Unregulated campaign financing has significant implications for democracy, often leading to disproportionate influence of wealthy donors and corporations on political outcomes. This can result in policies that favor the interests of the few over the majority, undermining the concept of equal representation. Furthermore, lack of transparency fosters corruption and erodes public trust in government institutions. When candidates increasingly rely on large donations, political agendas may shift away from genuine public interests, compromising the accountability essential for a healthy democratic process.