"The growing economic power of the richest percentiles translated directly into increased political power, as they gained new influence over elections. In the USA, the collapse of as a result of neoliberal reforms has meant that corporations are able to outcompete labour in campaign financing. Their position was further strengthened in 2010, when the Supreme Court ruled in that corporations have a constitutional right to spend unlimited amounts of money on political advertising as an exercise of 'free speech'."
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Original Language: English
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Jason Hickel, "Neoliberalism and the End of Democracy", taken from The Handbook of Neoliberalism (2016), p. 145
https://en.wikiquote.org/wiki/Wealth
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Wealth
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