Summary:
Thus, both contests have conformed to political scientist Thomas Ferguson’s “Golden Rule” of politics: that the party that spends the most almost always wins the election. Ferguson’s 1995 thesis, “The Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems,” argued that elections are essentially contests between rival big businesses and that the two political parties compete to serve those who pay them, not the public. Nearly 20 years later, a University of Princeton study of 1,779 policy issues found that,Economic elites and organized groups representing business interests have substantial independent impacts on US government policy, while average citizens and mass-based interest groups have little or no independent influence.”…Mint Press
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Thus, both contests have conformed to political scientist Thomas Ferguson’s “Golden Rule” of politics: that the party that spends the most almost always wins the election. Ferguson’s 1995 thesis, “The Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems,” argued that elections are essentially contests between rival big businesses and that the two political parties compete to serve those who pay them, not the public. Nearly 20 years later, a University of Princeton study of 1,779 policy issues found that,Economic elites and organized groups representing business interests have substantial independent impacts on US government policy, while average citizens and mass-based interest groups have little or no independent influence.”…Mint Press
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
Thus, both contests have conformed to political scientist Thomas Ferguson’s “Golden Rule” of politics: that the party that spends the most almost always wins the election. Ferguson’s 1995 thesis, “The Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems,” argued that elections are essentially contests between rival big businesses and that the two political parties compete to serve those who pay them, not the public. Nearly 20 years later, a University of Princeton study of 1,779 policy issues found that,Mint Press NewsEconomic elites and organized groups representing business interests have substantial independent impacts on US government policy, while average citizens and mass-based interest groups have little or no independent influence.”…
Georgia Dems Relied Heavily on Massive Corporate War Chest to Cinch Historic Election
Alan Macleod