Money in Politics

Money is a significant factor in politics, with politicians enriching themselves, spending campaign money, and accepting lucrative golden parachute jobs. Money in Politics argues that these different forms of capital are part of a common system and should be analyzed in a single framework. It advances a comparative theory that shows how self-enrichment, campaign spending, and golden parachute jobs are connected, and how a change in one form affects the other. The book uses evidence from countries around the world to demonstrate this.

Format: Paperback / softback
Length: 300 pages
Publication date: 09 June 2022
Publisher: Cambridge University Press

In the realm of politics, money holds immense significance, serving as the driving force behind various strategies and maneuvers. Politicians often use their positions of power to enrich themselves, utilizing campaign funds to secure re-election and secure lucrative post-office jobs known as "golden parachutes." Money in Politics delves into the intricate relationship between these different forms of capital, arguing that they form part of a cohesive system that requires comprehensive analysis. The book proposes a comparative theory that connects self-enrichment, campaign spending, and golden parachute jobs, shedding light on the mechanisms through which money enters politics and the profound impact it has on democratic processes.

Through a wealth of evidence drawn from countries worldwide, including causally identified quantitative studies, qualitative cross-national comparisons, and original survey experiments, the book offers a comprehensive understanding of the role of money in politics. It demonstrates that a change in one form of capital inevitably affects the others, highlighting the interconnectedness of these elements and the consequences they have for democracy.

One of the key insights of Money in Politics is that money is not just a neutral tool or a means to an end; rather, it actively shapes political outcomes and influences public policy. The book highlights how wealthy individuals and corporations can use their resources to influence elections, shape public opinion, and gain access to policymakers. This power imbalance creates a distorted playing field, where marginalized voices and communities are often left behind.

Furthermore, the book explores the ethical implications of money in politics. It raises questions about the role of campaign finance regulations, the influence of lobbyists, and the potential for corruption. It emphasizes the need for transparency, accountability, and democratic reforms to ensure that money does not undermine the democratic process.

In conclusion, Money in Politics is a thought-provoking and enlightening book that provides a comprehensive analysis of the role of money in politics. It challenges the conventional understanding of money as a neutral factor and reveals its profound impact on democratic processes. By examining the various forms of capital, the book offers a comparative theory that connects self-enrichment, campaign spending, and golden parachute jobs, shedding light on the mechanisms through which money enters politics and the consequences it has for democracy. Through a wealth of evidence and thoughtful analysis, Money in Politics provides valuable insights for policymakers, activists, and citizens alike, as we work towards creating a more equitable and democratic political system.

Weight: 420g
Dimension: 152 x 227 x 21 (mm)
ISBN-13: 9781009054713