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Tag: selffunding

US Politics

The Auction of American Democracy: How California's Self-Funding Surge Threatens the Republic

California's 2024 elections have seen a staggering explosion in self-funding by candidates, with over a quarter billion dollars poured from personal fortunes, an eight-fold increase from 2022 and the highest since records began. This tidal wave of private wealth flooding our democracy threatens to drown out the voices of ordinary citizens and turns elections into auctions where political power is sold to the highest bidder.