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Thread: Corporate Donations: inherently corrupting or just part of the system?

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    Question Corporate Donations: inherently corrupting or just part of the system?

    Corporations cannot vote. Neither can foreignors overseas. But we allow Corporations influence public policy by donating to political parties. Why is this?

    From a Company point of view, i wonder are such donations legal if the Memoranda and Articles of Association do not specificaly allow for them. Could a shareholder complain to the Director of Corporate Enforcement that a director is using Company money to support his/her favoured political party (now that SF supports low corporate taxation, it is not as if the choice is that large).

    The Greens do not accept Corporate donations but have not banned them, while they are in government. I wonder does this have anything to do with the large debt of Fianna Fail?

    phil hogan of fine gael makes no apology for accepting corporate donations - despite the less than honourable record of his party. michael noonan as leader banned them as a result. . kenny brought them back.

    The same applies to large personal donations. Why when spending limits are so low - though ignored - can large ie 680 plus, donations be justified? Similarily all large gifts -bar engagement rings - should be declared.

    Does anyone really think that corporations and large donors do so to 'support democracy'?

    Should they not simply be banned and political parties required to tap their members for money? (ff do not currently have a membership fee)

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    Are people happy that our politics is funded by the taxpayer and corporations and not party members, community collections and online donations?

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    Corporate donations are just a small part of the merger of corporate and state power. The politicians are groomed at all levels by corporate interests. To oppose corporate interest would be to be branded an extremist and a subversive - if not absolutely insane, by the corporate media.

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    If those who make 'political donations' and claim that they do not expect any favours in return are sincere, then perhaps the money they are so keen to donate should go to a central fund to support all political candidates.

    The donors could receive some tax benefit in return for their support of democracy.
    “A man who will misuse an apostrophe is capable of anything” (Con Houlihan)

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    Politics.ie Member wombat's Avatar
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    Quote Originally Posted by uriah View Post
    If those who make 'political donations' and claim that they do not expect any favours in return are sincere, then perhaps the money they are so keen to donate should go to a central fund to support all political candidates.
    What they mean is that they expect no personal favours but they donate to parties whose policies they agree with, in other words, pro business parties. The Labour party was founded as the political wing of the Trade Union movement which is why unions contribute funds. I don't want to pay taxes to support political parties, even the one I support.

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    Corporate donations are just part of the corrupt system that has prevailed in this country since we became a free state- Are the Irish people inherently corrupt or what? We have always "admired" the cute hoors who avoided paying their taxes and bucking the system --there is no future for honest hardworking people in this country.It goes without saying that those who can afford to pay for favours will get them -politicians may start off as honest people but they all become corrupted by power in the end .

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    Politics.ie Member jpc's Avatar
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    Stop them immediately.
    Any circumvention that can be attributed to a corporation or a corporate special interest group should be hammered financially.
    Its only a chat, we ain't the world council.

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    Politics.ie Member Bobert's Avatar
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    Why shouldn't companies be allowed to donate? Do they not have as much a right to influence democracy as indivduals?
    Every one sees what you appear to be, few really know what you are, and those few dare not oppose themselves to the opinion of the many, who have the majesty of the state to defend them.

    - Niccolò Machiavelli

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    Quote Originally Posted by wombat View Post
    I don't want to pay taxes to support political parties, even the one I support.
    They're going to be financially bitch-whipped and manipulated by someone at the end of the day. Would you prefer that to be you, the voter and tax-payer, or big business/unions? Political parties have to get the money somewhere to participate in a functioning democracy, so the choice we have is who they are ultimately financially beholden to.

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    Unless we are prepared to pay extra taxes to fund political paties and politics in general then corporate donations will remain. If they do the only thing that government can do is make them as transparent as possible. This involves the production of assounts for ALL donations naming the contributors.

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