Money, Politics, and the Constitution

Money, Politics, and the Constitution PDF Author: Monica Youn
Publisher:
ISBN: 9780870785214
Category : Law
Languages : en
Pages : 0

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Book Description
"A brilliant collection of essays on one of the most important contemporary constitutional issues: when can and should the government be able to regulate campaign spending? Each essay offers original insights, and together they are a superb examination of the intersection of politics and constitutional law. If there is to be a new jurisprudence in this area, this book is likely its foundation."--Erwin Chemerinsky, founding dean, School of Law, University of California-Irvine In the U.S. Supreme Court case Citizens United v. Federal Election Commission, five justices ruled that corporations and unions had a constitutional right to spend unlimited sums in elections. In so doing, they overturned decades of precedent and dozens of laws. The ruling earned banner headlines, a sharp State of the Union rebuke, and public disapproval hovering near 80 percent in the polls. In the 2010 election that followed, independent spending spiked, much of it done secretly. The decision ranks among the Court's most controversial and consequential. This volume is an attempt to map out the complex labyrinth that led to Citizens United and to explore where this decision may lead. The chapters in it arose from a symposium sponsored by NYU's Brennan Center for Justice just nine weeks after the Citizens United decision was announced.

Money, Politics, and the Constitution

Money, Politics, and the Constitution PDF Author: Monica Youn
Publisher:
ISBN: 9780870785214
Category : Law
Languages : en
Pages : 0

Get Book

Book Description
"A brilliant collection of essays on one of the most important contemporary constitutional issues: when can and should the government be able to regulate campaign spending? Each essay offers original insights, and together they are a superb examination of the intersection of politics and constitutional law. If there is to be a new jurisprudence in this area, this book is likely its foundation."--Erwin Chemerinsky, founding dean, School of Law, University of California-Irvine In the U.S. Supreme Court case Citizens United v. Federal Election Commission, five justices ruled that corporations and unions had a constitutional right to spend unlimited sums in elections. In so doing, they overturned decades of precedent and dozens of laws. The ruling earned banner headlines, a sharp State of the Union rebuke, and public disapproval hovering near 80 percent in the polls. In the 2010 election that followed, independent spending spiked, much of it done secretly. The decision ranks among the Court's most controversial and consequential. This volume is an attempt to map out the complex labyrinth that led to Citizens United and to explore where this decision may lead. The chapters in it arose from a symposium sponsored by NYU's Brennan Center for Justice just nine weeks after the Citizens United decision was announced.

Money in American Politics

Money in American Politics PDF Author: David Schultz
Publisher: Bloomsbury Publishing USA
ISBN:
Category : Political Science
Languages : en
Pages : 306

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Book Description
How much does money really matter in American politics? A first-of-its-kind reference book, this encyclopedia provides the most up-to-date research and analysis regarding how money affects American campaigns, elections, politics, and public policy. Some Americans have come to the conclusion that U.S. politics is dominated by money, that politicians are frequently if not routinely "bought and paid for," and that the only entities who wield political power are America's monied "elite" or powerful special interests like "big labor" or "Wall Street." But other American citizens believe that proposals to limit the influence of money in politics run counter to the free speech principles enshrined in the Constitution. This book will explores this compelling and controversial issue, examining where money in American politics comes from, where it goes, and the impact of all of those millions of dollars on American society. The entries objectively cover a breadth of major issues, organizations, individuals, court cases, and controversies surrounding the role of money in American politics, especially into the most recent events of the 21st century. Commentary by leading experts and scholars on American politics assess different aspects of how money is used for political purposes. The book explains the current state of knowledge about money in politics, including whether contributions and expenditures should be regulated; if so, how; and whether it even matters in terms of impact. While intended and written primarily for students at the high school and undergraduate levels, Money in American Politics: An Encyclopedia will also be of interest to general readers and experts looking to better understand how money affects campaigns, elections, and the making of law and policy in the United States.

Moral Economies of Money

Moral Economies of Money PDF Author: Jakob Feinig
Publisher: Stanford University Press
ISBN: 1503633454
Category : Political Science
Languages : en
Pages : 243

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Book Description
For much of American history, large numbers of people claimed that money was a public good and asserted the right to shape money creation practices. If popular knowledge about money creation was once widely shared, how and why did it disappear? In this astute new work, Jakob Feinig shows how the relation between money users and money-issuing governments changed from British colonial North America to today's United States, discussing how popular movements reshaped money-creating institutions, and how their opponents attempted to silence them. He also reveals how monetary and political history unfolds in the tension between "moral economies of money" and "monetary silencing." Offering an introduction to money creation practices since the colonial era, the book enables readers to understand why most people are disconnected from knowledge about money creation today. At the same time, the book also allows readers to situate the recent prominence of Modern Monetary Theory (MMT) against a broader historical background. Historians of capitalism, economic and political sociologists, social theorists, anthropologists of money, and anyone seeking to understand monetary activism, will find this book helps to clarify present-day possibilities in light of historical processes.

Capitalism v. Democracy

Capitalism v. Democracy PDF Author: Timothy K. Kuhner
Publisher: Stanford University Press
ISBN: 0804791589
Category : Law
Languages : en
Pages : 377

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Book Description
As of the latest national elections, it costs approximately $1 billion to become president, $10 million to become a Senator, and $1 million to become a Member of the House. High-priced campaigns, an elite class of donors and spenders, superPACs, and increasing corporate political power have become the new normal in American politics. In Capitalism v. Democracy, Timothy Kuhner explains how these conditions have corrupted American democracy, turning it into a system of rule that favors the wealthy and marginalizes ordinary citizens. Kuhner maintains that these conditions have corrupted capitalism as well, routing economic competition through political channels and allowing politically powerful companies to evade market forces. The Supreme Court has brought about both forms of corruption by striking down campaign finance reforms that limited the role of money in politics. Exposing the extreme economic worldview that pollutes constitutional interpretation, Kuhner shows how the Court became the architect of American plutocracy. Capitalism v. Democracy offers the key to understanding why corporations are now citizens, money is political speech, limits on corporate spending are a form of censorship, democracy is a free market, and political equality and democratic integrity are unconstitutional constraints on money in politics. Supreme Court opinions have dictated these conditions in the name of the Constitution, as though the Constitution itself required the privatization of democracy. Kuhner explores the reasons behind these opinions, reveals that they form a blueprint for free market democracy, and demonstrates that this design corrupts both politics and markets. He argues that nothing short of a constitutional amendment can set the necessary boundaries between capitalism and democracy.

Money in American Politics

Money in American Politics PDF Author: Richard Lawrence Miller
Publisher: McFarland
ISBN: 1476684081
Category : History
Languages : en
Pages : 262

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Book Description
The people who run our government are affected by money just like the rest of us. Over the years, many of these officials have worried about meeting mortgage payments, holding off creditors, and avoiding bankruptcy. Others made fortunes by devoting their time to supervising their business interests. Either way, these distractions affected the lives of everyday citizens--from the price of shirts to the decisions for war or peace. In school, students are taught about governmental principles underlying political controversies, but instructors seldom talk about money that presidents and cabinet members stood to gain or lose, depending on who prevailed in a political dispute. This book will help fill the gaps in that knowledge. To ignore the business activities of our leaders is to ignore most of their adult lives. Having such awareness allows voters to see motivations in government decisions that may otherwise be obscure. Concentrating on presidents and cabinet members, from the birth of the U.S. through the Carter administration, this book tells how they and their associates gained and lost wealth, and how this affected their nation's well-being.

The Power "to Coin" Money

The Power Author: Thomas Frederick Wilson
Publisher: M.E. Sharpe
ISBN: 9780873327954
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book traces the history from colonial times to the present of the monetary powers exercised by the Congress under the Constitution. It follows the evolution of the American banking and monetary system from the perspective of specific provisions in the Constitution that authorize the government to coin money and regulate its value. The author critically examines how far the development of the contemporary money and banking system has pushed beyond the narrow powers spelled out in the Constitution. He shows how changes in congressional legislation, Supreme Court decisions on precedent-setting cases, and the evolution of central banking powers within the Federal Reserve System have expanded the scope of the federal government's monetary powers. Yet, the author views this history within the context of private limits to the authority of Congress and the Congress's distrust of lodging the central bank within the Executive branch, preferring instead to respect an independent central banking tradition. The Hamiltonian tradition, he concludes, still offers the best institutional arrangement to confront unstable markets and destabilizing political influence.

The People’s Constitution

The People’s Constitution PDF Author: John F. Kowal
Publisher: The New Press
ISBN: 1620975629
Category : Law
Languages : en
Pages : 493

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Book Description
The 233-year story of how the American people have taken an imperfect constitution—the product of compromises and an artifact of its time—and made it more democratic Who wrote the Constitution? That’s obvious, we think: fifty-five men in Philadelphia in 1787. But much of the Constitution was actually written later, in a series of twenty-seven amendments enacted over the course of two centuries. The real history of the Constitution is the astonishing story of how subsequent generations have reshaped our founding document amid some of the most colorful, contested, and controversial battles in American political life. It’s a story of how We the People have improved our government’s structure and expanded the scope of our democracy during eras of transformational social change. The People’s Constitution is an elegant, sobering, and masterly account of the evolution of American democracy. From the addition of the Bill of Rights, a promise made to save the Constitution from near certain defeat, to the post–Civil War battle over the Fourteenth Amendment, from the rise and fall of the “noble experiment” of Prohibition to the defeat and resurgence of an Equal Rights Amendment a century in the making, The People’s Constitution is the first book of its kind: a vital guide to America’s national charter, and an alternative history of the continuing struggle to realize the Framers’ promise of a more perfect union.

What Has Government Done to Our Money?

What Has Government Done to Our Money? PDF Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610163060
Category : Currency question
Languages : en
Pages : 130

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Book Description


Money and the Rule of Law

Money and the Rule of Law PDF Author: Peter J. Boettke
Publisher: Cambridge University Press
ISBN: 110884619X
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
Contemporary monetary institutions are flawed at a foundational level. The reigning paradigm in monetary policy holds up constrained discretion as the preferred operating framework for central banks. But no matter how smart or well-intentioned are central bankers, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. Furthermore, central bank discretion implicitly violates the basic jurisprudential norms of liberal democracy. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. A rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic. Understanding the case for true monetary rules is the first step toward creating more stable monetary institutions.

Pay-to-Play Politics

Pay-to-Play Politics PDF Author: Heath Brown
Publisher: Bloomsbury Publishing USA
ISBN: 1440850062
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Pay-to-Play Politics examines money and politics from different angles to understand a central paradox of American democracy: why, when the public and politicians decry money as the worst aspect of American politics, are there so few signs of change? Everyone from Hillary Clinton to Bernie Sanders to Ted Cruz complains about the corrupting role of money and politics, but money is the lifeblood of their political survival. The public, too, deplores big money politics, despite regularly reelecting the richest candidates for office. The purpose of this book is to reconcile how—against many people's wishes—the connection between money and politics has come to define American democracy. Examining the issue from the perspective of the public, the courts, big business, Congress, and the presidency, Heath Brown argues that money can often be harmful to the political process, but not always in ways we expect or in ways we can directly observe. More money does not necessarily guarantee electoral, legislative, or executive victories, but money does greatly change political access, opportunity, and trust. Without a nuanced understanding of the nature of the problem, future reforms will be misguided and fruitless. Pay-to-Play Politics concludes by making concrete recommendations for reform, including feasible ways to reach bipartisan consensus.