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Klein Says US Needs Constitutional Amendment Declaring Money Is Not Speech

Modern Wisdom · The Collapse of American Politics - Ezra Klein - #1114 · June 23, 2026
Klein Says US Needs Constitutional Amendment Declaring Money Is Not Speech
Modern Wisdom
Modern Wisdom
The Collapse of American Politics - Ezra Klein - #1114
"I just believe in much, much, much stronger money in politics regulations. You should amend the US Constitution to say money is not speech. Money should not be as protected speech when spent on politics and make it possible to regulate it. There's an effort to do that through statehouses happening right now."
Klein advocates for a constitutional amendment to overturn Citizens United by establishing that money is not protected as speech in political contexts. He reveals there is currently an active effort through state legislatures to accomplish this, representing a significant policy position from a influential liberal commentator on reforming the campaign finance system and curtailing AI industry influence over regulation.

About this episode

In this episode of Modern Wisdom, host Chris Williamson sits down with Ezra Klein, host of The Ezra Klein Show and co-author of Abundance, for a wide-ranging discussion on politics, technology, and what it means to remain human in an algorithmic age. Klein, fresh off an unlikely viral moment as a 'thirst trap' profiled in the media, opens up about the dangers of letting public perception colonize your sense of self and the critical importance of maintaining a 'backstage' away from constant performance. The conversation moves into sharp political territory as Klein dissects the degradation of democratic discourse, using the example of the official Democratic Party account calling Stephen Miller an 'ugly fuck' to illustrate what he calls a 'tragedy of the commons' problem in attention. Klein offers a striking prediction that Republicans' current Twitter dominance will hurt them electorally in 2-3 years, just as progressive Twitter cost Democrats in 2024. On technology, Klein delivers one of the episode's most pointed critiques, arguing that Elon Musk has been fundamentally 'Twitter brained' into cutting government indiscriminately rather than building state capacity, and that AI is making smart people 'less than human' rather than superhuman by creating an illusion of productivity while degrading actual thinking. Klein advocates for a constitutional amendment declaring money is not speech, reveals there's an active state-level effort toward this goal, and calls for much more aggressive AI regulation focused on present harms rather than speculative doomsday scenarios. The discussion explores Klein's vision of a liberal 'politics of virtue' as antidote to algorithmic extremism, why the Democratic Party abandoned individual self-cultivation, his belief that books are technologies of thinking not information, and why developing embodied intuition and taste will be humanity's competitive advantage against machines. Klein identifies Gavin Newsom, AOC, Pete Buttigieg, and Jon Ossoff as the Democrats best positioned for 2028, praises James Tallarico's progressive Christianity as politically potent, and argues the real AI agenda should focus on public goods like IRS tax assistants and orphan disease cures rather than endless safety debates about hypotheticals. Throughout, Klein returns to a central theme: algorithmic media is rewiring human attention and politics in profoundly destructive ways, and reclaiming space for slow thinking, physical books, walks without phones, and embodied decision-making is not nostalgia but survival.

Key takeaways

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