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Module: Money, Power, and Democracy
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Module Specifications

Academic Year 2026 - 2027

Module Title Money, Power, and Democracy
Module Code POL1050 (ITS: LG395)
Faculty Humanities & Social Sciences School Law & Government
NFQ level 8 Credit Rating 5
Description

This module aims to discuss some of the most sensitive topics affecting the functioning of contemporary democracies: the tension between the democratic ideal of political equality with the unequal distribution of resources, the disproportionate influence of the most affluent social groups on the decision-making process and policy outcomes, and the relationship between political financing, political competition, and corruption. Throughout the classes, students will get accustomed to a broad range of concepts, approaches and analytical tools aimed to connect the normative and theoretical debates on the role of money as a tool of political association and participation with different regulatory options designed to address the nefarious effects of political financing on the quality of democratic governance.

Learning Outcomes

1. LO1 Understand how political money might impinge on the representativeness, responsiveness, and accountability of democratic governments towards different sections of society.
2. LO2 Analyze different policy options, goals, and tools concerning the regulation of political financing regimes across the key regulatory dimensions such as private funding, public funding, spending, transparency, oversight, and sanctions.
3. LO3 Assess the implications of different political finance rules for party/candidate competition, political participation, and corruption.
4. LO4 Propose alternative solutions of how to mitigate the negative impact of money on the democratic process.


WorkloadFull time hours per semester
TypeHoursDescription
Lecture11No Description
Seminars11No Description
Independent Study103No Description
Total Workload: 125
Section Breakdown
CRN11348Part of TermSemester 1
Coursework50%Examination Weight50%
Grade Scale40PASSPass Both ElementsN
Resit CategoryRC1Best MarkN
Module Co-ordinatorIain McMenaminModule Teacher
Assessment Breakdown
TypeDescription% of totalAssessment Date
AssignmentCritical discussion of an assigned reading - written report 500-700 words50%Every Second Week
EssayWritten essay on a selected module topic - 2500 words50%Sem 2 End
Reassessment Requirement Type
Resit arrangements are explained by the following categories;
RC1: A resit is available for both* components of the module.
RC2: No resit is available for a 100% coursework module.
RC3: No resit is available for the coursework component where there is a coursework and summative examination element.

* ‘Both’ is used in the context of the module having a coursework/summative examination split; where the module is 100% coursework, there will also be a resit of the assessment

Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Money – politics nexus: political equality and political/electoral participation and freedom of speech
The impact of money-politics interplay on political equality, participation and representation. We will focus on how the inequality of economic resources may affect the likelihood of political/electoral capacity to run for public office at the individual (candidates) and collective (political parties) levels. Freedom to spend as freedom of speech. Freedom to contribute as freedom of association.

Research design, methodological and empirical issues in studying the linkage between money and politics
Examination of the key issues hampering the systematic comparative research on political financing, including data collection, aggregation and standardization, and the relationship between regulations and actual financing practices. We will also look at several ways to build up indexes and make data on political finance comparable across nations and time. These exercises will be performed across different areas of political financing, including private contributions, public funding, spending, transparency, oversight and sanctions. Trade-offs and shortcomings.

Party and campaign contributions and political influence
Discussion of several approaches on why individuals and businesses make political contributions and the potential effects on democratic politics. Does the business have a structural power compared to other social groups? Political financing as a problem of collective action. Are there any optimal limits to balance the tension between the freedom of association and undue political influence?

Public funding of parties and election campaigns
Public funding as a regulatory option. Types of public funding: direct (direct subsidies) and indirect funding (free and subsidized access to media, tax breaks etc.) Pros and cons for the provision of public funding to political parties and candidates. Political parties between cartels and public utilities. Variation in the size of state funding, eligibility, and allocation rules.

Campaign spending and political competition
Regulatory tools to limit campaign spending: limits on total spending vs limits on individual spending items (e.g., media ads). The effect of spending rules on electoral competition. The variation in spending caps. Determinants of spending. Relationship between spending and electoral outcomes.

Transparency of party and campaign spending
Relationship between reporting and disclosure. The variation in the scope and stringency of transparency obligations. Is transparency the best disinfectant? Disclosure of donors’ identity – between public interests and privacy: risks and challenges.

Oversight and sanctions of political financing
Features of an effective oversight: institutional autonomy and extensive powers. The variation in supervision arrangements. The balance between the graveness of financing related breaches and the severity of sanctions. When sanctions are ‘dissuasive and proportional’? The variation in oversight and sanctions.

Drivers of political financing reforms
Why and when political parties are more likely to draft and pass political financing reforms? Potential factors affecting the propensity of political funding reforms: corruption scandals, robustness/intensity of political competition, collusion rationales, international conditionality, pressure from below, normative considerations.

Political finance and political corruption
The peculiarities of political corruption concerning political financing. Types of corrupt exchanges: governmental favouritism in the allocation of public/procurement contracts, favourable legislation. Party finance and state capture. Problems in assessing political corruption related to party and campaign funding.

Indicative Reading List

Books:
  • Julia Cagé: 2020, The Price of Democracy, Harvard University Press, 416, 067424611X
  • Jacob Rowbottom: 2010, Democracy Distorted, Cambridge University Press, 257, 1139489445
  • Iain McMenamin: 2013, If Money Talks, What Does it Say?, Oxford University Press, 177, 0199665702
  • Jonathan Mendilow, Eric Phélippeau: 2018, Handbook of Political Party Funding, Edward Elgar Publishing, 552, 1785367978
  • Michael Koß: 2010, The Politics of Party Funding, OUP Oxford, 288, 0199572755
  • Kevin Casas-Zamora: 2005, Paying for Democracy, ECPR Press, 308, 0954796632
  • Martin Gilens: 2012, Affluence and Influence, Princeton University Press, 329, 0691153973
  • Andrea Abel van Es: 2016, Checkbook Elections?, Oxford University Press, 352, 0190603615


Articles:
  • Della Porta Donatella: 2004, Political parties and corruption: Ten hypotheses on five vicious circles, Crime, Law and Social Change, Vol. 42, Issue 1, 530991
  • 2021: How Do Campaign Spending Limits Affect Elections? Evidence from the United Kingdom 1885–2019, American Political Science Review, Vol. 115, Issue 2, 530992, 1
  • Does Money Matter? Credible Commitments and Campaign Finance in New Democracies: Theory and Evidence from Brazil: Comparative Politics, Vol 34, Issue 1, 530993, 1, Treisman Daniel
  • Comparative Politics: Vol. 31, Issue 1, 530994, 1, Hummel Calla, Gerring John, Burt Thomas, 0
  • Vol. 51, Issue 2: 530995, 1, Smirnova Valeria, 2018, Why make political finance transparent? Explaining the Group of States against Corruption (GRECO)’s success in reforming national political finance regulation
  • 530996: 1, Fazekas Mihály, Cingolani Luciana, 2017, Breaking the Cycle? How (Not) to Use Political Finance Regulations to Counter Public Procurement Corruption, The Slavonic and East European Review, Vol. 95, Issue 1,
  • 1: Potter Joshua D., Tavits Margit, 2015, The Impact of Campaign Finance Laws on Party Competition, British Journal of Political Science, Vol. 45, Issue 1,
Other Resources

None

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