Voting with Dollars A New Paradigm for Campaign Finance Bruce A. Ackerman, Ian Ayres

Publication date:
01 Feb 2004
314 pages: 229 x 152 x 17mm
black & white illustrations

In this provocative book, two leading law professors challenge the existing campaign reform agenda and present a new initiative that avoids the mistakes of the past. Bruce Ackerman and Ian Ayres build on the example of the secret ballot and propose a system of "secret donation booths" for campaign contributions. They unveil a plan in which the government provides each voter with a special credit card account containing fifty "Patriot dollars" for presidential elections. To use this money, citizens go to their local ATM machine and anonymously send their Patriot dollars to their favorite candidates or political organizations. Americans are free to make additional contributions, but they must also give these gifts anonymously. Because candidates cannot identify who provided the funds, it will be much harder for big contributors to buy political influence. And the need for politicians to compete for the Patriot dollars will give much more power to the people. Ackerman and Ayres work out the operating details of their plan, anticipate problems, design safeguards, suggest overseers, and show how their proposals satisfy the most stringent constitutional requirements. They conclude with a model statute that could serve as the basis of a serious congressional effort to restore Americans' faith in democratic politics.

"One of the few genuinely original contributions to the debate over campaign finance reform." Cass R. Sunstein, Karl N. Llewellyn Distinguished Service Professor, University of Chicago; "This breakthrough book initiates the long-overdue effort to examine alternative approaches to campaign finance reform." Nadine Strossen, President of the American Civil Liberties Union and Professor of Law, New York Law School; "The creative radicalism of Voting with Dollars can only help jolt Washington's campaign 'reformers' out of their 25-year rut." Jonathan Rauch, Washington Monthly; "Ackerman and Ayres provide a fresh and provocative way of thinking about the interaction between dollars and votes, and a fascinating out-of-the-box solution for what's wrong." Robert B. Reich, Hexter Professor of Social and Economic Policy, Brandeis University, and former Secretary of Labor in the Clinton Administration"