The special interest money in American politics has, overwhelmingly, gone to the candidates, usually incumbents, that the special interests believe are the likely winners in electoral campaigns. In our book, The Politics of American Discontent, we found this fact that the incumbents were funded 10 to 20 times more than challengers. Early on, Hillary Clinton was thought to be the almost certain winner of the Democratic Party nomination, and she was able to raise a great deal from these interests.
The objective of the special interest money is very specific; the interests want to buy a seat at the table when policy decisions are made that will affect the fortunes of the interest, and their campaign contributions are designed to guarantee them that seat. In general, many of these interests want the ability to manipulate public policy to increase the flow of financial resources to the individuals, corporations, unions or other entities that they represent. It is a ubiquitous process, influencing both Republicans and Democrats, and it creates a huge pressure on governments at the state and national level to increase spending beyond any level that is prudent, with the inevitable impact that public deficits, public debt, and huge unfunded government liabilities are pushed upward at rates that the public would never support, if they had the opportunity to register their views on the subject.
The politicians -- of both parties -- maintain with a straight face that these contributions have no influence over them. In every poll of Americans for three decades, the American people know that this claim is simply a "Big Lie" -- exactly the kind of big lie that undermines the faith of people in their government. Of course the contributions influence office holders. At a minimum, the office holders treat the contributors very well and invite them to the table when the government is considering legislation that affects them.
You might ask yourself the obvious question. Is there any moral or ethical difference if I buy a piece of legislation by giving Congressmen outright bribes or if I buy a piece of legislation by contributing so much money to their campaigns that it permits them to stay in office in perpetuity.
The law and office holders say there is a difference, and they write the rules. But the public is not so stupid, and they can see and smell bribery when it is right in front of them.
Given this, what do we make of the announcement by Obama of one million contributors. For the first time in modern electoral history, a major -- and probably winning -- campaign is in the process of receiving its primary funding from the people at large, and not the special interests. The only other candidate in my lifetime who approached this was Ross Perot, who funded his own campaign. The consequences are numerous:
- Obama, if elected, will enter office unbeholden to people such as the oil lobby, the NRA, the largest unions, the real estate interests, etc., the list is endless!
- Obama's contributors will fund his Presidential campaign, but they could also help Democratic challengers up and down the line.
- The Obama campaign is an organized entity that will exist after the election, potentially supporting him on a whole range of issues and exerting a direct influence of members of the Senate and the House.
- The Obama organization is likely to grow over time, exerting influence from the public that exceeds the numerous pressures that will be brought together to subvert the public will.
- In the longer run, the Obama achievement is likely to reshape the degree to which the public becomes a part of the policy of deciding policy, to the detriment of the special interests.
I could go on, but you probably have even more imagination that I have with regard to the implications. Whatever else, the Obama campaign has changed forever the way campaigns are likely to be fought in the United States.
