John Nichols & Robert McChesney remain optimistic despite how America has become a "Dollarocracy"

  • John Nichols & Robert McChesney chat with fans at a recent bookstore appearance in Corte Madera, California

No doubt both political parties will begin spending megabucks in the special election next year to win Florida's 13th Congressional District in Pinellas County, now a swing seat with the death of Bill Young earlier this month.

Will it matter who spends the most? Hard to say, but the fact is that in every election cycle in the U.S. the spending increases, with the 2012 election America's first $10 billion campaign. That's substantially more that the more popular $6 billion figure that has been previously asserted. But a new book, Dollarocracy: How the Money and Media Election Complex is Destroying America, details that increased spending - as well as making the case for why our elections have been sapped of their true meaning by the flood of unaccountable money that has entered into our electoral system.

Dolloracacy is written by John Nichols and Robert McChesney. The authors admit that complaining about money in politics isn't an entirely new phenomenon, but note in the introduction that it's an accelerating phenomenon.

Nichols is the Washington correspondent for The Nation; McChesney a professor at the University of Illinois and a longtime media reform advocate. This is their fourth book where they share a byline, and the pair are currently touring to promote it. That included a stop last week at Book Passage in Marin County, just north of San Francisco.