Larry Lessig Launches Crowdfunded SuperPAC To Try To End SuperPACs

from the fighting-superpacs-with-superpacs dept

Larry Lessig is thinking big (as per usual) and taking a "moonshot." Today he announced the launch of the MAYDAY Citizens' SuperPAC, in which he's hoping to crowdfund $1 million to help elect people to Congress who will help reform the political system to try to take money out of politics -- basically a SuperPAC to end all SuperPACs. This project has an interesting twist on traditional crowdfunding: nothing will happen if the goal isn't met, but if it is, then two interesting things will happen: a matching donation and a second round, seeking $5 million:
We’ve structured this as a series of matched-contingent goals. We’ve got to raise $1 million in 30 days; if we do, we’ll get that $1 million matched. Then we’ve got to raise $5 million in 30 days; if we do, we’ll get that $5 million matched as well. If both challenges are successful, then we’ll have the money we need to compete in 5 races in 2014. Based on those results, we’ll launch a (much much) bigger effort in 2016 — big enough to win.

The ultimate aim is to spend enough to win a majority in Congress committed to fundamental reform by 2016. We’ve spent the last year gaming out how much that would cost. I think it is feasible and possible — if we can take these first steps successfully now.
Lessig has put together a video explaining all this as well:
This whole thing is wildly ambitious, which means it has a high likelihood of failure -- but if it succeeds, think of the impact it could have. If you're an American citizen, you can contribute here and help see if this moonshot is possible.

Filed Under: corruption, crowdfunding, larry lessig, mayday, money and politics, politics, superpac

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  1. icon
    ChurchHatesTucker (profile), 1 May 2014 @ 11:23am

    Re: The biggest problem is the Supreme Court, not congress

    Or 3) just pass an amendment saying corporations are not people and we don't know where you got that because you didn't explain it the first time.

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