I just want to point you to a post at the Monkey Cage, discussing the role of media institutions in defining political parties: Who's the Party Elite?
The author David Karol bemoans the lack of public appreciation for how political parties are shaped by what we might call "allied institutions". This ignorance is pervasive, and I believe it underlies the idea that campaign finance regulations will act as some sort of rescue from plutocracy and elitism in government. After all, what does it matter if some rich guy can buy a political advertisement in the newspaper if he can just buy (or build) an entire newspaper for use as a propaganda tool?
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Of course, "The Firm." And when it becomes oriented around a security apparatus, you then arrive at libertarian class analysis.
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