Will Lobbying Destroy the American Empire?

Recently, Fareed Zakaria began his Sunday show discussing the deleterious influences of lobbyist on American politics.  

Here are the basics of “Fareed’s Take”

The entire political system creates incentives for venality. Consider just one factor – and there are many – the role of money, which has expanded dramatically over the past four decades. Harvard’s Lawrence Lessig has pointed out that Congressmen now spend three of every five workdays raising money. They also vote with extreme attention to their donors’ interests. Lessig cites studies that demonstrate that donors get a big bang for their campaign bucks – sometimes with returns on their “investment” that would make a venture capital firm proud.

Now, taking money out of politics is a mammoth challenge. So perhaps the best one could hope for is to limit instead what Congress can sell. In other words, enact a thorough reform of the tax code, ridding it of the thousands of special exemptions, credits, and deductions, which are, of course, institutionalized, legalized corruption.

The most depressing aspect of This Town, by Mark Leibovich, is how utterly routine all the influence-peddling has become. In 1990 Ramsay MacMullen, the great Yale historian of Rome, published a book that took on the central question of his field: Why did the greatest empire in the history of the world collapse in the fifth century? The root cause, he explained, was political corruption, which had become systemic in the late Roman Empire. What was once immoral had become accepted as standard practice and what was once illegal was celebrated as the new normal. Many decades from now, a historian looking at where America lost its way could use This Town as a primary source.

Watch the video for the full take and read more in the Washington Post

 

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August 6, 2013 · 9:09 pm

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