Capitalism and democracy are an integral part of the American dream. They both play a considerable role in the lives of every
Because of the Constitution as well as somewhat of a financial safety net, US citizens have certain inalienable rights that guarantee them the freedom and security to pursue their dreams of living comfortably and raising a decent family in a great location of their choosing.
Super Political Action Committees (Super PACs) allow unlimited fundraising by anonymous donors in order to support a candidate’s political campaign. Fortunately the Super PAC is not allowed to coordinate directly with the candidate whom they are supporting; however, the loopholes that are wrapped around the prohibition laws make the process of coordination extremely easy. The key phrase in this situation is “directly coordinate.” The idea that supporters of a particular candidate may have an unlimited amount of money from anonymous donors in order to campaign for said candidate is a cause for concern in what is supposed to be a free and fair election.
With Supreme Court rulings such as Citizen’s United, which considers corporations to be people and thus allows the corporations to donate money to political campaigns in the same manner as private citizens, the
The wealthiest 1% of the country owns approximately 49% of the land, controls 43% of the nation’s finances and pays the lowest income tax in the country (14%-20% on an annual income of $200,000+). The wealth inequality in America has the widest gap between the rich and poor that this country has seen in over seventy years and it is only increasing as the middle class rapidly fades into a distant memory. Now, what are supposed to be democratic elections to vote on the politicians whom the American people feel best represents their needs are being massively influenced and bought out by the extreme amount of money flooding the political arena. Forget about the lobbyists in Washington who have done an excellent job of buying out elected politicians to promote corporate agendas such as deregulation of environmentally devastating industries, these “free and fair” elections are becoming fiery rings in a circus full of sideshow clowns and horribly abused animals. The 1% minority of a democratic society is slowly becoming greater than the 99% majority, all because of fundamental capitalistic principles.
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