Business Roundtable Coordinates First Major Corporate PAC Election Strategy
The Business Roundtable, representing Fortune 500 CEOs, coordinated the first systematic corporate PAC strategy for the 1978 midterm elections. Corporate PACs contributed $9.8 million to federal candidates, with 75% going to business-friendly Republicans. This marked the beginning of coordinated corporate electoral interference and the systematic capture of legislative processes through financial influence.
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The Cascade Ledger. “Business Roundtable Coordinates First Major Corporate PAC Election Strategy.” The Capture Cascade Timeline, November 7, 1978. https://capturecascade.org/event/1978-11-07--business-roundtable-coordinates-first-major-corpor/