“Political scientist Thomas Ferguson, an authoritative scholar on money and electoral politics, has a valuable and established political science theory called “the investment theory of politics.” He demonstrates that the U.S. is essentially controlled by coalitions of investors who come together around some mutual interest. Thus, “to participate in the political arena, you must have enough resources and private power to become part of such a coalition.
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McGuire and Delahunt advance the thesis by showing it is actually worse than what others have found. Their study reveals and confirms that the top wealthiest 10 percent ultimately always win on policy — effectively showing that anyone else’s opinion outside of the top 10 percent rarely matters.” — Rajko Kolundzic, Truthout
