How Crowdfunded Donations Could Overthrow Big Money In American Politics
Creative Commons co-founder takes on Super PACS with small donations.
In an attempt to try and stop Super PACS, tax-exempt groups that conceal their donor lists and legally launder huge amounts of money to influence political campaigns, Creative Commons co-founder Lawrence Lessig wants to create a crowdfunded SuperPAC that will put a stop to corruption in politics. MayOne has already raised more than 50% of its $1 million goal, and could stand a real chance of creating fundamental reform in Congress by 2016.
In the same way that Kickstarter relies on the masses to fund unique and interesting projects, MayOne relies on small donations from countless individuals across the country. The idea is in complete contrast to the original Super PACs which rely on million dollar donations from some of the country’s most affluent.