Reinvent the Role of Money in Politics
How do we reinvent the influence that money has in politics?
Cracking money’s hold on Washington is a daunting challenge but not without precedent. At the turn of the 20th century, the robber barons of the Gilded Age dominated American politics, and the railroads and other giant corporations controlled statehouses across the land. Within a decade, the progressive movement created the broad-based political pressure that busted up the trusts, shattered John D. Rockefeller’s Standard Oil into 500 tiny companies, and pushed through Constitutional Amendments creating the first income tax to deal with massive inequality. Our roundtable participants focused on how we could scale up public pressure to force real systemic change on a very small, wealthy percentage of citizens funds politics and blocks reform.