Legal | Policy Insight
Due to the fact that dissemination of viewpoints is expensive, private actors with the greatest wealth could monopolize the means of communication. In this view, campaign finance regulations are required to prevent inequalities in wealth from being translated into inequalities in political power.
However, it is noteworthy that the regulation of campaign finance is most effective when neither equality nor liberty is the dominant value expressed in a country’s jurisprudence. In a heated debate over whether campaign finance reform should work towards reducing corruption in the electoral process, on the one hand, and protecting freedom of speech, on the other, the most suitable solution is a balance of values that fashions out a nation-specific system that benefits the nation as a whole.
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Oluwatobi Olakanye
Research Analyst, borg.
contact: o.o@borg.re
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