&quot; to reach these people and to convince them to vote for your candidate, you have to spend tons of money&quot;<p>I recall reading from freakonomics that (according to them) inverse is actually true: candidates do not do better because they have bigger budgets, but they&#x27;re likely to receive more financial support if they are more likely to get elected. Truth probably lies somewhere in between, but stating that &quot;democracy is fundamentally broken&quot; is just too naive.