(Other Words) -- The 2016 presidential elections are proving historic, and not just because of the surprising success of self-proclaimed socialist Bernie Sanders, the lively debate among feminists over whether to support Hillary Clinton, or Donald Trump’s unorthodox candidacy.
The elections are also groundbreaking because they’re revealing more dramatically than ever the corrosive effect of big money on our decaying democracy.
Following the 2010 Citizens United Supreme Court decision and related rulings, corporations and the wealthiest Americans gained the legal right to raise and spend as much money as they want on political candidates.
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The 2012 elections were consequently the most expensive in U.S. history. And this year’s races are predicted to cost even more. With the general election still six months away, donors have already sunk $1 billion into the presidential race — with $619 million raised by candidates and another $412 million by super PACs.