“Dark money” refers to contributions that can be made without disclosure. In the decade since Citizen’s United, corporations have donated millions to trade associations and “social welfare” organizations that don’t have to disclose their donors. The dark money they contribute can then be spent by the organization to influence elections and promote special interests. Nevertheless, anonymity is never a guarantee — and the money trail often leads straight to the boardroom door.
The outsized capacity of a small group of economic elites to so heavily influence politics and policy raises grave issues in a democracy. At a minimum, such actions should be visible, so shareholders, employees, and customers — not to mention citizens and their elected representatives — can judge for themselves.
The bottom line? Dark money and money spent without paying attention to consequences not only undermines our democracy, but also poses serious legal, reputation, and business risks to companies.
