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Robert Reich: Big Money Vs. The People – OpEd

8 0
19.10.2026

The article frames the midterms as a choice between concentrated wealth and power held by billionaires, tech firms, and corporations versus broader distribution for the working middle class, rather than a conventional left-right or partisan contest.

It reports that Republican candidates are being outspent roughly 2-to-1 by super PACs and megadonors, with Elon Musk, crypto interests, AIPAC, and dark-money groups supplying large sums, while the Federal Election Commission lacks a quorum.

The author urges Democratic majorities, if achieved, to prioritize a constitutional amendment or public financing to curb Big Money and a national wealth tax, while calling on voters to support small-donor candidates and turn out early.

America makes its choice two weeks from Tuesday.

It’s not really a choice between two parties. After all, a record 45 percent of American voters now call themselves “independent” and don’t align with either party. And most of us who still describe ourselves as Republicans or Democrats don’t have much love for whichever party we’re registered with.

Nor will it be a choice between the “left” and the “right,” as those terms have been used for the last half-century — representing preferences by the left for more and bigger social safety nets and by the right for lower taxes. These days, big business wants more government in the form of subsidies, bailouts, no-bid government contracts, and a........

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