The Corner

Politics & Policy

The Power of Money in Politics Is Overrated

Progressives have a go-to explanation for why their cherished policies haven’t already been enacted: Moneyed interests have corrupted the political system to block them. It’s pretty common to hear that explanation offered for why guns aren’t more tightly regulated, carbon emissions aren’t capped, single payer is an uphill climb, and Israel has U.S. government support.

At Bloomberg Opinion, I argue that money is far from being the most important reason for progressive frustrations on these issues. The real obstacle to the Left is that millions of Americans don’t agree with it — and no amount of  “campaign-finance reform” will change that.

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