Are political donations attempts to curry favour or merely to avoid persecution?
// July 22nd, 2010 // Uncategorized
The commonly held belief is that donations by corporation or any sort of company (sole trader or partnership) are all about currying favour with the powers that be so that they can get the inside track on some decision that might affect them specifically or their business generally or help them in the awarding of some contract paid for by the public purse. In other words it is about getting one up on your competitors.
Yet what if the main reason is more of a preventative nature than that of a cure. What if companies give money to parties either in or likely to be in government in order to avoid being singled out for exclusion or persecution by the powers that be? What it is less about a culture of avarice and more a culture of fear. Might it be more about damage avoidance than it is about actual gain? Have we not had governments in the past populated by people that might be vindictive enough to target some companies or individuals for not donating to them or their party, of failing to tow the line? And that the lesson learned was one taking preventable action to ensure that they did not fall foul of the whims of minister X.
So it is just possible that such donations are less about securing a leg up and more about not being left behind if everyone else is doing it.