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March 4, 2015

Will the Democratic Nominee for 2016 Take on the Moneyed Interests?

Taking on the moneyed interests is risky, especially when those interests have more economic and political power than at any time since the first Gilded Age. These interests are, after all, the main sources of campaign funding. But a failure to take them on prevents any real change in the prospects of the bottom 90 percent of Americans. It also robs the Democratic candidate of a potential public mandate to change the prevailing allocation of economic and political power -- no less dramatically than it was changed by Teddy Roosevelt and Woodrow Wilson a century ago, marking the end of that Gilded Age. And a failure to take on the moneyed interests sacrifices the potential enthusiasm of millions of voters -- Democrats and Republicans alike -- who know the game is rigged, and who yearn for a leader with the strength and courage to un-rig it, and thereby give them and their children a fair chance.

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