University, Marburg.
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