We’ve all heard it. Especially now with two big name candidates making it one of their central messages. Both Bernie Sanders from the Democratic party and Donald Trump from the Republican party have talked about the need to get “big money” out of politics. Let’s ignore for now the incredible audacity for a billionaire “self-funding” his campaign to talk about big money in that way.
Certainly a major reason why people say we need campaign finance reform is because we perceive that lobbyists exert undue influence on candidates after the election because of the money they donated to their campaigns. But at its core, we fear that this nebulous, sinister, shadowy “big money” buys elections, distorts the will of the people, and subverts democracy.
But does it actually?