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By Thomas Ferguson, AlterNet
The following has been adapted from a version of a speech delivered to Occupy Boston by Thomas Ferguson, the father of the "Investment Theory of Politics."
I’m honored to speak to you today about money and politics, but it’s not the first time I’ve been here. This is actually the third time I’ve visited your encampment. The first couple of times I walked around and looked at the signs. Many were priceless; the best tutorials I’ve ever seen on the subject of money and politics. My favorite was the one that advised that Congressmen and women should emulate NASCAR drivers and show us their sponsors. Another styled contemporary capitalism “socialism for the 1%.” And many sharply attacked the Supreme Court’s Citizens United decision, which helped throw open the floodgates to the tidal wave of secret money that is now engulfing American elections.
I’m a social scientist, so I actually counted: about a third of all the signs that day had money and politics as their themes. It was obvious that you here at Occupy Boston and your colleagues in New York, Oakland, Chicago, and other cities have already grasped the heart of the problem of money and politics in America: that we live in a money-driven political system that works pretty well for the 1%, but no one else.
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