Ezra Klein on corruption in US politics
March 3, 2012 11:14 PM Subscribe
Our Corrupt Politics: It’s Not All Money. Ezra Klein on corruption in US politics. The key mistake most people make when they look at Washington—and the key misconception that characters like Abramoff would lead you to—is seeing Washington as a cash economy. It’s a gift economy. That’s why firms divert money into paying lobbyists rather than spending every dollar on campaign contributions. Campaign contributions are part of the cash economy. Lobbyists are hired because they understand how to participate in the gift economy.
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