Abstract

Deregulation of the political process could be an instrument to reduce the overwhelming power of specialised interest groups and tighten the links between voters and politicians. But deregulation causes serious problems. Reputation pooling by international political enterprises depends on a transnational public sphere which is quite unrealistic. And political enterprises are not capable of shaping candidates for public service. Putting political finance in the hands of voters simply moves lobbying activities to the level of voters and does not change the asymmetrical influence of interest groups. Above all, the idea that political enterprises exchange experts in parliament does not fit into the crucial principle of parliamentary government and political responsibility.