Political journalist John Nichols and media critic Robert W. McChesney are the authors of Dollarocracy: How the Money and Media Election Complex is Destroying America, a book that outlines the many and varied ways that unregulated spending on elections are the end of democracy.
The unprecedented tidal wave of unaccountable money flooding the electoral system makes a mockery of political equality in the voting booth. The determination of media companies to cash in on that mockery, especially by selling ad time at a premium to the campaigns—when they should instead be exposing and opposing it—completes a vicious circle. What has emerged, argue Nichols and McChesney, is a “money-and-media election complex.” This complex is built on a set of commercial and institutional relationships connecting wealthy donors, corporations, lobbyists, politicians, coin-operated “think tanks,” beltway pundits, and now super-PACS. These relationships are not just eviscerating democratic elections, they are benefitting by that evisceration.Sadly true . . . and not likely to change any time soon.
With groundbreaking new research and reporting, Dollarocracy concludes that the money-and-media election complex does not just endanger electoral politics; it poses a challenge to the DNA of American democracy itself.
Published on Oct 29, 2013
Fresh from the first $10 billion election campaign, two award-winning authors show how unbridled campaign spending defines our politics and, failing a dramatic intervention, signals the end of our democracy.
Blending vivid reporting from the 2012 campaign trail and deep perspective from decades covering American and international media and politics, political journalist John Nichols and media critic Robert W. McChesney explain how US elections are becoming controlled, predictable enterprises that are managed by a new class of consultants who wield millions of dollars and define our politics as never before. As the money gets bigger—especially after the Citizens United ruling—and journalism, a core check and balance on the government, declines, American citizens are in danger of becoming less informed and more open to manipulation. With groundbreaking behind-the-scenes reporting and staggering new research on "the money power," Dollarocracy shows that this new power does not just endanger electoral politics; it is a challenge to the DNA of American democracy itself.