Professor Ciara Torres-Spelliscy:
After President Joe Biden bowed out of the presidential election race, his Vice President Kamala Harris broke records raising $81 million in one day (which later topped $100 million a day later).
According to Open Secrets which tracks money in politics three quarter of a billion dollars has already been raised by all presidential candidates in the 2024 election and it’s only July. This puts the 2024 on track to be the most expensive election in American history.
As I explain in my new book Corporatocracy, this escalation of the cost of elections follows a general pattern that every presidential election is more expensive than the previous presidential election….