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Opinion: Despite Musk's Wealth and Influence, Historical Challenges for Third Parties in the US

Summary: Following the news that Musk has announced the establishment of the 'American Party,' the topic briefly trended as the top search on Baidu. However, analysis suggests that even individuals like Musk, with immense wealth and influence, demonstrated undeniable mobilization capabilities online and have loyal, high-profile, influential followers, face deep-rooted obstacles for a 'third party'. Public ...

Following the news that Musk has announced the establishment of the 'American Party,' the topic briefly trended as the top search on Baidu. However, analysis suggests that even individuals like Musk, with immense wealth and influence, demonstrated undeniable mobilization capabilities online and have loyal, high-profile, influential followers, face deep-rooted obstacles for a 'third party'.

Public reports indicate that historically, third parties in the US have struggled to achieve political success. Businessman Ross Perot received nearly 19% of the popular vote in the 1992 election but failed to win any electoral votes. Ralph Nader was labeled a 'spoiler' in the 2000 election. Most recently, the 'Forward Party' founded by Chinese-American entrepreneur and former presidential candidate Andrew Yang has garnered attention but struggles to gain traction. (Securities Times)

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