Two Supreme Court decisions (Citizens United v. Federal Elections Commission and, later,American Tradition Partnership v. State of Montana) and an appellate court decision (SpeechNow v. Federal Election Commission) are fundamentally transforming our political system and our democracy to a degree we may not grasp until the results of this year’s elections become clear. Never has our electoral process been more captive to vast – and mostly anonymous – sums of money from a handful of large corporations and wealthy individuals.
For all the scorn rightfully heaped on Citizens United, however, it’s actually SpeechNow v. Federal Election Commission that has been most destructive. SpeechNow allows not-for-profit organizations to accept unlimited contributions from individuals for independent expenditures, and this decision birthed both “super PACs,” which can accept unlimited contributions but must disclose donors, and “tax-exempt organizations” which are not subject to the disclosure requirements that apply to candidates, parties, PACs and super PACs….
Moneyocracy is a transmedia documentary taking place during the 2012 U.S Presidential race. Its goal is to look at the impact of current U.S campaign finance laws on the elections and political communications.
Moneyocracy aims to offer a nonpartisan view on the current state of the U.S democracy. This production is totally independent an relies on a journalistic work.