The evil plutocrat seems to work fine in real life.
For corporations is more convenient to give money to party A so it beats party B, if party B doesn’t work in their interest.
This isn’t an unrealistic precommitment, even if party B doesn’t try to directly attack corporations profit, voting no on proposals that would greatly benefits corporations profit still makes throwing money at party A the right move for corporations to do. There’s basically no need to even make an open threat since everyone involved figures it out on his own.
To avoid parties getting annoyed by being blackmailed and coordinating to take them down, they still give out money as reward for active compliance, but the example is right in saying that they would have to throw out a lot more money if they could only pay for compliance and wouldn’t be able to threaten paying the other side as retribution for rebellion.
The evil plutocrat seems to work fine in real life.
For corporations is more convenient to give money to party A so it beats party B, if party B doesn’t work in their interest.
This isn’t an unrealistic precommitment, even if party B doesn’t try to directly attack corporations profit, voting no on proposals that would greatly benefits corporations profit still makes throwing money at party A the right move for corporations to do. There’s basically no need to even make an open threat since everyone involved figures it out on his own.
To avoid parties getting annoyed by being blackmailed and coordinating to take them down, they still give out money as reward for active compliance, but the example is right in saying that they would have to throw out a lot more money if they could only pay for compliance and wouldn’t be able to threaten paying the other side as retribution for rebellion.