Gmgt 1010: The Corporate Power Debate

These flashcards cover key concepts related to the corporate power debate, including definitions of terms, important cases, and the implications of corporate involvement in politics.

Corporate Personhood

The legal notion that a corporation has certain legal rights and responsibilities similar to that of an individual.

Corporate Political Spending

The financing of political parties and candidates by corporations to influence policy outcomes.

Political Action Committees (PACs)

Organizations that pool campaign contributions from members and donate those funds to campaigns for or against candidates.

Super PACs

A type of political action committee that can raise unlimited funds to advocate for or against political candidates.

Umbrella Organizations

Associations that coordinate activities and pool resources for related, industry-specific institutions.

Trade Associations

Organizations made up of businesses from one industry, supporting those businesses in various ways.

Ad Hoc Organizations

Temporary groups created to address specific, short-term needs outside the scope of permanent structures.

Think Tanks

Organizations conducting research and advocacy on policy issues to influence public policy and strategy.

Corporate Lobbying

The process of influencing public officials to promote or defeat regulations and laws beneficial to corporate interests.

Globalization

The process by which businesses develop international influence and operate on an international scale, often reducing the role of government.

Citizens United v. FEC

A landmark Supreme Court case that ruled corporations can spend unlimited amounts on political campaigns.

Business Political Involvement

Participation by corporations in the formulation and execution of public policy at various government levels.

Public Affairs Offices

Organizations monitoring governmental environments and managing responses to protect corporate or industry interests.

Campaign Spending in Canada

Regulated limits on contributions and spending during elections, varying federally and by province.

Corporate Influence on Democracy

Critics suggest that the involvement of corporations in politics may threaten democratic processes.

The Koch Brothers

American businessmen known for their significant political contributions and influence through various organizations.