Crony capitalism is an economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class. This is often achieved by the manipulation of relationships with state power by business interests rather than unfettered competition in obtaining permits, government grants, tax breaks, or other forms of state intervention over resources where business interests exercise undue influence over the state's deployment of public goods, for example, mining concessions for primary commodities or contracts for public works. Money is then made not merely by making a profit in the market, but through profiteering by rent seeking using this monopoly or oligopoly. Entrepreneurship and innovative practices which seek to reward risk are stifled since the value-added is little by crony businesses, as hardly anything of significant value is created by them, with transactions taking the form of trading. Crony capitalism spills over into the government, the politics, and the media, when this nexus distorts the economy and affects society to an extent it corrupts public-serving economic, political, and social ideals.
Campaign finance laws in the United States have been a contentious political issue since the early days of the union. The Bipartisan Campaign Reform Act (BCRA) of 2002, also known as "McCain-Feingold", is the most recent major federal law affecting campaign finance, the key provisions of which prohibited unregulated contributions to national political parties and limited the use of corporate and union money to fund ads discussing political issues within 60 days of a general election or 30 days of a primary election, until BCRA's provisions limiting corporate and union expenditures for issue advertising were overturned in Federal Election Commission v. Wisconsin Right to Life.
Lester Lawrence Lessig III is an American academic, attorney, and political activist. He is the Roy L. Furman Professor of Law at Harvard Law School and the former director of the Edmond J. Safra Center for Ethics at Harvard University. Lessig was a candidate for the Democratic Party's nomination for president of the United States in the 2016 U.S. presidential election but withdrew before the primaries.
The Federal Election Campaign Act of 1971 is the primary United States federal law regulating political campaign fundraising and spending. The law originally focused on increased disclosure of contributions for federal political campaigns. The Act was signed into law by President Richard Nixon on February 7, 1972.
A publicly funded election is an election which is funded with federal tax and/or income tax.
A convention to propose amendments to the United States Constitution, also called an Article V Convention or amendatory convention, called for by two-thirds of the state legislatures, is one of two processes authorized by Article Five of the United States Constitution whereby the United States Constitution may be altered. Amendments may also be proposed by Congress with a two-thirds vote in both the House of Representatives and the Senate.
Electoral reform in the United States refers to efforts to change American elections and the electoral system used in the United States.
Citizens United v. Federal Election Commission, 558 U.S. 310 (2010), was a landmark decision of the Supreme Court of the United States concerning the relationship between campaign finance and free speech. It was argued in 2009 and decided in 2010. The Court held that the free speech clause of the First Amendment prohibits the government from restricting independent expenditures for political campaigns by corporations, wealthy billionaires, and committees established for the purpose of fundraising (PACs).
Republic, Lost: How Money Corrupts Congress—and a Plan to Stop It is the sixth book by Harvard law professor and free culture activist Lawrence Lessig. In a departure from the topics of his previous books, Republic, Lost outlines what Lessig considers to be the systemic corrupting influence of special-interest money on American politics, and only mentions copyright and other free culture topics briefly, as examples. He argued that the Congress in 2011 spent the first quarter debating debit-card fees while ignoring what he sees as more pressing issues, including health care reform or global warming or the deficit. Lessig has been described in The New York Times as an "original and dynamic legal scholar."
The calling of a Second Constitutional Convention of the United States is a proposal made by some scholars and activists from across the political spectrum for the purpose of making substantive reforms to the United States federal government by rewriting its Constitution.
Move to Amend is a national, non-partisan, grassroots organization that seeks to blunt corporate power by amending the United States Constitution to end corporate personhood and state that money is not speech. The group was created in response to the Supreme Court ruling Citizens United v. Federal Election Commission, which held that corporations have a First Amendment right to make expenditures from their general treasuries supporting or opposing candidates for political office, arguing that the Court's decision disrupts the democratic process by granting disproportionate influence to the wealthy. Move to Amend advocates for the "We the People" Amendment, currently in Congress as H.J.Res. 48, to establish that constitutional rights are reserved for natural persons only and require the regulation and disclosure of spending in U.S. elections.
Rootstrikers is a nonpartisan grassroots activist organization run by Demand Progress and created by Harvard Law School professor Lawrence Lessig and political activist Joe Trippi for the purpose of fighting political corruption in the United States and reducing the role of special interest money in elections. According to Lessig, the idea is not to hack at the branches of the problem but rather focus on its root, which Lessig views as a corrupt campaign finance system, and hence he named the organization rootstrikers.
Moneyocracy is a 2012 documentary film about Citizens United v. Federal Election Commission, 558 U.S. 310 (2010),which was a landmark United States Supreme Court case in which the Court held that the First Amendment prohibited the government from restricting independent political expenditures by corporations and unions. The film explores how the Citizens United v. Federal Election Commission decision has dramatically changed the U.S Campaign Finance Laws and lead to the most expensive Elections in the United States. The film describes the systemic corruption of the United States democracy and the consequences of that systemic corruption on the U.S democracy and the electorate.
Wolf-PAC is an American nonpartisan political action committee formed in 2011 with the goal of adding an "amendment to the United States Constitution to ensure balance, integrity, and transparency to our national system of campaign finance".
Citizens for Self-Governance (CSG) is a conservative American nonprofit political organization. In 2015, it launched a nationwide initiative calling for a convention to propose amendments to the United States Constitution to reduce federal spending. The group's efforts are focused on imposing fiscal restraint on Washington D.C., reducing the federal government's authority over states, and imposing term limits on federal officials. As of 2021, the organization's resolution had passed in 15 states. Eight states have passed the resolution in one chamber and 18 states have active legislation. A total of 34 states would need to pass such a resolution in order for a Convention to Amend the Constitution to be called per Article V. The organization funded and won a class action lawsuit against the Internal Revenue Service over the agency's politically oriented targeting of conservative organizations. The group is based in Austin, Texas.
The 2016 presidential campaign of Lawrence Lessig, a law professor at Harvard University and cofounder of Creative Commons, was formally announced on September 6, 2015, as Lessig confirmed his intentions to run for the Democratic Party's nomination for President of the United States in 2016. Lessig had promised to run if his exploratory committee raised $1 million by Labor Day, which it accomplished one day early. He described his candidacy as a referendum on campaign finance reform and electoral reform legislation.
The Citizen Equality Act of 2017 is a draft piece of legislation proposed by former 2016 American presidential candidate Lawrence Lessig. The act was the centerpiece of Lessig's campaign platform, encompassing his plans for campaign finance reform, expansion of voting access, and revised districting laws. Lessig had stated that if elected, he would make these reforms the first priority of his presidency. At the start of his campaign, he announced his candidacy as a "referendum," stating that he would step down upon the enactment of the Citizen Equality Act and turn the presidency over to the vice president. In an October 2015 interview on HBO's Real Time with Bill Maher, he retracted this statement and expressed his intention to stay on as president if elected. On November 2, 2015, Lessig ended his bid for the presidency, citing changes in Democratic Party rules that excluded him from the stage during televised debates.
RepresentUs is a nonprofit organization founded in November 2012 that advocates for state and local laws based on model legislation called the American Anti-Corruption Act. It is a proposal to overhaul lobbying, transparency, and campaign finance laws. RepresentUs is headquartered in Florence, Massachusetts and is supported by a national network of volunteer-led chapters.
A campaign finance reform amendment refers to any proposed amendment to the United States Constitution to authorize greater restrictions on spending related to political speech, and to overturn Supreme Court rulings which have narrowed such laws under the First Amendment. Several amendments have been filed since Citizens United v. Federal Election Commission and the Occupy movement.
The National Progress Party of Armenia is a political party in Armenia, founded on 3 October 2018, by a group of political activists following the 2018 Armenian Velvet Revolution.
