It was a fascinating question and answer session. “Democracy means rule of the people: one person, one vote,” says McChesney, a professor and leading scholar of communications at the University of Illinois. “Dollarocracy means the rule of the dollars: one dollar, one vote. Those with lots of dollars have lots of power. Those with no dollars have no power.”
Nichols, Washington correspondent for The Nation, tells Moyers: “Dollarocracy has the ability to animate dead ideas. You can take an idea that’s a bad idea, buried by the voters. Dollarocracy can dig it up and that zombie idea will walk among us.”
Below is a video that you can view. It's worth the time!