The Manhattan Institute, founded by
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The fact that corporate money is seeking to influence public policy is nothing unusual. From the different ways of how private money helps to shape politics the first, and most familiar is direct campaign contributions to political candidates and parties, which is especially widespread in the United States. While the second great river of money goes to underwrite lobbying apparatus in diverse state capitals, the third form of attempts to influence public policy making is less well-known, but nearly as wide and deep as the two others - it is money which underwrites a vast network of public policy think tanks and advocacy groups. Although tried to be labeled in another way, unmistakably, these donations are naked attempts by corporations and other donors, to influence the political process.
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The London-based Institute for Economic Affairs (AEI) from its beginning undertook an extensive publishing program to push forward its free-market ideology. Among its publications was one particular paper, which had a direct and immediate political impact. Published in 1960 "Resale Price Maintenance and Shoppers' Choice" by Basil Yamey argued for the abolition of Resale Price Maintenance, which by fixing prices in shops prevented large stores from necessarily under-cutting smaller shops. Yamey argued that a free market in shop prices would save the shoppers £180,000,000 a year, and prices would fall by five percent.
The publication of Yamey's paper was timed to coincide with a period of public debate on the subject to ensure maximum impact, and Yamey's suggestions were taken up by the incumbent Conservative Government. Although the Abolition of Resale Price Maintenance by
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Japanese parent company of the Toyota group and one of the largest automobile manufacturers in the world. Most of its subsidiary companies are involved in the production of automobiles, automobile parts, and commercial and industrial vehicles. Toyota has assembly plants and distributors in many foreign countries, and ist vehicles, some in the form of unassembled units, are exported to more than 140 countries. In addition to automotive products, subsidiaries manufacture rubber and cork materials, steel, synthetic resins, automatic looms, and cotton and woolen goods. Others deal in real estate, prefabricated housing units, and the import and export of raw materials. Headquarters are in Toyota City.
Global financial services firm. Engages in mutual funds and international equities.
The United States entered a new era in social policy in 1996 by enacting historic legislation that changed the philosophy as well as the structure of protection for the needy. After 61 years under a welfare system in which the federal government had guaranteed cash assistance to the poor for an indefinite period, welfare policy was revised to put new emphasis and reliance on the states while stressing individual self-sufficiency and the initiation or resumption of work among beneficiaries. The Personal Responsibility and Work Opportunity Reconciliation Act, the official name of welfare reform, was passed by Congress in August 1996.