BUS 100 Lecture Notes - Lecture 6: Political Action Committee, Dark Money, Campaign Finance In The United States
Document Summary
Business needs government and politics to help regulate them and keep competition. Elephant dancing among chickens : the idea that the government is a heavy weight thing that is trying to influence what happens. Influences workers to have a voice and basic benefits and rights: corruption in unions: paying union fees, virginia is a right to work state: you have the right to have a job and not to join a union. Unions oppose business in government because they are concerned about too much regulation, you want room to negotiate. Unions are at very low levels today: csr, technology, competition. Lobbying: lobbies must register with the government and are subject to oversight. Political action committee: form of financial incentive (page 165), companies that can organize but not give to them; a pac are giving money to people that are seeking office.