• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Democracy vs Big Money

Democracy vs Big Money

4 years ago
Ireland stun India

Shocking Start For Shreyas Iyer’s Captaincy As Ireland Stun India In First T20I

7 hours ago
Odisha To Unveil New Film Policy Soon; CM Majhi Warns Of Action If Theatres Neglect Odia Movies

Odisha To Unveil New Film Policy Soon; CM Majhi Warns Of Action If Theatres Neglect Odia Movies

7 hours ago
‘7 Days To Go’: Alia Bhatt Kicks Off ‘Alpha’ Release Countdown With Intense Posters

‘7 Days To Go’: Alia Bhatt Kicks Off ‘Alpha’ Release Countdown With Intense Posters

7 hours ago
Odisha wins 4x100 relay

National Inter-State Athletics: Odisha Claims 4×100 Relay Gold At Kalinga Stadium

8 hours ago
Odisha Police To Deploy 79 Platoons Of Force As Puri Gears Up For Snana Purnima

Odisha Police To Deploy 79 Platoons Of Force As Puri Gears Up For Snana Purnima

8 hours ago
Rhea Chakraborty Recalls Wanting To Call Her Brand ‘Chudail Ka Badla’ Or ‘Black Sheep’ After Difficult Times

Rhea Chakraborty Recalls Wanting To Call Her Brand ‘Chudail Ka Badla’ Or ‘Black Sheep’ After Difficult Times

8 hours ago
Dubai missile attack alert

Fact Check: Is Another Missile Attack On Dubai Imminent?

8 hours ago
Congress Appoints Lalji Desai As Odisha In-Charge

Congress Appoints Lalji Desai As Odisha In-Charge

9 hours ago
Shah Rukh Khan Floors Audience With Witty Reply To Fan Who Said She Loves Him More Than Her Husband

Shah Rukh Khan Floors Audience With Witty Reply To Fan Who Said She Loves Him More Than Her Husband

9 hours ago
Vaibhav sooryavanshi not playing

‘Not Going To Watch Anymore’: Fans Fume As Vaibhav Sooryavanshi Is Denied Senior India Debut

9 hours ago
Odisha Livestock Inspector Caught Taking Rs 80K Bribe, Rs 8.24L More Seized During Vigilance Raid

Odisha Livestock Inspector Caught Taking Rs 80K Bribe, Rs 8.24L More Seized During Vigilance Raid

10 hours ago
‘Parents Can’t Be Held Responsible’: Kangana Ranaut Reacts To Sensational Pune Murder Case

‘Parents Can’t Be Held Responsible’: Kangana Ranaut Reacts To Sensational Pune Murder Case

10 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Saturday, June 27, 2026
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home Featured

Democracy vs Big Money

by Akshaya Mishra
August 7, 2022
in Featured, Guest Column, OB Special
Reading Time: 4 mins read
Democracy vs Big Money
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

 “The guardians of the just state should be the most underprivileged of all its citizens. It is an essential feature of the just state that the wealthy be kept away from political power and that the politically powerful be kept away from wealth.” 

Rebecca Goldstein, philosopher and novelist

ADVERTISEMENT

In every country, just about, the disproportionate economic clout of those at the top has provided these individuals with wildly disproportionate influence on their countries’ political life and on its media; on what policies are pursued and whose interests end up being ignored.”

Barack Obama, former US president

Politics is a game multi-millionaires play. The entry gates are firmly shut for the poor and even the reasonably well-off. Once inside the gate, the price of staying in the game is heavy. Unless, of course, you look at it dispassionately and turn it into an opportunity with a great return on investment. As politics becomes a playfield of big money, it becomes a potential source of big-ticket corruption too. People investing crores to win an election need more money for the next, and they have to get innovative. And it goes on.

Money has been a big factor in the pervading sense of alienation among ordinary people from the idea of democracy. As a career option, politics, where democracy plays out in all its magnificence and ugliness, is virtually a no-go for them. They hardly have the satisfaction of electing an independent candidate they think is the best. The latter simply may not have the resources to fight party-backed candidates. The choices the parties throw at them are more often than not uninspiring. In any case, they know whatever they feel doesn’t count. It won’t change the reality of elections. And money will finally win.

Now, look at the numbers. At least 475 of the 542 members of the 17th Lok Sabha are crorepatis, according to a study conducted by Association of Democratic Reforms (ADR), a non-partisan organisation working in the area of electoral reforms. That is close to 90 per cent, compared to 58 per cent in 2009 and 82 per cent in 2014. As many as 83 per cent of candidates in the fray in 2019 both from the BJP and the Congress declared assets over Rs 1 crore in their affidavits, an ADR report said. The median asset for the former was Rs 4 crore and the latter was Rs 4.9 crore. Discount the fact that the candidates may not have been fully honest in their declarations, the numbers are still intimidating.

They make it obvious that politics in general and electoral politics, in particular, have erected a class barrier, making it impossible for people with limited means to reach the country’s apex law-making body. Since the representatives share similar class attitudes and interests, they are less likely to be responsive to the demands of the underclass. The latter is now little more than bystanders in the democratic process. If they feel distanced from the political process, in which theoretically they play the central role, it is not difficult to fathom why.

A little more number crunching to press home the point. At around Rs 60,000 crore, the general election of 2019 was the costliest in India’s history. It beat even the US election of 2016 by a good margin. The cost of elections has gone up six times in a span of 20 years. While the Election Commission caps spending per Lok Sabha constituency at Rs 70 lakh (for big states), in more than 80 constituencies it went close to Rs 50 crore each, says a survey conducted by the Centre of Media Studies. The average spending per Lok Sabha constituency involving all candidates was Rs 100 crore. Of course, the numbers would vary from one constituency to the other. In such a scenario, it is not surprising that even parties with deep pockets would expect candidates to manage a big chunk of their expenses.

Earlier in the evolutionary history of democracy, positions in the decision-making bodies were reserved for the privileged, which included the often interchangeable categories aristocracy and moneyed elite. They sought to maximise the benefits accruing out of democracy for themselves and had a vested interest in keeping lay people out. We seem to have reached a similar situation, the only difference being they occupy the positions of privilege through popular mandate. Unlike earlier, they can claim legitimacy to their positions while making decisions that are not always in the interest of people.

The yawning income inequality between the rich and the rest is proof that a travesty of representative politics has settled in. The poor see no prospect of improvement of economic condition in their lifetime and the middle class. the biggest defenders of democracy feel it has stagnated while the rich are getting richer. Growing automation is ensuring that jobs are lost or become insecure. If this is fanning the anger of people across the world and forcing radical political changes, it is not surprising. Throughout history, economic despondency has been the driving force behind big major changes.

The role of money in politics is a complex topic, encompassing everything from corporate funding of elections to bribing of voters during election time. Since the limited focus of this series is the alienation of people from democracy, we would not go deeper into them. However, we must mention that all have combined to ring-fence the privileged from others. The overwhelming sentiment is that the ruling class is gaming the system in its favour. If it continues then we might witness more radical shifts in politics.

Share196Tweet123
ADVERTISEMENT
Previous Post

Odisha CM Nod To 38% Hike In Home Guards’ Duty Call Up Allowance

Next Post

Rain Warning For Bhubaneswar, Puri, 16 Odisha Districts

Akshaya Mishra

Akshaya Mishra

Senior Journalist & Writer based in New Delhi

Related Posts

Constitution, parliament

Subtle Transition: Is India Redefining The Nature Of Executive Control?

by Brijesh Dash
June 25, 2026

Fifty-one years ago, on June 25, 1975, a formal Presidential proclamation plunged India into an overnight dictatorship. Opposition leaders were...

Mobile tower

The Telecom Paradox: How Public Billions Fund Net-Neutrality Trap In Odisha

by Brijesh Dash
June 25, 2026

The state government’s aggressive rush to erect 707 new 4G mobile towers across 24 tribal districts in Odisha is wrapped...

Sabitri Brata And The Questions We Never Ask

Sabitri Brata And The Questions We Never Ask

by Elisa Patnaik
June 20, 2026

This year, on Sabitri Brata, my teenage daughter asked me why I was even observing a festival which seemed regressive and...

The Shameful Desecration Of Netaji Statue In Bhubaneswar Court Complex

The Shameful Desecration Of Netaji Statue In Bhubaneswar Court Complex

by Anil Dhir
June 19, 2026

Bhubaneswar: Declassified papers have confirmed that the British intended to put Netaji Subhas Chandra Bose on trial for treason and...

Next Post
Mrunal Thakur Compared To Madhubala By ‘Kalki’ Director, Urged Not To Do ‘Random Stuff’

Mrunal Thakur Compared To Madhubala By 'Kalki' Director, Urged Not To Do 'Random Stuff'

Workmates-Namaskar-Bhubaneswar Workmates-Namaskar-Bhubaneswar Workmates-Namaskar-Bhubaneswar
SAI International School SAI International School SAI International School
OdishaBytes

Copyright © 2026 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2026 Frontier Media