albrecht said – Fri, 01 Aug 2008 16:14:14 -0000 ( Link )
I think there is far too much private money influencing politics in many parts of the world. It’s tough for a politician to say no to the interests of a company or lobbyist group after they’ve given several hundred thousand dollars to get them into office.
In the upcoming U.S. election (which hasn’t even begun for real yet!) Barack Obama has already raised $350 million dollars and spent almost $270 million in just the primaries. John McCain has raised about $150 million and spent over $100 million so far. These numbers are ridiculous!
If every political party received public funding (often tied to votes in the last election) and had hard limits on what else they could receive from citizens and corporations I think we would have a more democratic world as a result. (The hard part is trying to implement this system and change a political culture…)
Some people say it’s undemocratic itself to limit how much an individual can contribute or to try to regulate the democratic election process. What do you think?
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