Turning Down Billionaire Donations on Precept? Who Does That?

“Particular person Billionaires Dominate Election Donations,” Democracy Chronicles

November 12, 2019; Frequent Goals

We at NPQ have been speaking lots lately in regards to the decline of charitable giving amongst lower-income households within the US and the potential disastrous impact that would have on the democracy potential of the sector. However nonprofits don’t stand alone within the quandary of what’s to be accomplished when increasingly more of the accessible are being given by fewer and fewer households.

When Senator Bernie Sanders (D-VT) stated he wouldn’t settle for any marketing campaign donations from billionaires, he evidently meant it, sending again even a really modest $470 contribution from Marta Thoma Corridor, spouse of billionaire inventor David Corridor.

Corridor additionally gave $505 to Sen. Kamala Harris (D-CA) and $685 to Beto O’Rourke, who dropped out of the race earlier this month. Sanders is the one main Democratic candidate for 2020 who has not logged any marketing campaign contributions from billionaires.

Corridor stated that she discovered his stance “disappointing” and “ridiculous,” however we fail to notice why, since Sanders has been clear from the beginning of his 2020 marketing campaign that the contributions weren’t welcome.

“I don’t assume that billionaires ought to exist,” Sanders advised the New York Instances in September. “Sufficient is sufficient. We’re going to tackle the billionaire class, considerably scale back wealth inequality in America, and cease our democracy from turning right into a corrupt oligarchy.”

In different phrases, it goes past considerations about any notion of elite management of the marketing campaign, extending, as a substitute, the ideas of his marketing campaign in a excessive profile and weird stance. The tactic suits properly inside his technique and message, thus aligning his fundraising together with his function. We must always all take observe.—Ruth McCambridge

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