The disturbing truth behind why America’s wealthy are so eager to fund Trump’s anti-democratic agenda
As an ever-greater portion of the nation’s total wealth goes to the top, it is hardly surprising that ever more of that wealth is corrupting U.S. politics. In the 2020 presidential election cycle, more than $14bn went to federal candidates, party committees, and Super Pacs – double the $7bn doled out in the 2016 cycle. Total giving in 2024 is bound to be much higher. That money is not supporting U.S. democracy. If anything, that money is contributing to rising Trumpism and neofascism. There is a certain logic to this. As more and more wealth concentrates at the top,...
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