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Evaluate the role played by money in the united states presidential election - Essay Example

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As the first election to be conducted after the Citizens United Supreme Court Case, the 2012 elections broke all previous spending records and amplified significantly the role of the electoral power of special interests and wealthy individuals. Majority of Americans are now…
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Evaluate the role played by money in the united states presidential election
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Evaluate the role played by money in the united states presidential election

Download file to see previous pages... Increasing presidential election costs has made it more difficult for candidates to come up with threshold resources needed for them to be competitive at every stage. Therefore, as presidential election costs rise, there is shrinkage of the candidate pool, which narrows the spectrum of perspectives and views offered to Americans to just a few individuals with access to money and subsequent resources.
Spending in the modern presidential elections, in the US, rather than being dominated by contributions from average Americans, is now dominated by a minority of wealthy donors and special interests; who have the financial clout to ensure their preferred message is amplified (Anschutz, 2013: p37). These groups and individuals use their wealth in order to influence public policy, especially by funding candidates who share similar values to them. Since most of these groups and individuals are reliant on US economic and financial policies to generate more wealth, they have gained an outsized role in US elections as they fund candidates whose policies resonate with their goals. However, these issues arising from the dominance of “big money” in US presidential elections are not only theoretical. Research has proven that since the opinions held by wealthy American groups and individuals have different priorities, money allows for skewed public policies through dominance of elections (Anschutz, 2013: p38).
Americans aspiring to be president are today spending more time fundraising than ever before, which is necessary to keep up with their election rivals (Anschutz, 2013: p43). In addition, as with the backlash from ObamaCare, candidates who may offend special interest groups and wealthy individuals by deed or word face the risk of being outspent as the latter finance their rivals. This means that they have to raise and spend ...Download file to see next pagesRead More
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