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"Democrats: The Party of American Capital"
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"The article explores the shift in the Democratic Party's fundraising strategy, from relying on trial lawyers and unions to becoming the preferred party of American capital. This change is attributed to the rise of Silicon Valley and the tech industry, which has become a major source of funding for the party. The article also discusses how the party's shift has led to a loss of its working-class base and a consolidation of its support among the affluent."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqcxwturs6tupm30z8m5rtdgtm7srx3yxq0cgyqvyc7vzwhrtehq8qntej22\nhttps://images.jacobinmag.com/wp-content/uploads/2024/11/10152219/GettyImages-1241206702-900x600.jpg\nShortly before the 2000 election, BusinessWeek magazine introduced a new kind of investment vehicle to the American public. Several firms, the article revealed, had constructed funds whose performance would be highly correlated with the outcome of the election. Customers could buy into a George W. Bush or an Al Gore fund, each of which was [\u0026hellip;]\nhttps://jacobin.com/2024/11/democrats-capital-tech-fundraising-trump/",
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