Our house is on fire. Join the resistance: Do no harm/take no shit. My idiosyncratic and confluent bricolage of progressive politics, the collaborative commons, next generation cognitive neuroscience, American pragmatism, de/reconstruction, dynamic systems, embodied realism, postmetaphysics, psychodynamics, aesthetics. It ain't much but it's not nothing.
Wednesday, July 25, 2012
Most campaign $ comes from a very small, very rich minority
Ezra Klein reports that not only do the top 1% control 40% of America's wealth, but that 67.7% of 2010 total campaign spending came from 0.26% of the population. 24.3% of federal contributions came from 0.01%. In 2011 about 80% of the money raised by SuperPacs comes from 0.000063%. The very richest are in effect buying elections, since this money goes into ad campaigns which bombard the airwaves and heavily influence voters. Democracy?
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