Social Sciences, asked by Suminyesmin, 1 year ago

what type of financial reforms should be brought to strengthen the democracy?

Answers

Answered by sanjeevkush
1
Democracy is above all a process of citizen participation, with government accountable to the people. But it is precisely that necessary participation and accountability that have been weakened and eroded by big contributors who dominate the private financing of campaigns.

Voter turnout for elections is far lower than in most other democracies. A turnout rate of only around 50% is typical, even for high-profile races.

Cynicism about politics and government is rampant as people see: a) the influence of big contributors on laws and policy and b) the corruption scandals involving campaign contributions.

The cost of running for office continues to escalate. Few citizens can afford the huge cost of running for office at any level of government.

Uncontested and non-competitive elections have increased in frequency, with a re-election rate of incumbents that tops 90% in both federal and state races. Incumbents regularly out-spend challengers by margins of 4 to 1.

In 2010, the Supreme Court reversed a 100 year-old ban on corporate and union expenditures on political speech, unleashing unlimited spending from these sources. The “Citizen’s United� decision has worsened the dominance of corporate influence in our democracy.

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