Mega-Donors Are Now More Important Than Most Politicians…Again

John D. Rockefeller founded the University of ...
John D. Rockefeller

‘Quick: Name a senator who served between the Civil War and World War I. Struggling? Now name a tycoon who bought senators during the same period. J.P. Morgan, John D. Rockefeller … it’s easier.

And for good reason. The tycoons mattered more.

In the post-McCutcheon world, the 0.1 percent are far more important than most candidates. The press needs to treat them that way and subject their views to scrutiny.’  – Peter Beinart (The Atlantic).

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