Recommended — but also misleading, in that democracy was lost the day JFK died, and no later than 1978 when the economy peaked against the middle class.
Amazon Book Description: 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.
Editorial Review: “Dollarocracy is the most important political book of the year, maybe of our times. Nichols and McChesney provide an original and painstakingly researched account of how corporations and billionaires have come to dominate the political process, as well as the contours of what they term the ‘money-and-media election complex.’ Although I study politics for a living, I learned more about how political advertising works, the crucial role of media corporations and dreadful election journalism than I would have ever imagined possible. In the smartest treatment I have seen, Dollarocracy also details how the Internet is being incorporated into the system; its fantastic potential to empower citizens to battle big money has been effectively neutered. Most important, Nichols and McChesney provide a roadmap to a better and more just election system, built on the foundation of establishing the right to vote. It is an optimistic response to a disturbing analysis. This is exactly the book every concerned American needs to read, because the process of understanding what exactly is going on and taking America back from the corporations starts here.”
Phi Beta Iota: We agree with Eagle but would go further — this book focused on the pernicious effect of money, and fails to emphasize that integrity within the government would amply offset the money. Democracy has been lost not because the monied class have sought to buy the country, but rather because the political class has demanded its corrupt profits from selling the country out. This is a huge distinction. Electoral Reform, something the two party tyranny refuses to countenance, is the ONLY reform that is necessary to restore balance to American the Beautiful.