Skip to main content

Why are the billionaires always laughing?

Because they know the corporate media will never call bullshit on their bullshit.

Why are the billionaires laughing?

It’s easy to laugh when the corporate press treats you as a glorious success instead of the epitome of a broken social order. They laugh because they know the corporate media prefers to fawn over them rather than hold them to account.

Today, we ask you to support our nonprofit journalism because we are not impressed by billionaires flying into space, their corporations despoiling our health and planet, or their vast fortunes safely concealed in tax havens across the globe. We are not laughing.

We are hard at work digging out the truth. Please support this independent journalism today by donating to our critical Fall Campaign. We cannot do it without you. Thank you. -- Craig Brown, Co-founder

Support Our Work -- Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Every donation—large or small—helps us bring you the news that matters.

U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in the final presidential debate at Belmont University on October 22, 2020 in Nashville, Tennessee. (Photo: Jim Bourg-Pool/Getty Images)

U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in the final presidential debate at Belmont University on October 22, 2020 in Nashville, Tennessee. (Photo: Jim Bourg-Pool/Getty Images)

The 2020 Election as a Triumph for Democracy? Hold the Hosannas

Even high voter turnouts mask the reality of that "affluent authoritarianism" that now governs America.

Sam Pizzigati


In real horse races — races that actual horses run — the winners go on to run other races. Racehorses do races. They have no other responsibility.

In our political horse races, winners do have another responsibility. We expect them to go on and govern, to make and execute policy decisions. Horse races don’t give us democracy. We have democracy when those we the people elect make choices that reflect what we need and feel.

Our pundits, unfortunately, regularly overlook that distinction, as they did once again on Election Day 2020. They beheld the spectacle of a national voter turnout up by tens of millions and hailed the resiliency of our democracy, as imperfect as that democracy may be.

Meanwhile, just before Election Day, two researchers released compelling new evidence that by the metric of governing — the only reason we hold political horse races — the United States no longer operates as a serious democracy. We have become something else altogether. In our current political system, their data analysis shows, the rich, not the people, almost always win.

The two analysts behind this new research, the Seattle-based Shawn McGuire and Charles Delahunt, have built upon the pioneering political science of UCLA’s Martin Gilens and Northwestern’s Benjamin Page, scholars who’ve been probing how democracy does — and does not — play out in the policy choices America makes.

The big question the Gilens and Page work raises: At what point does a democracy cease to be democratic? A difficult question. In the social sciences, after all, neat lines seldom separate one phenomenon from another. But if we start from “the premise that democracy means a government that responds to the wishes of the average citizen,” as Page explained after he and Gilens published their landmark research in 2014, we can find it “quite feasible to investigate this question objectively.”

To do that investigating, to find out how much influence average citizens have on what their government does, Gilens and Page made a deep dive into a database of federal policy decisions that Gilens had spent ten years compiling. In all, the two political scientists analyzed the outcomes from 1,779 policy disputes and battles. And their conclusion?

“Average citizens have no detectable influence at all,” sums up Page, “upon federal policy.”

Who does have influence?

“If you look at affluent people,” says Page, “they get what they want almost all the time.”

Enter Shawn McGuire and Charles Delahunt, and at this point things get a little wonky.

Gilens and Page put their data on federal decisions through the standard scholarly tools of multiple regression analysis. McGuire and Delahunt have gone back to that same database with analytical tools from the emerging new worlds of artificial intelligence and machine learning.

Their new working paper, just published by the Institute for New Economic Thinking in New York, gives a rigorously technical analysis of what these tools reveal, and the Institute’s research director, Thomas Ferguson, has helpfully fashioned an introduction to — and a historical context for — the McGuire-Delahunt analysis that lay readers will find easily accessible.

Ferguson, himself a pioneer in social science research on political decision making, points out that “the idea that public opinion powers at least the broad direction of public policy in formally democratic countries like the United States has been an article of faith in both political science and public economics for generations.”

Gilens and Page upset that apple cart. McGuire and Delahunt confirm that upsetting and, notes Ferguson, open the way to “exciting extensions.”

Gilens and Page, for instance, locate real influence over public policy within the ranks of the most affluent 10 percent, but suggest that opinions in this top tenth most probably reflect attitudes within the ranks of the top 1 or 2 percent.

McGuire and Delahunt go further. Their research moves our focus from what our richest have on their minds to what they’re doing with what they have in their wallets. They see “the transfer of large amounts of money to policy makers from the wealthiest sources focused intensely on particular policies” as the “lodestar variable” for understanding how our policy makers make policy.

Opinions among America’s influencers, concurs Ferguson, amount to “noisy” byproducts from the mobilization of big money, what we get from big money’s “comet-like trail of social networks, subsidized op eds, subservient think tanks, and journalists seeking applause and better positions.” Our democracy has become, in Ferguson’s phrase, an “affluent authoritarianism.”

“McGuire and Delahunt’s reassessment of the [Gilens] data makes it much easier to see how far from reality ideas that average voters drive politics really are,” Ferguson goes on to note. “To make progress on understanding the mainsprings of actually existing democratic systems like the United States, the fixation on public opinion has to change.”

And who has the power to make that change, to shift our nation’s political dialogue off winsome narratives about America as democracy’s eternal fountainhead? On this key question, our most serious researchers — on the presence and absence of democracy in contemporary American life — seem to agree. Only mass mobilizations can beat back mobilizations of big money.

“I’d like people to see,” says Ben Page, “that things can change — because, in fact, things did change in the United States, in two big waves of political action, the first during the Populist and Progressive period that started in the late 19th century, the second in the New Deal era.”

Elections do matter, adds Thomas Ferguson, but making real change like taxing the rich and passing Medicare for all requires “a real mass movement not dependent on the good will of the super rich.”

McGuire and Delahunt most certainly agree. They find it “strange to observe the fight for ‘democracy’ currently playing out on screens across the country,” the two observed to earlier this week, “while the underlying disease — money-driven policy outcomes — leading to present-day symptoms goes mostly unspoken.”

“The current election is of critical importance,” they continue, “but a society that pins its hopes for democracy on quadrennial extravaganzas heavily funded by wealthy interests will be disappointed, as these players will perpetually win the game.”

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

Schumer Endorses 'Inspiring Community Leader' India Walton as Buffalo's Next Mayor

The U.S. Senate majority leader's move comes as some key New York Democrats refuse to back the democratic socialist.

Jessica Corbett ·

'Who Will You Throw Overboard?' Manchin Targeted for Trying to Sink Democratic Agenda

West Virginians gathered at the senator's yacht to demand that he stop blocking the "popular and needed" Build Back Better package.

Jessica Corbett ·

'We Shouldn't Do It at All': Manchin Admits He's the Enemy of Democrats' Ambitions

The right-wing West Virginia Democrat and fossil fuel investor has previously confessed his intent to quash his own party's sweeping $3.5 trillion Build Back Better package.

Brett Wilkins ·

After Getting 'Stealth Bailout' During Pandemic, US Corporations Try to Kill Proposed Tax Hikes

"When it's time to finally put workers first, big businesses are spending millions to maintain their advantage and preserve the status quo," said Kyle Herrig of Accountable.US.

Jessica Corbett ·

'Disgraceful': Just 9 Republicans Join With Dems to Hold Steve Bannon in Criminal Contempt

The vote "reveals just how far the Republican Party has fallen" since Trump took control as GOP's de facto leader, said one pro-democracy advocate.

Jon Queally ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.

Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo