Wanna' Reduce Corruption? Shrink the Government.
Radley Balko | January 23, 2007, 11:13am
While we're bashing McCain, it's worth noting that at the end of this article , his presidential exploratory committee says he will likely decline public funding, and the limits on spending and fundraising that come with it.
Despite all of McCain's heavy-handed moralizing about the corrupting influence of money in politics, it's hard to blame him. To be competitive, he'll likely need several times the amount of money he'd get from federal matching funds.
From the primaries to November, total campaign spending for the 2008 presidential election will probably approach $1 billion. Throw in congressional elections, and you're well over that mark.
I actually agree with McCain on some level: I find the ever-increasing amount of money in federal politics distressing. But not because I don't think people should be able to criticize politicians. I find it distressing because it means the presidency, the Congress, and the federal government have grown so powerful that private Americans are willing to collectively spend more than $1 billion of their own money to make sure their favored candidate and party control them. With a few exceptions, those contributors are spending all of that money because they're anticipating a good return.
When you see the inevitable stories about how much money will be spent on the 2008 election, the spin will likely be something along the lines of how we should be worried because all of that money is buying influence. A better question would be why so much influence is on the table in the first place.
tarran | January 23, 2007, 12:20pm | #
joe, there is no Plan B, because nothing else will work:
A state has a monopoly on the use of force. If you want wealth without creating it, you have to get it from someone through one of the following methods:
1) Get them to give it to you as a gift
2) Trade something for it
3) Take it by force
What is the most efficient way organization for doing number 3? The state.
Let us contrast the Commonwealth of Massachusetts to the Winter Hill Mob. Now, the man running the Winter Hill Mob had to work harder for his loot than his brother who ran the state legistlature. Mr Bulger of the Winter Hill mob had to pay for his own bodyguards, faced the ever present risk of being kidnapped by his biggest competitors (the FBI, for example, lists him as one of its 10 most wanted), whereas his brother was called things like "The Honorable Mr Bulger" and had the most powerful gang in the area (The Massachusetts State Police) supplying him with protection.
Those who do business with the Winter Hill mob faced the same threats of kidnapping and theft that the gang members face, whereas those who go to the Speaker of the House face no such threats.
The Winter Hill mob could only offer so much in the way of favors: they only could extort money from a part of the Boston area. The Commonwealth of Massachusetts could loot far more money from a far larger area and could provide much more in the way of favors.
Thus, if you want to go with option 3, the safest, most efficient bet is to use the state to confiscate wealth for you.
This is my beef with minarchists: once an organization is tolerated to have a monopoly on the use of force, it inevitably is hijacked by those who either seek power for its own sake, or want to go to option 3.