Responding to Reich, part 4: The Case Against Campaign Finance Laws

Foundation for Economic Education
by Patrick Carroll

“To formalize the argument, Reich seems to be saying that political donations from corporations and wealthy individuals are bribery, bribery should be illegal, and therefore these political donations should be illegal. Now, an interesting line of response would be to contest the idea that bribery should always be illegal. … Interesting as that line of discussion may be, the more compelling response is probably to accept for the sake of argument that bribery is wrong and should be illegal, and instead push back on the first claim: that political donations from corporations and wealthy individuals necessarily constitute bribes.” (10/12/24)

https://fee.org/articles/responding-to-reich-part-4-the-case-against-campaign-finance-laws/