For you, the root problem of billionaires’ political influence is their wealth. You seem to think that economic inequalities will always undermine political equality. Thus, one needs to address the economic inequalities, for example via taxation and redistribution, if one wants to limit the power of billionaires.
WHAT CAN YOU DO ABOUT IT?
We made a little list of initiatives that aim at reducing economic inequality, and ways in which you can join. This list is not exhaustive: we mainly have information for the US and Europe. If you know of an organization that fights for a better distribution of the riches in other countries, or though other means, please let us know we’ll be happy to add it.
FIGHT TAX EVASION & ACT FOR REDISTRIBUTION
Taxes are one way in which money circulates from the top to the bottom – but that only works if the taxes are redistributive enough and if they are enforced properly.
DONATE TO RESEARCH TAX EVASION AND PROMOTE SOLUTIONS
The Tax Justice Network is an organization that fights for tax justice by researching tax evasion, and advocating for solutions such as information exchange between countries. They rely mostly on small contribution – they do not get much corporate money – your donation could make a difference here. The Financial Transparency Coalition pursues the same goals, and also organizes conference to discuss issues and solutions to different forms of tax evasion. Support them here.
ACT FOR A MORE REDISTRIBUTIVE TAX SYSTEM
Equality Trust is a UK-based organization promoting economic equality in Great Britain. You can join one of their local groups, invite one of their speakers to an event or donate to help them promote more redistribution. They helped implement similar initiatives in Italy, in Germany, and in New-Zealand. In the US, the Progressive Change Campaign Committees helps progressive candidates to be elected and promotes progressive tax policies. Citizens for social justice also promote such taxes and American For Tax Fairness work on closing tax loopholes that allow the wealthiest to have a rather low average tax rage. You can also take a look at those petitions to close the wealth gap.