21 January 2010

It's good to be a corporation, part II

As discussed here some months ago, the Supreme Court today handed in its decision on Citizens United v. FEC declaring limits on corporate campaign spending unconstitutional.
The ruling represented a sharp doctrinal shift, and it will have major political and practical consequences. Specialists in campaign finance law said they expected the decision to reshape the way elections were conducted. Though the decision does not directly address them, its logic also applies to the labor unions that are often at political odds with big business.
Well, it's awfully magnanimous of them to make unions exempt as well, since there's nothing the American labor movement needs more than to throw away more money in a Sisyphean effort to battle corporations in the political arena. This is, I guess, the court's idea of "balance;" I don't see how this provision doesn't help big business even further.

On the positive side, it will now be impossible--if it weren't before--to deny the elephant in the room of corporate-bought democracy. Maybe, as many have suggested, our politicians can take a page from auto racing and wear the logos of their sponsors on their suits. Imagine the acceptance speeches now! "I'd like to thank the boys of Citibank and DuPont for giving me a great car out there this campaign season." It could go places.

MOAR: American Leftist.