There is good news coming on this front from Bloomberg‘s Greg Stohr:
The U.S. Supreme Court declined an opportunity to give businesses broader rights to contribute money to political candidates and causes. The justices, without comment Monday, refused to question a Massachusetts law that bars for-profit corporations from making campaign donations.
Two family-owned businesses, represented by the libertarian Goldwater Institute, challenged the law and urged the Supreme Court to overturn a 2003 decision that upheld limits on corporate contributions.
The case offered Chief Justice John Roberts’s court a chance to expand the 2010 Citizens United ruling, which said corporations have a First Amendment right to spend unlimited sums on political causes. The Supreme Court has been more willing to back limits on contributions to candidates.
See the full story here. Money politics has long dominated American politics, but the scale of the problem has gotten much worse since the Supreme Court made its infamous 2010 ruling known as: Citizens United. This is despite the fact that evidence is growing that small donors can fund political campaigns if they get some support such as through a voluntary public matching funds program. New York City’s system of matching funds for small donors has gotten particular attention.
Also visit Democracy Chronicles main sections on American Democracy and Money Politics or our articles on Worldwide Corruption.
Leave a Reply