Read e-book online Money Talks: Speech, Economic Power, and the Values of PDF

By Martin H. Redish

ISBN-10: 0814775381

ISBN-13: 9780814775387

Many have argued that delicate funds and targeted pursuits are destroying the yank electoral approach. And but the clarion demand crusade finance reform basically touches at the extra common trust that money and financial strength have a disastrous influence on either loose expression and American democracy. The nation's fundamental resources of communique, the argument is going, are more and more managed by means of significant company empires whose fundamental, or maybe particular reason is the maximization of revenue. And those conglomerates may still easily no longer be granted an analogous constitutional security as, say, anyone protester.

And but neither the expenditure of cash for expressive reasons nor an underlying purpose of revenue maximization detracts from the values fostered by means of such job, claims Martin H. Redish. in truth, given the trendy monetary realities that dictate that potent expression nearly calls for the expenditure of capital, any restrict of such capital for expressive reasons will unavoidably lessen the sum overall of accessible expression. extra, Redish the following illustrates, the underlying intent of these who desire to limit company expression is war of words with the character of the perspectives they express.

Confronting head-on one of many sacred cows of yankee reformist politics, Martin H. Redish the following once more lives as much as his recognition as one among America's most unique and counterintuitive felony minds.

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Extra resources for Money Talks: Speech, Economic Power, and the Values of Democracy

Example text

76 Though Holmes’s “marketplace” theory has often been subjected to modern scholarly attack,77 it would be difficult to deny the relevance of his reasoning to the basic epistemological premises of democratic theory. Ultimately, the rationale for a total rejection of government’s power to regulate viewpoints it finds offensive or disagrees with is that any such power would be inherently boundless. In other words, one could not 30 | Commercial Speech and Democratic Values authorize a reviewing court to distinguish acceptable viewpoint regulations from impermissible ones.

We further agree that once those choices have been made, those in power may not suppress the expression of those who disagree with those choices. This “bet-hedging” rationale does not represent a firmly held theory of moral epistemology so much as an instrumental construct designed to avoid totalitarianism. Thus, the Rawlsian model does not presume a societal commitment to some form of ethical relativism. One may simply believe that the government, ex ante, must be guided by such a principle in order to prevent ideologically based takeovers that undermine the process-based values fostered by self-determination.

This is not to suggest that the theories of liberal democracy are completely free of moral question or difficulty. ”63 As David Held has articulated the position: Liberal theory—in its classical and contemporary guises—generally assumes what has, in fact, to be carefully examined: namely, whether the existing relationships among men and women, working, middle and upper classes, blacks and whites, and various ethnic groups allows [sic] formally recognized rights to be actually realized. ”65 26 | Commercial Speech and Democratic Values From a purely moral or social perspective, the problems to which these scholars point may be deemed real ones.

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Money Talks: Speech, Economic Power, and the Values of Democracy by Martin H. Redish


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