Tags: capitalism, corporations, crime/law/deviance, government/the state, politics/election/voting, campaign financing, citizens united v. federal election commission, democracy, power elite, supreme court, 06 to 10 mins
Summary: This short video created by The Story of Stuff Project explores the relationship between wealth and political power, and examines whether we can speak of democratic elections in the United States. As the video points out, Americans have lost power in their democracy because of modern corporations' single-minded focus on maximizing profits, which have rapidly grown. Although the government can, and should, intervene by setting ground rules to protect society and keep things safe and fair, the reality of the current situation is that corporations, rather than people, write the rules. With Citizens United v. Federal Election Commission (FEC) in 2010, the Supreme Court decided that it is unconstitutional to put any limit on corporations’ financial contribution to elections because it violates free speech (this also invalidated part of the McCain-Feingold Campaign Finance Reform Law). As a result of this decision, corporations can now spend unlimited sums to help elect or defeat political candidates, which makes campaign financing undemocratic. The total cost of elections (congregational and presidential) almost doubled after Citizens United v. FEC, growing from $3.6 billion in 2010 to $6.2 billion in 2012. As the video highlights, the First Amendment was written to protect real people, not corporations. How can people be in charge of democracy again? First, there is a need for a constitutional change, which would overturn the Supreme Court's decision by establishing that corporations do not have the same First Amendment rights as people. Second, in order to eliminate the power of corporations in manipulating the elections, public financing of campaigns needs to be regulated, not liberated. Finally, given that 85% of Americans feel that corporations have too much power and individuals have too little, people should speak up and take social action by fighting for the things people (and not corporations) care about, such as renewable energy, green jobs, health care, safe products, and good-quality education.
Submitted By: Nihal Çelik
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