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If a new campaign finance system were adopted, the role of wealth in the political system would be sharply attenuated. Office seekers could mount their campaigns without having to become indebted to private financial backers who, particularly in New York, are concentrated in the financial sector. Nothing is certain in politics, but the probability is very high that a legislature composed of publicly funded members would be less concerned with the interests of the financial oligarchy and more supportive of those who have endured high levels of unemployment and lost incomes.
We don鈥檛 know if Cuomo鈥檚 plan will pass in the state legislature, but we do know that .