A candidate who believes that campaign finance reform is critical to the future of our democracy should step forward to set a new standard. Every ad, website and social media communication should include the names of the candidate's top three donors.
In an interview, Lee Drutman explained the self-perpetuating forces behind the rise corporate political spending and what he recommends for finding better balance between the information and access available to those who have corporate treasuries to spend and those who do not.
More and more of the nation's leading companies are voluntarily adopting or strengthening their policies to provide for detailed disclosure of their political contributions. Yet they're having to do so against very strong opposition from their own leading trade associations.
Shareholders -- the owners of the company -- deserve to know where their money is going. Currently, it's too easy for one person in corporate management to secretly spend company money on pet political projects.
No one doubts that social networking produces results in politics, from the Arab Spring to the 2012 election, where President Obama's ground game made the difference. It could change everything, but the way forward is far from clear. What's at stake is huge.
Chief Justice Roberts' opinion upholding the Affordable Care Act, coupled with his rejection of limits on campaign contributions, is completely consistent with his history as a servant of America's corporate oligarchy.
Corporations like Target aren't just mucking around in democracy, they're playing games with our hard earned money while they're at it. This risky business affects all of us as shareholders and as citizens.
As for the clouds of political speech now darkening the landscape, corporations and corporate PACs can lie just like candidates. The Supreme Court justices who gave corporations a constitutional right to speak as persons were also giving them a right to lie like persons.
While corporations are legally recognized "persons," the reality is that public corporations are vast, ungainly amalgamations of people and institutions. And their political influence is eating away at the fabric of our Republic with increasingly greedy mouthfuls.