The Price of Demacy - How Money Shapes Politics and What to Do about It

Why and how systems of political financing and representation in Europe and North America give outsized influence to the wealthy and undermine demacy, and what we can do about it. One person, one vote. In theory, everyone in a demacy 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 Demacy, 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 demacy 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....

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