This article originally appeared on Center for a Stateless Society.
Harvard law professor and political activist Lawrence Lessig is mounting an intriguing run for President. Lessig’s symbolic campaign will be entirely funded by crowdsourced donations since he has a one-issue platform: campaign finance reform. If elected president, Lessig would attempt to pass a single law through Congress which would scrap existing private campaign financing in favor of a public system under which citizens could fund their favored candidates through small tax vouchers. Lessig has said after passing the law, he’d resign from office. Like many others before him, Lessig denounces the multi-billion dollar industry that American electioneering has become but proposes an inadequate remedy.
Lessig isn’t wrong to detest the baldly corrupt American political system. In the 2016 presidential race, less than 400 of the country’s wealthiest families will contribute nearly half of the overall money raised. The well-known billionaire business magnates that make up that list (the Schwabs, Larry Ellison, and Norman Braman, to name just a few) have a lot riding on the success of their presidential racehorses.… Read the rest