Small Change: Money, Political Parties, & Campaign Finance Reform by Raymond J. La Raja
English | 15 Mar. 2008 | ISBN: 0472050281 | 336 Pages | PDF | 16 MB
Reformers lament that, with every effort to regulate the sources of campaign funding, c&idates creatively circumvent the new legislation. But in fact, political fundraisers don't need to look for loopholes because, as Raymond J. La Raja proves, legislators intentionally design regulations to gain advantage over their partisan rivals.
La Raja traces the history of the U.S. campaign finance system from the late nineteenth century through the passage of the Bipartisan Campaign Reform Act (BCRA) of 2002. Then, using the 2004 presidential election as a case study, he compares the ways in which Democrats & Republicans adapted their national fund-raising & campaigning strategies to satisfy BCRA regulations. Drawing upon this wealth of historical & recent evidence, he concludes with recommendations for reforming campaign finance in ways that promote fair competition among c&idates & guarantee their accountability to voters.
Small Change offers an engaging account of campaign finance reforms' contradictory history; it is a must-read for anyone concerned about influence of money on democratic elections.