Thursday, July 31, 2014

Capitalism Distorts Democracy

The United States of America never tires of telling the rest of the world what a perfect example of democracy the USA is, but the influence of corporate big business exposes that claim as nonsense.  An explosion of spending on political advertising on television - set to break $2 billion in congressional races, with overall spots up nearly 70 per cent since the 2010 midterm election - is accelerating the rise of moneyed interests and wresting control from the candidates' own efforts to reach voters. 'The top three outside groups alone - Americans for Prosperity, Senate Majority PAC, and the U.S. Chamber of Commerce - have already spent a combined more than $80 million in congressional races. Americans for Prosperity, backed by the conservative billionaire brothers Charles and David Koch, has spent $44 million on House and Senate races. Senate Majority PAC, which supports Democratic Senate candidates, has spent more than $22 million on Senate races, and the Chamber of Commerce has spent up to $17 million on House and Senate races.' (New York Times, 27 July RD

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