Impact of transition brought about by “Revolving door” laws on lobbying, history homework help

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Impact of transition brought about by “Revolving door” laws on lobbying

Lobbyists are public, private or non-governmental bodies that provide parliament with certain specific expertise and know-how on numerous economic, scientific, social and environmental areas. Lobbying activities have been subject to debate for many years and in the recent past, laws have been enacted to deal with lobbying activities particularly by public government officials (Avner 26). As a result, “Revolving door” lawsforbids public officials from engaging in lobbying activities for one year after leaving office. Revolving laws have been received with acceptance and criticism in equal measure. The following discussion entails a brief and detailed description of some probable effects of public officials making this transition.

Firstly, good lobbyists offer information and ideas to lawmakers regarding issues that pertain their jurisdiction and as such, attempt to persuade the lawmakers to do things in their direction of influence. To achieve this, some lobbyists make campaign contributions and/or offer favors to lawmakers. As such, lobbying after leaving office may be a prudent and a significant source of immense contributions to a country especially when the lobbyists are genuinely knowledgeable and with genuine aims of selflessly building their country (Hamm 85). Simply put, lobbyists provide avenues through which legislators can acquire information on topics that maybe weren’t their areas of expertise. Therefore, by prohibiting lobbying by public officials following their years in office, this advantage is lost.

The second focus lies on social cost and expenditure imposed on a country by corporate lobbying. Lobbying can create high costs for entrepreneurial firms by driving investor returns down. Moreover, it heightens political liability for regulators and lawmakers who try to balance their reaction to firms with their mandate for investor protection. This has an unfavorable outcome in that it provides a sub-optimal efficacy for the society in regards to the cost accrued by the society. If proper regulations are not put in place, individuals in management and senior political positions are motivated to shunt assets from its authentic shareholders (Hamm 102). “Revolving door”, laws therefore, provides effective control on the manner in which people in individual positions can be protected from negative influence from lobbyists with ultimate advantage for the society.A classic example that reveals the effect of transition made by political officials as a result of “Revolution door” laws involve companies. Companies that successfully lobby for tax-code changes denies the society of its rightfully acquired revenues. Despite all the aforementioned setbacks brought about by this transition effected by “Revenue door” laws, it is important to note that lobbying has created incentives for new ventures whose sophisticated structures could not have been effected or actualized without lobbying by former public officials. Such holds true in many countries including United States of America (USA). America has a distinct history of enterprise and creativity, and numerous successful businesses have grown in the US thanks to positive effects of private, non-governmental and political lobbying.

The above discussion clearly reveals the pros and cons of public officials making the transition brought about by “Revolving door” laws prohibiting them from participating in lobbying activities for a year or so following expiry of their days in office. As aforementioned, the effects that lobbying has on the society could either be positive or negative depending on the genuineness and selflessness behind the intentions of the lobbying. There is no doubt that “Revolving door” laws have had a significant impact on the society in the US and in the entire globe as a whole.

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