British election funding
A short piece here.
The solution recommended by Sir Hayden Phillips, to fund parties in accordance with how many votes they got in the last election, is a classic example of a positive feedback system. A ten-year-old should have been able to spot the flaw.
The individual parties, of course, favor reforms that cripple the other party's source of funding. Like that's news.
The problem isn't campaign funding. It goes deeper.