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Corporatocracy

How to Protect Democracy from Dark Money and Corrupt Politicians

Audiobook
1 of 1 copy available
1 of 1 copy available
Donald Trump's false claims of election fraud and the violence of the Capitol riot have made it unavoidably clear that the future of American democracy is in peril. Unseen political actors and untraceable dark money influence our elections, while anti-democratic rhetoric threatens a tilt towards authoritarianism.
In Corporatocracy, Ciara Torres-Spelliscy reveals the role corporations play in this dire state of political affairs, and explains why and how they should be held accountable by the courts, their shareholders, and citizens themselves. Drawing on key Supreme Court cases, Torres-Spelliscy explores how corporations have, more often than not, been on the wrong side of history by working to undermine democratic norms, practices, and laws. From bankrolling regressive politicians to funding ghost candidates with dark money, she shows us how corporations subvert the will of the American people, and how courts struggle to hold them and corrupt politicians accountable.
Corporations have existed far longer than democracies have. If voters, consumers, and investors are not careful, corporations may well outlive democracy. Corporatocracy brings all of these shadowy tactics to light and offers meaningful legal reforms that can strengthen and protect American democracy.
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    • Publisher's Weekly

      September 16, 2024
      Corporations bribe politicians and undermine democracy, according to this vigorous polemic. Stetson University law professor Torres-Spelliscy (Corporate Citizen) surveys historical misdeeds of American corporations, including the Crédit Mobilier railroad embezzlement scandal of the 1860s, as well as modern skullduggery enabled by the dark money unleashed after the Supreme Court’s Citizen’s United decision. Her main focus is on outsize corporate donations to the Republican Party, which over the past decade have outpaced corporate giving to the Democrats by more than $200 million, even as the Republicans have drifted further into antidemocratic thinking. She highlights ongoing corporate donations to Donald Trump despite his efforts to overturn the 2020 election results; to Republican politicians who support him; and to state Republicans who are tightening voting laws. Torres-Spelliscy’s takedown is biting—she dubs Trump “a cotton-candy-haired Mussolini”—and concludes with a sensible proposal for public funding of election campaigns. While her attempts to assign blame for America’s slide into authoritarianism sometimes stretch thin—she accuses Walmart, CVS, and Home Depot of playing a small part in the January 6 riot, since, as donors to the Republican Attorneys General Association, they funded the organization’s robocalls inviting people to “march to the Capitol... to stop the steal”—this nonetheless paints a dire picture of the campaign finance system. It’s a persuasive wake-up call.

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  • English

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