Journals Higher Education



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Published: 31 May 2018

304 Pages


ISBN: 9780190847029

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Politics and Capital

Auctioning the American Dream

John Attanasio

  • Shows how recent Supreme Court decisions and campaign finance regulations map onto a pernicious and growing inequality in America
  • Demonstrates that crucial campaign finance cases have created a new constitutional arrangement that has resulted in the rise in U.S. wealth and income inequality
  • Proposes a principle of "distributive autonomy" which is necessary to ensure that participatory democracy retains its truly democratic elements
  • Reveals that the distorted allocation of income has adversely affected the all-important demand curve of the American economy, and correlates with the dramatic rise in government debt
  • Concludes that political freedom, in the sense of distributive autonomy, is necessary for participatory democracy

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