Thursday, 23 October 2008

Political Finance

Cash for honours??? Cash for influence may be a more serious issue?!
Laws have been developed to limit the influence of political donors but there's a sneaking suspicion amongst the public that deals done on millionaires yachts may have a pernicious influence. Would Interactive Democracy, and its re-balancing of democratic power, have a detrimental effect on party funding? Would wealthy individuals decide instead to create a campaign for laws that benefited them? Would they spend thousands on advertising to persuade us to vote for their proposals?
I suspect they would. But I don't think it would be such a bad thing. In fact it could be a great contribution to debate and would likely be far more obvious to the public than today's opaque political money go round.

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