Campaign Finance

Paper Summary:

This paper discusses Frank J. Sorauf's "Inside Campaign Finance: Myths and Realities" and how it provides a new outlook on the financial nature of political campaigns. Most importantly, it examines the extent to which the drive for finance affects the direction of politics. The paper shows that the push towards disallowing politicians to use public funds for campaigns is a hopeless one. Indeed, since the political system sustains itself through the use of public funds for campaigning, it will not amend itself in this sense, for this would be a form of political suicide or self-destruction. Overall, the author feels that the argument is too harsh and that certain things can be done. For instance, the author strongly suggests that a separate government body should be created to monitor campaign finance.

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