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Money Politics And Democracy
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Book Synopsis The Price of Democracy by : Julia Cagé
Download or read book The Price of Democracy written by Julia Cagé and published by Harvard University Press. This book was released on 2020-03-31 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why and how systems of political financing and representation in Europe and North America give outsized influence to the wealthy and undermine democracy, and what we can do about it. One person, one vote. In theory, everyone in a democracy has equal power to decide elections. But it’s hardly news that, in reality, political outcomes are heavily determined by the logic of one dollar, one vote. We take the political power of money for granted. But does it have to be this way? In The Price of Democracy, Julia Cagé combines economic and historical analysis with political theory to show how profoundly our systems in North America and Europe, from think tanks and the media to election campaigns, are shaped by money. She proposes fundamental reforms to bring democracy back into line with its egalitarian promise. Cagé shows how different countries have tried to develop legislation to curb the power of private money and to develop public systems to fund campaigns and parties. But these attempts have been incoherent and unsystematic. She demonstrates that it is possible to learn from these experiments in the United States, Europe, and elsewhere to design a better system that would increase political participation and trust. This would involve setting a strict cap on private donations and creating a public voucher system to give each voter an equal amount to spend in support of political parties. More radically, Cagé argues that a significant fraction of seats in parliamentary assemblies should be set aside for representatives from disadvantaged socioeconomic groups. At a time of widespread political disenchantment, The Price of Democracy is a bracing reminder of the problems we face and an inspirational guide to the potential for reform.
Book Synopsis Money, Politics, and Democracy by : Harold J. Jansen
Download or read book Money, Politics, and Democracy written by Harold J. Jansen and published by UBC Press. This book was released on 2011-02-08 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2004, Jean Chrtien's Liberals banned corporations and unions from contributing financially to political parties. In 2008, opposition leaders were prepared to defeat the Conservative Party over its proposal to eliminate public subsidies to parties. In this book, prominent political scientists explore the underlying issues that led to the showdown. Are publicly funded parties compatible with democracy? What effects has party finance reform had on elections and on the balance of power between parties and donors and between national parties and local organizations? Contributors show that campaign finance reforms have shaped party organization and electoral competition, contributing to successive minority governments.
Book Synopsis Money, Power, and Elections by : Rodney A. Smith
Download or read book Money, Power, and Elections written by Rodney A. Smith and published by LSU Press. This book was released on 2014-04-07 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have campaign finance reform laws actually worked? Is money less influential in electing candidates today than it was thirty years ago when legislation was first enacted? Absolutely not, argues Rodney A. Smith in this passionately written, fact-filled, and provocative book. According to Smith, the laws have had exactly the opposite of their intended effect. They have increased the likelihood that incumbents in the House and Senate will be reelected, and they have greatly diminished the chances that candidates who are not wealthy will be elected. Smith's claims are supported by convincing data; he collected and analyzed information about all federal elections since 1920. These data show clearly that money matters now more than ever. Smith thinks that reform legislation has created a new inequality for candidates that, if left unchecked, threatens to destroy the American electoral process by obliterating the foundational principle of free speech. He argues that "money buys speech" and when candidates lack money to buy media time and space they are effectively silenced. Their inability to "speak freely" violates the most significant intentions of our nation's founders: that a sovereign citizenry elect its own leaders based on a free exchange of ideas. For Smith, campaign finance reform has unwittingly unbalanced the checks and balances created by the Framers of the Constitution.After presenting a detailed historical overview of how we have reached the present crisis, Smith proposes a simple solution: institute a process that completely discloses relevant information about campaign donors and recipients of donations. All disclosures would be available to the media, which would be able to investigate and report them fully. Only then, Smith believes, will the United States have the opportunity to be the democratic republic that its founders intended.
Book Synopsis Money and Politics by : David Donnelly
Download or read book Money and Politics written by David Donnelly and published by Beacon Press. This book was released on 1999 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why we need true reform and how it can finally be achieved "American politics has become an arms race, with money doing the work of missiles. One side escalates and the other follows suit. As the spiral grows it is undermining the soul of democracy. But here's the good news: the majority of Americans want a new system of campaign finance. Every time voters have had a chance to choose a different way, they have spoken loud and clear. Clean money initiatives are proving the citizens' response to the corruption that has turned our elections into auctions. This book is the blueprint to returning democracy to politics." --Bill Moyers As we approach our next presidential election, few issues loom larger than campaign finance reform. While the Senate has agreed to vote on a sweeping bill for reform at the federal level, state voters have passed, or are about to vote on, ballots that limit the amount of private money flooding into campaign war chests. Money and Politics argues that only the full public funding of elections, as enacted with the adoption in Maine of the Clean Elections Act, can solve our campaign financing crisis. Their evaluation of its pros and cons is particularly timely as parts of the Maine option are being considered in competing congressional reform bills. Many of the contributors to this volume have worked closely on campaign finance reform, including Senator Russell Feingold, coauthor of the landmark McCain-Feingold Act. Persuasive, accessible, and controversial, this book makes an important contribution to our debate about the most democratic way to elect the politicians who represent us. NEW DEMOCRACY FORUM A series of short paperbackoriginals exploring creative solutions to our most urgent national concerns. The series editors (for Boston Review), Joshua Cohen and Joel Rogers, aim to foster politically engaged, intellectually honest, and morally serious debat
Book Synopsis Capitalism v. Democracy by : Timothy Kuhner
Download or read book Capitalism v. Democracy written by Timothy Kuhner and published by Stanford Law Books. This book was released on 2014-06-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As of the latest national elections, it costs approximately $1 billion to become president, $10 million to become a Senator, and $1 million to become a Member of the House. High-priced campaigns, an elite class of donors and spenders, superPACs, and increasing corporate political power have become the new normal in American politics. In Capitalism v. Democracy, Timothy Kuhner explains how these conditions have corrupted American democracy, turning it into a system of rule that favors the wealthy and marginalizes ordinary citizens. Kuhner maintains that these conditions have corrupted capitalism as well, routing economic competition through political channels and allowing politically powerful companies to evade market forces. The Supreme Court has brought about both forms of corruption by striking down campaign finance reforms that limited the role of money in politics. Exposing the extreme economic worldview that pollutes constitutional interpretation, Kuhner shows how the Court became the architect of American plutocracy. Capitalism v. Democracy offers the key to understanding why corporations are now citizens, money is political speech, limits on corporate spending are a form of censorship, democracy is a free market, and political equality and democratic integrity are unconstitutional constraints on money in politics. Supreme Court opinions have dictated these conditions in the name of the Constitution, as though the Constitution itself required the privatization of democracy. Kuhner explores the reasons behind these opinions, reveals that they form a blueprint for free market democracy, and demonstrates that this design corrupts both politics and markets. He argues that nothing short of a constitutional amendment can set the necessary boundaries between capitalism and democracy.
Book Synopsis Pay-to-Play Politics by : Heath Brown
Download or read book Pay-to-Play Politics written by Heath Brown and published by Bloomsbury Publishing USA. This book was released on 2016-04-11 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pay-to-Play Politics examines money and politics from different angles to understand a central paradox of American democracy: why, when the public and politicians decry money as the worst aspect of American politics, are there so few signs of change? Everyone from Hillary Clinton to Bernie Sanders to Ted Cruz complains about the corrupting role of money and politics, but money is the lifeblood of their political survival. The public, too, deplores big money politics, despite regularly reelecting the richest candidates for office. The purpose of this book is to reconcile how—against many people's wishes—the connection between money and politics has come to define American democracy. Examining the issue from the perspective of the public, the courts, big business, Congress, and the presidency, Heath Brown argues that money can often be harmful to the political process, but not always in ways we expect or in ways we can directly observe. More money does not necessarily guarantee electoral, legislative, or executive victories, but money does greatly change political access, opportunity, and trust. Without a nuanced understanding of the nature of the problem, future reforms will be misguided and fruitless. Pay-to-Play Politics concludes by making concrete recommendations for reform, including feasible ways to reach bipartisan consensus.
Book Synopsis Campaign Finance and American Democracy by : David M. Primo
Download or read book Campaign Finance and American Democracy written by David M. Primo and published by University of Chicago Press. This book was released on 2020-10-19 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, and particularly since the US Supreme Court’s controversial Citizens United decision, lawmakers and other elites have told Americans that stricter campaign finance laws are needed to improve faith in the elections process, increase trust in the government, and counter cynicism toward politics. But as David M. Primo and Jeffrey D. Milyo argue, politicians and the public alike should reconsider the conventional wisdom in light of surprising and comprehensive empirical evidence to the contrary. Primo and Milyo probe original survey data to determine Americans’ sentiments on the role of money in politics, what drives these sentiments, and why they matter. What Primo and Milyo find is that while many individuals support the idea of reform, they are also skeptical that reform would successfully limit corruption, which Americans believe stains almost every fiber of the political system. Moreover, support for campaign finance restrictions is deeply divided along party lines, reflecting the polarization of our times. Ultimately, Primo and Milyo contend, American attitudes toward money in politics reflect larger fears about the health of American democracy, fears that will not be allayed by campaign finance reform.
Book Synopsis Costs of Democracy by : Devesh Kapur
Download or read book Costs of Democracy written by Devesh Kapur and published by Oxford University Press. This book was released on 2018-06-13 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.
Book Synopsis Money and Politics by : Joo-Cheong Tham
Download or read book Money and Politics written by Joo-Cheong Tham and published by UNSW Press. This book was released on 2010 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Examines the various ways in which money influences Australian politics: private and public funding, income and spending, direct contributions to political parties as well as lobbying." - cover.
Download or read book Drug Politics written by David C. Jordan and published by University of Oklahoma Press. This book was released on 2016-01-22 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drug Politics is an enlightening new book by a man who knows this disturbing and dangerous subject. A former United States ambassador to Peru, David C. Jordan has testified before the U.S. Senate and House Foreign Relations committees and has consulted with various government security organizations. His account of government protection of the criminal elements intertwined with local and global politics challenges many of the assumptions of current drug policies. Using examples from South America, Mexico, Russia, and the United States, Jordan shows that the narcotics problem is not merely one of supply and demand. Jordan argues that many national and international financial systems are dependent on cash from money laundering, and some governments are far more involved in protecting than in combating criminal cartels.
Book Synopsis The Best Democracy Money Can Buy by : Greg Palast
Download or read book The Best Democracy Money Can Buy written by Greg Palast and published by Penguin. This book was released on 2003-02-25 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Palast is astonishing, he gets the real evidence no one else has the guts to dig up." Vincent Bugliosi, author of None Dare Call it Treason and Helter Skelter Award-winning investigative journalist Greg Palast digs deep to unearth the ugly facts that few reporters working anywhere in the world today have the courage or ability to cover. From East Timor to Waco, he has exposed some of the most egregious cases of political corruption, corporate fraud, and financial manipulation in the US and abroad. His uncanny investigative skills as well as his no-holds-barred style have made him an anathema among magnates on four continents and a living legend among his colleagues and his devoted readership. This exciting collection, now revised and updated, brings together some of Palast's most powerful writing of the past decade. Included here are his celebrated Washington Post exposé on Jeb Bush and Katherine Harris's stealing of the presidential election in Florida, and recent stories on George W. Bush's payoffs to corporate cronies, the payola behind Hillary Clinton, and the faux energy crisis. Also included in this volume are new and previously unpublished material, television transcripts, photographs, and letters.
Download or read book Money for Art written by David A. Smith and published by Ivan R. Dee Publisher. This book was released on 2008 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Money for Art is the story of public funding of the arts in modern America - the risks and achievements inherent in the ongoing relationship among artists, art administrators, and the legislators who control spending. It is a story of noble intentions that have often foundered on the conflict between individual creativity and democratic expectations." "As David A. Smith shows, government funding of the arts in America has never followed an easy course. Whether on a local or national scale, political support for the arts has carried with it a sense of exchange - the expectation that in return for public money the community will benefit. But this concept is fraught with potential difficulties that touch upon basic tensions between the fierce vision of the individual artist and the standards of the community."--BOOK JACKET.
Book Synopsis Money, Politics, and the Constitution by : Monica Youn
Download or read book Money, Politics, and the Constitution written by Monica Youn and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A brilliant collection of essays on one of the most important contemporary constitutional issues: when can and should the government be able to regulate campaign spending? Each essay offers original insights, and together they are a superb examination of the intersection of politics and constitutional law. If there is to be a new jurisprudence in this area, this book is likely its foundation."--Erwin Chemerinsky, founding dean, School of Law, University of California-Irvine In the U.S. Supreme Court case Citizens United v. Federal Election Commission, five justices ruled that corporations and unions had a constitutional right to spend unlimited sums in elections. In so doing, they overturned decades of precedent and dozens of laws. The ruling earned banner headlines, a sharp State of the Union rebuke, and public disapproval hovering near 80 percent in the polls. In the 2010 election that followed, independent spending spiked, much of it done secretly. The decision ranks among the Court's most controversial and consequential. This volume is an attempt to map out the complex labyrinth that led to Citizens United and to explore where this decision may lead. The chapters in it arose from a symposium sponsored by NYU's Brennan Center for Justice just nine weeks after the Citizens United decision was announced.
Book Synopsis Democracy in America? by : Benjamin I. Page
Download or read book Democracy in America? written by Benjamin I. Page and published by University of Chicago Press. This book was released on 2020-04-02 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Important and riveting . . . The solution isn’t to redistribute wealth from the have-mores to the have-lesses. It’s to redistribute political power to everyone.” —Robert B. Reich America faces daunting problems—stagnant wages, high health care costs, neglected schools, deteriorating public services. How did we get here? Through decades of dysfunctional government. In Democracy in America? veteran political observers Benjamin I. Page and Martin Gilens marshal an unprecedented array of evidence to show that while other countries have responded to a rapidly changing economy by helping people who’ve been left behind, the United States has failed to do so. Instead, we have actually exacerbated inequality, enriching corporations and the wealthy while leaving ordinary citizens to fend for themselves. What’s the solution? More democracy. More opportunities for citizens to shape what their government does. To repair our democracy, Page and Gilens argue, we must change the way we choose candidates and conduct our elections, reform our governing institutions, and curb the power of money in politics. By doing so, we can reduce polarization and gridlock, address pressing challenges, and enact policies that truly reflect the interests of average Americans. Updated with new information, this book lays out a set of proposals that would boost citizen participation, curb the power of money, and democratize the House and Senate. “Brilliant, indispensable, and highly accessible.” —New York Journal of Books
Book Synopsis Nation on the Take by : Wendell Potter
Download or read book Nation on the Take written by Wendell Potter and published by Bloomsbury Publishing USA. This book was released on 2016-03-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: American democracy has become coin operated. Special interest groups increasingly control every level of government. The necessity of raising huge sums of campaign cash has completely changed the character of politics and policy making, determining what elected representatives stand for and how their time is spent. The marriage of great wealth and intense political influence has rendered our country unable to address our most pressing problems, from runaway government spending to climate change to the wealth gap. It also defines our daily lives: from the cars we drive to the air we breathe to the debt we owe. In this powerful work of reportage, Wendell Potter and Nick Penniman, two vigilant watchdogs, expose legalized corruption and link it to the kitchen-table issues citizens face every day. Inciting our outrage, the authors then inspire us by introducing us to an army of reformers laying the groundwork for change, ready to be called into action. The battle plan for reform presented is practical, realistic, and concrete. No one--except some lobbyists and major political donors--likes business as usual, and this book aims to help forge a new army of reformers who are compelled by a patriotic duty to fight for a better democracy. An impassioned, infuriating, yet ultimately hopeful call to arms, Nation on the Take lays bare the reach of moneyed interests and charts a way forward, toward the recovery of America's original promise.
Download or read book Dark Money written by Jane Mayer and published by Anchor. This book was released on 2017-01-24 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: NATIONAL BESTSELLER ONE OF THE NEW YORK TIMES 10 BEST BOOKS OF THE YEAR Who are the immensely wealthy right-wing ideologues shaping the fate of America today? From the bestselling author of The Dark Side, an electrifying work of investigative journalism that uncovers the agenda of this powerful group. In her new preface, Jane Mayer discusses the results of the most recent election and Donald Trump's victory, and how, despite much discussion to the contrary, this was a huge victory for the billionaires who have been pouring money in the American political system. Why is America living in an age of profound and widening economic inequality? Why have even modest attempts to address climate change been defeated again and again? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? In a riveting and indelible feat of reporting, Jane Mayer illuminates the history of an elite cadre of plutocrats—headed by the Kochs, the Scaifes, the Olins, and the Bradleys—who have bankrolled a systematic plan to fundamentally alter the American political system. Mayer traces a byzantine trail of billions of dollars spent by the network, revealing a staggering conglomeration of think tanks, academic institutions, media groups, courthouses, and government allies that have fallen under their sphere of influence. Drawing from hundreds of exclusive interviews, as well as extensive scrutiny of public records, private papers, and court proceedings, Mayer provides vivid portraits of the secretive figures behind the new American oligarchy and a searing look at the carefully concealed agendas steering the nation. Dark Money is an essential book for anyone who cares about the future of American democracy. National Book Critics Circle Award Finalist LA Times Book Prize Finalist PEN/Jean Stein Book Award Finalist Shortlisted for the Lukas Prize
Book Synopsis Political Bubbles by : Nolan McCarty
Download or read book Political Bubbles written by Nolan McCarty and published by Princeton University Press. This book was released on 2013-05-21 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behind every financial crisis lurks a "political bubble"--policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles--arising from a potent combination of beliefs, institutions, and interests--aid, abet, and amplify risk. Demonstrating how political bubbles helped create the real estate-generated financial bubble and the 2008 financial crisis, this book argues that similar government oversights in the aftermath of the crisis undermined Washington's response to the "popped" financial bubble, and shows how such patterns have occurred repeatedly throughout US history. The authors show that just as financial bubbles are an unfortunate mix of mistaken beliefs, market imperfections, and greed, political bubbles are the product of rigid ideologies, unresponsive and ineffective government institutions, and special interests. Financial market innovations--including adjustable-rate mortgages, mortgage-backed securities, and credit default swaps--become subject to legislated leniency and regulatory failure, increasing hazardous practices. The authors shed important light on the politics that blinds regulators to the economic weaknesses that create the conditions for economic bubbles and recommend simple, focused rules that should help avoid such crises in the future. The first full accounting of how politics produces financial ruptures, Political Bubbles offers timely lessons that all sectors would do well to heed.
