3 ms·
Can you cite a source for that? This anecdotal but my impression has been that self-funded candidates do not do especially well in elections. Mike Huffington's
by hodgesrm 8y ago
Can you cite a source for that? This anecdotal but my impression has been that self-funded candidates do not do especially well in elections. Mike Huffington's run against Diane Feinstein was a failure [0] despite committing an enormous about of his money to the campaign. Also, the Koch Brothers' direct spending on elections has similarly not been especially effective according to some accounts. [1]
There are ample reasons to be concerned about the effect of money on the American political system. Personally I am more focused on regulatory capture through lobbying than elections per se. In the current system it looks to me as if billionaires win regardless of who's in office.
[0] https://en.wikipedia.org/wiki/Michael_Huffington https://en.wikipedia.org/wiki/Michael_Huffington
[1] https://slate.com/news-and-politics/2016/05/the-koch-brothers-were-supposed-to-buy-the-2016-election-what-happened.html https://slate.com/news-and-politics/2016/05/the-koch-brother...