In parallel, the cost of elections skyrocketed, driving both parties even deeper into corporate pockets. What remains of political democracy has been undermined further as both parties have turned to auctioning congressional leadership positions. Political economist Thomas Ferguson observes that “uniquely among legislatures in the developed world, U.S. congressional parties now post prices for key slots in the lawmaking process.” The legislators who fund the party get the posts, virtually compelling them to become servants of private capital even beyond the norm. The result, Ferguson continues, is that debates “rely heavily on the endless repetition of a handful of slogans that have been battle tested for their appeal to national investor blocs and interest groups that the leadership relies on for resources.

Noam Chomsky, American Decline: Causes and Consequences (via rooftopsedge)