According to End the Bribe System, “A ‘corporate democrat’ is a term used to describe a politician or political candidate who is associated with the Democratic Party in the United States and who is perceived to be more aligned with corporate interests than with progressive or left-leaning values.” The term is generally used by individuals critical of those politicians, who they believe prioritize the interests of corporations over their ordinary constituents.
These politicians are generally seen in the mainstream media as more moderate or centrist, and they are more likely to support policies that are beneficial to corporations, such as deregulation and tax cuts. Some corporate Democrats also call themselves “New Democrats.”
They also receive campaign contributions from large corporations and wealthy donors, which creates the perception that they are beholden to their donors rather than their constituents.
The term “corporate democrat” tends to be used by those on the left of the political spectrum who are critical of the influence of corporate money in politics and who support more progressive policies. They might view these politicians as too willing to compromise on important issues, or as not doing enough to address issues such as income inequality, climate change, or access to healthcare.
Although this term can be used in a derogatory manner, not all politicians within the Democratic Party who receive corporate donations are necessarily “corporate Democrats.”
There are different definitions of what a “corporate Democrat” is depending on who you ask. Some argue that a corporate Democrat is any politician who supports corporations, but that is not the best definition. End the Bribe System defines corporate Democrats as “…any Democratic Politician who accepts money from rich donors for favors (but claims it doesn’t influence them).”
Although corporate Democrats may support some policies their constituents want, when they have to make a decision, they will do what their wealthy donors prefer.
Most Republicans today can be considered “corporate Republicans,” given the majority of them accept corporate PAC money, and their policies almost always favor the desires of corporations, rather than their constituents.
Although the common wisdom is that Republicans raise more corporate political donations than Democrats, the actual difference is less dramatic when it comes to PACs. In 2022, Republicans received 55% of their contributions from corporate PACs and business-related associations while Democrats received 45%.
According to the Othering & Belonging Institute, Corporate Democrats have employed a narrative of pragmatism in the face of increasing political polarization. They see themselves as the brokers between Republicans and progressive Democrats. They also claim not to tow party lines and to only vote with their constituents’ interests.
Corporate Democrats see themselves as bipartisan and willing to compromise with Republicans to enact legislation in a time of partisan gridlock.
Examples of corporate Democrats on the state level include California Assemblymembers Rudy Salas, Adam Gray, and Jim Cooper, who describe themselves as fiscally conservative, “middle of the road”, and voices for the “silent majority,” as in the middle and working-class people who are not represented by the liberal coastal elite.
On the federal level, some examples of centrist or corporate Democrats include Senator Joe Manchin (D-W.Va.), Senator Dianne Feinstein (D-Calif.) and former Speaker of the House Nancy Pelosi (D-Calif.). Senator Kyrsten Sinema from Arizona was also a notorious corporate Democrat until she recently became an independent.
Progressive Senator Bernie Sanders even attacked Senator Kyrsten Sinema in 2022, calling her a “corporate Democrat” who “sabotaged” party priorities following her announcement that she was becoming an Independent.
Sanders said Sinema did not have the guts to take on special interest groups while attacking Sinema’s voting record.
“She is a corporate Democrat who has, in fact, along with Sen. [Joe] Manchin [D-W.Va.] sabotaged enormously important legislation,” Sanders said.
According to the Othering & Belonging Institute, Corporate Democrats say increasing government regulations on corporations negatively impacts job prospects for their middle-class and low-income constituents.
Despite the fact that some of them use anti-elite, populist rhetoric, corporate Democrats consistently vote in direct opposition to the well-being of their working-class constituents. Many progressives even argue that corporate Democrats' failure to deliver for the working class for decades led to Trump getting elected president.
There is also some empirical evidence of the existence of corporate Democrats. According to a Princeton University study in 2014, there is no correlation between what the average American wants policy-wise and what is adopted. But there is a high correlation between what special interest groups and rich Americans prefer, and what policies are adopted.
Some political scientists argue that the study, along with others, provides enough evidence to conclude that the United States is not really even a representative democracy, Rather, it would be more accurately described as an oligarchy with democratic features.
Some Democrats have decided the only way to combat this issue of money in politics is to pledge not to accept any corporate PAC money. In 2022, more than 70 members, almost all Democrats, said they would not accept such contributions.
“Refusing corporate PAC money is one way to show a commitment to addressing the problem of money in politics, and its popularity helps keep the issue at the top of the agenda,” said Adam Bozzi, vice president for communications at End Citizens United, a group aligned with Democrats that tracks which members pledge to decline donations from corporate PACs.
“We expect the trend to continue to grow, and it will help us work toward progress on anti-corruption legislation, like ending dark money,” Bozzi said, using a term for committees that spend money to influence elections or policy but do not disclose their donors.
It is unclear if there will be any real widespread change though anytime soon, given major campaign finance reform or legislative changes have not even been proposed or voted on.