Candidates who win while spending less than their opponents still usually have to spend quite a lot. While not a surefire guarantor of victory, a large war chest -even if not the largest-is usually a necessary condition. Money may not guarantee victory, but the lack of it usually guarantees defeat. Without large sums, there is rarely much of a campaign, as poorly funded 'minor' candidates have repeatedly discovered.

Democracy for the Few (ed. Cengage Learning, 2010) - ISBN: 9781111792930