Narrowing or Widening the Fountainhead of Corruption?

One of the oldest tenets of corruption theory is that election campaign contributions constitute the fountainhead of corruption in government. To repay that three million dollar contribution of BankX, elected candidate X proposes a bill to lower taxes on bank profits. Simple stuff. Conventional thinking is that if you eliminate this patron-client relationship by financing campaigns with public taxpayer money, the result will be less corporate influence and corruption in government. But at what cost? Mexico’s system is completely publicly...

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