4 February 2021 — Tricontinental
Oswaldo Terreros (Ecuador), Mural para la Universidad Superior de las Artes (‘Mural for the University of the Arts’), 2012.
Greetings from the desk of the Tricontinental: Institute for Social Research.
In 2019, 613 million Indians voted to appoint their representatives to the Indian parliament (Lok Sabha). During the election campaign, the political parties spent Rs. 60,000 crores (around US $8 billion), 45% of which was spent by the Bharatiya Janata Party (BJP), the governing party; the BJP won 37% of the vote, which translated into 303 of the 545 seats in the Lok Sabha. A year later, a massive $14 billion was spent on the US presidential and congressional elections, with the winning Democrat Party dominating the spending. These are massive amounts of money, whose grip on the democratic process is quite clear by now. Is it possible to talk about ‘democracy’ without being candid about the erosion of the democratic spirit by this avalanche of money?
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