A shift in power in the Democratic Party
If political power comes from money, then things are changing in the Democratic Party.
On one side is the DNC.
The Democratic National Committee raised $9 million in October but burned almost as much cash to get there. The committee entered October with $8.6 million in the bank and exited the month with just $8.7 million on hand and $7 million in debt.
Without cash how much influence can the DNC have?
On the other side, is this from AOC.
Rep. Alexandria Ocasio-Cortez raised more money for reelection than any other House Democrat in the third quarter of 2019, an achievement the New York Democrat touted as a testament to the power of grassroots fundraising over schmoozing with corporate lobbyists and wealthy executives.
Ocasio-Cortez raked in $1.42 million between July 1 and September 30, outstripping Adam Schiff (D., Calif.), who raised $1.26 million over the same period, and House Speaker Nancy Pelosi (D., Calif.), who raised $1.26 million.
While many try to belittle a progressive agenda that centers working people & the public good, in truth it’s more powerful than ever.
I haven’t picked up a phone once this year to dial for dollars, & I don’t meet w/ corp lobbyists.
That is the power of your grassroots support. https://t.co/BDxvMETBnS
— Alexandria Ocasio-Cortez (@AOC) November 27, 2019
Plus there is Bernie (of course).
Sen. Bernie Sanders (I-Vt.) announced that his campaign for president has received over four million individual donations.
The news means Sanders is the fastest candidate in history to reach the mark, putting him in a league of his own when it comes to donor contributions. While poll numbers can be a strong indicator of a candidate’s prospects, individual donations are often a sign of voter enthusiasm.
“Working-class Americans across the country are chipping in $3, $18, $27, or whatever they can to help elect Bernie Sanders because they know he is the only candidate who will fight for them and take on corporate greed and corruption,” campaign manager Faiz Shakir said in a statement. “This is what momentum looks like.”
There are many levers of political power, such as media power and infrastructure power. Those are still firmly in the hands of the establishment.
But cracks are showing.