This word is coined by combining two words: money and democracy, in case you haven't figured it out.
This word emphasize the extreme importance money has in today's "democracy".
Here's how the game is played from a politician's perspective:
1. In order to put your hands on other people's money (aka tax), you have to be elected as a representative or a official
2. In order to get enough vote from people who don't even know you (aka voters), you need name-recognition
3. The only way to get that is through the media
4. The media is not free service, you need a lot of money to buy air time from local TV and radio stations
5. You need find people who can fund you (aka donors, base)
6. To untie the purse string and to keep the money coming, you have to understand, sympathetic, and fight for your donors, while in public, keep the pretense to fight for everybody else
7. Once elected, don't stop for a minute your fund-raising otherwise, you won't have enough money to be re-elected. The best strategy to keep the money coming is to keep your donors happy by fighting for them nail and teeth
8. When in office, unless being damn sure about your future reelection chance, never make any move that might offend/hurt your past, current and potential donors
9. When in office, keep a good relationship with politicians from opposite party, not for "bipartisan" myth, but to secure a chance to be recruited as highly paid lobbyist once the term is over
10. When the term is over, don't leave D.C., stay close to where other people's money is stored. Be a lobbyist when your party is out the WH and be a government official to continue your lobby job from the other side of the "revolving door" (aka inside government)
11. Voter who?
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