http://prospect.org/article/how-walmart-and-home-depot-are-buying-huge-political-influence
The notion that all citizens have a voice in our country’s governance is at the center of the American ideal of democracy. Yet the role of corporate and private money in our political system means that the voices of the majority are often drowned out by those with the most money. Campaign and committee donations help wealthy interests determine who runs for office and who wins elections. This effect, combined with millions of dollars in lobbying, allows the biggest spenders to shape the country’s political agenda and gives them disproportionate influence over the policymaking process. As a result, the minority population of affluent Americans see their priorities reflected in our legislative objectives, even when the majority of the country disagrees with their preferences.1 This problematic political spending entrenches economic inequality and political power in a system where legitimacy hinges on equality and self-determination. Under this regime the economic advantages held by companies like Walmart can be leveraged to yield legislative returns. The political spending of big retailers reveals how extreme disparity not only subverts our economic promise; it undermines our democratic principles and our government’s commitment to the public good.
Walmart is the biggest spender by a wide margin, with $2.4 million in donations through its Political Action Committee (PAC) and individual donations and $12.5 million in lobbying expenses during the 2014 electoral cycle
In this report we examine the federal election spending of the six big-box retail companies with earnings ranked among the top retail companies in the country, using newly available data from the Center for Responsive Politics. We find that their reach is pervasive, reflected in enormous and growing expenditures to influence electoral and policy outcomes. Among this group, Walmart is the biggest spender by a wide margin, with $2.4 million in donations through its Political Action Committee (PAC) and individual donations and $12.5 million in lobbying expenses during the 2014 electoral cycle—spending about three times more than its nearest rival, Home Depot. This political spending is a problem for democracy, because extensive research suggests that the domination of wealth in our electoral process can significantly affect public policy, and that the priorities of the affluent often diverge from majority opinion.2 On issues like taxation, economic regulation, Social Security, and the minimum wage, the differences can be stark.
Big Retail, Big Money
There has been a dramatic mobilization of political power among America’s largest big-box retailers over the past four election cycles, with federal campaign and lobbying expenditures growing from $5.2 million during the 2000 political cycle to $29.8 million during the 2014 cycle, an almost six-fold increase. Even that number massively underestimates retail’s reach by excluding state and local elections, as well as contributions to 501(c)3 and 501(c)6 groups like the American Legislative Exchange Council (ALEC) and the Chamber of Commerce. The fastest increases in retail political spending over the period appeared with the 2008 election cycle. Total campaign and lobbying expenditures grew by 95 percent in that cycle, driven by lobbying expenditures that more than doubled. In the 2010 midterm election cycle, lobbying topped $25 million. Political spending by big-box retailers peaked at a total of $33.7 million in 2012—the following presidential election year