How does corporate influence affect public policy? 🔊
Corporate influence affects public policy by providing resources, expertise, and lobbying power that can sway legislative decisions. Large corporations often employ lobbyists to advocate for their interests, seeking favorable regulations or tax incentives that benefit their businesses. This influence can lead to policies that prioritize corporate interests over public welfare, creating potential conflicts with democratic accountability. Furthermore, the intertwining of money and politics can undermine the political process, as candidates may be more likely to cater to corporate donors than to their constituents. Thus, managing corporate influence is essential for ensuring fair governance.
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