1 Sep 2022

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Corporate Contributions to Political Campaigns: Everything You Need to Know

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Academic level: College

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The era of politics leaves a divided nation not simply because all the activities are shut down to give a room for the campaigns but based on the different sides that we all take have left a great question on our ethical practices. It is the right of every citizen or the organization to cling or support the political party of their interest. However, the big question still lingers in the ethical practice that is emanating due to the practical participation of the corporate participating or supporting the political affairs. 

What are the ethical issues? 

The theory of utilitarianism is a normative ethic that holds the concept of maximization of the utility. In this element, a utility is significantly defined as an economical gain, pleasure and above all, the lack of suffering due to the aspect of securing an unethical form of favor. 

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Mill’s theory of utilitarianism argues that we should heavily relay or make a choice of actions that will enhance or provide the best results we should consider which influences the maximum number of beneficiaries ( Ruggiero, 2014 ). Through this concept, it is quite clear that the involvement of the corporate in the political campaign affairs is unethical as this only targets the beneficial concept to the limited group of individuals. In other words, the political candidate supported by the corporate will act under control and pressure from the corporate and not to solve the public affairs. 

Basing on Kant’s deontology that dictates and up rises the equal benefit of both parties, Kant appeals that all the aspects of unity should be shared to both the parties. In this manner, we are introduced to a positive means and ways of sharing an equal opportunity to every individual as they worked hard for it. In other words, Kant emphasizes on the respectfulness of the human right, by all means, to ensure there is a clear display of the activates carried out. 

What are the breaches of ethical behaviors? 

Corporate contribution to political campaigns has a significant impact that is derived or emanates from the aspect of favor. In most case scenario, corporate have participated in supporting the politicians’ ether financially to ensure that the desired politician is elected to the position ( Ruggiero, 2014 ). By so doing this not only affects the will of people but it may be seen as a way of corruption and Froud. Financial aid only helps to fuel the political campaigns to ensure that the candidates exploit the limited period to enhance their popularity. However, this is not the main idea that the citizens of the nation would have required or desired to elect. In this case, the citizens are presented with an unfit or unsuitable candidate who is not self-oriented or fair enough to bring equal opportunities to the local citizens. 

On the other hand, the aspect of facilitating the campaigns is an act of scratching my back I scratch your back. The elected candidates tend to return the favor by developing a lope hole that would maximumly benefit the corporate regarding market value and formulation of the stiff and tough rules that are only meant to demoralize other competing corporate in favor of the one that supported the candidate during the campaign ( Kim et al., 2016 ). 

On the same note, this gives a breeding place for lack of innovation and evading of taxation payment. As a result, the corporate is insulated from the hand of taxation, enjoying the maximum benefit at the expense of other organizations that are in the same field. 

How could each ethical theory you cite help people think about what constitutes various or ethical behaviors? 

Basing on the Kant’s deontological theory, we are urged to act in a manner to which we would like other people to treat us if we are in the same awful position to which they are facing. Through this, it is quite understood that it is essential to have an equal right to every individual or the citizen of the nation ( Braswell et al., 2017 ). Through the idea of corporate participation in political affairs, the other corporate that are not fully able to support any political candidate are in grave danger of facing stiff competition due to the formulated rules that do not tend to favor them. 

On the other hand, Mill’s theory explicitly dictates on the importance and need to ensure that all the necessary benefits are equally shared to the local individuals ( Erwin et al., 2015 ). With the participation of the corporate in this platform, there will be greater chances of oppression to the workers of the corporate as the stakeholders would maximize their limited resources to ensure that the workers of the organizations adequately compensate for the effort and money that was spent on the political campaigns. 

With the favor emanating from the elected candidate, most of the competing organizations will be forced to drop out of the market as they will feel the urge due to the continuous exploitation of their limited resources. 

Conclusion 

In conclusion, personal interests and gains are the basic motives that profoundly alter ethical practices, where most of the individual, turn a public opportunity into a private or commercial opinion that would only offer opportunities to a limited number of individuals but not to the whole required group of individuals. 

References 

Braswell, M. C., McCarthy, B. R., & McCarthy, B. J. (2017). Justice, crime, and ethics . Taylor & Francis. 

Erwin, E., Gendin, S., & Kleiman, L. (Eds.). (2015). Ethical issues in scientific research: An anthology (Vol. 814). Routledge. 

Kim, C. F., & Zhang, L. (2016). Corporate political connections and tax aggressiveness. Contemporary Accounting Research , 33 (1), 78-114. 

Ruggiero, V. (2014). Thinking critically about ethical issues . McGraw-Hill Higher Education. 

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StudyBounty. (2023, September 16). Corporate Contributions to Political Campaigns: Everything You Need to Know.
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