When will big money’s corruption of democracy become so obnoxious people will find it intolerable?
Perhaps a couple of troubling “hypothetical” examples will do the trick. Let’s pretend, as absurd as it sounds, that an American citizen, the wealthiest person in the world, happens to also be a rabid conspiracy theorist and, frankly, a bit of a political nutcase. And let’s further hypothetically pretend this person decides that by throwing enough of his money around he, together with other far-right billionaires, can effectively turn America into a plutocrat’s Shangri-La.
Unfortunately, this Shangri-La will be run by an authoritarian leader who throws his political opponents into jail, reverses environmental regulations while all but embracing climate change, subverts the Constitution, makes the ridiculously wealthy even more ridiculously wealthy, finishes the job of stuffing the federal courts with ultra-right political hacks, and so much more. To accomplish this, he will join with other ultra-right billionaires in opening his checkbook to help propel former U.S. President Donald Trump back into the White House. He is doing this by way of his own pro-Trump PAC. (He now denies making a $45-million-a-month commitment).
The combination of power and money easily grows into greater power and greater money, and both can continue to grow until they become unbreakable.
Or how about when another group of wealthy individuals—admittedly less rich, less nutty, and less evil in a Lex Luthor sense—decide to publicly join together to put pressure on the incumbent Democratic president to get out of the race by withholding campaign contributions? Now, to be hypothetically fair to this hypothetical group, unlike the Lex Luthor wannabe, most of these folks’ hearts are largely in the right place. But, leaving aside whether asking President Joe Biden to withdraw was politically wise, does it bother anyone that they felt so free to try to dictate to the broader electorate who should run for president? Is that a privilege we really want to cede to the wealthy?
But if we don’t want either of these things, where’s the public outrage?
Do we as a nation really believe the fact someone inherits a fortune, or makes a fortune through stock manipulation, creates a hot new internet startup, makes popular movies, or even builds a fortune through wise business practices means that person is wiser and more knowledgeable than everyone else about... well, everything?
Think how much more power Elon Musk (the unnamed billionaire/Lex Luthor imitator mentioned above, of course) has to impact government policy on issues such as climate change, education policy, and economic policy and taxation than the most talented experts in these fields?
It is tempting to think Elon Musk’s motive in at least claiming to intend to invest substantial funds in politics is purely for the fun of making a splash. What’s a few hundred million dollars to a guy worth around $200 billion? His actual political spending probably works out to a lower percentage of his annual income than many people spend on golf or bowling. This sort of pure joy in projection of power could also explain why he overpaid $40 billion dollars for Twitter only to then destroy much of its value by turning it into a swamp increasingly filled with far-right lunatics. He gets to play the King of Twitter (yeah, I know, X), or if you prefer, mayor of Crazyville,........