A Quote by Joseph Nye
Money and donations are an important part of our political system. They are hard power.
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We have power... Our power isn’t in a political system, or a religious system, or in an economic system, or in a military system; these are authoritarian systems... they have power... but it’s not reality. The power of our intelligence, individually or collectively IS the power; this is the power that any industrial ruling class truly fears: clear coherent human beings.
In our political system, money is power. And that means a few can have a lot more power than the rest. That's bad news for everyone else - and for our democracy itself.
Money power cannot be separated from democratic power without miscarriage and ensuing frustration - political and economic. Democracy implies the sovereignty of man; and, since man cannot be sovereign without the money power, there can not be democracy under the political money system.
The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.
When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.
From a distance, the American political system is a remarkable success. We have accomplished the peaceful transfer of power for more than two hundred years, and that's unmatched by any civilization in human history. Up close, our political system still has all the ugliness and bad actors that you might suspect.
What we have are - some of the big political donors behind the super PACs are big on promoting more of these trade agreements which cost us jobs - another reason that we need to end political action committees and have only individual donations with their donations being disclosed completely with names and addresses and other information.
We already ban foreign donations to political candidates, and we should strengthen that ban with closer scrutiny of credit card donations.
Whatever the eventual judgment, the political implications of Hutton are already clear. A devastating indictment of Labour in power - and of our political system itself.
Unfortunately, corruption is widespread in government agencies and public enterprises. Our political system promotes nepotism and wasting money. This has undermined our legal system and confidence in the functioning of the state. One of the consequences is that many citizens don't pay their taxes.
The challenge remains. On the other side are formidable forces: money, political power, the major media. On our side are the people of the world and a power greater than money or weapons: the truth.
For me, what is political is very personal. Politics are not this abstract idea. Laws are the rules that dictate how we live our lives. What we eat is political. How we dress is political. Where we live is political. All of these things are influenced by political decision-making, and it's important to be part of the process.
We've got an outstanding justice system. Our judiciary are respected around the world. It is a key part of what we are as a country. It's an area where there is a strong political consensus behind that and perhaps in an era of populism it's important that we preserve those qualities.
Donald Trump's campaign has raised about $100,000 in donations during the second quarter. Which raises an important question: Who is giving Donald Trump money? That's like giving your money to a pile of money.
Obviously, a lot of non-profits live on donations, and that's a wonderful thing. But higher education can't exist on donations only because, if that were the case, we would have a hard time paying teachers adequate salaries.
I think that building political power has to come from the outside and from within. Meaning, we have to build political alternatives to the existing system, and we have to try to impact what is happening in the existing system.
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