01 June, 2014

Are the Super-Wealthy Buying Democracy? | The Mischiefs of Faction

Are the Super-Wealthy Buying Democracy? | The Mischiefs of Faction: While most donations aren't quite at this level, they nonetheless follow a similar path, with a lot of them not really buying anything at all. To some extent, the money gives them access to politicians, which isn't nothing. But politicians are wary of boldly adopting a wealthy donor's views, and as the above graph suggests, they hear from a lot of wealthy donors across the political spectrum, who probably have conflicting ideas. The super wealthy are certainly paying a lot of money into the political system these days, but it's far from clear what they're getting out of it.