Technically, the Two Party system isn’t actually a thing. It is instead simply the work of Market Forces.
It’s also Amendment 2 of the Constitution. To wit:
The Electors shall meet in their respective States, and vote by Ballot for two Persons, of whom one at least shall not be an Inhabitant of the same State with themselves. And they shall make a List of all the Persons voted for, and of the Number of Votes for each; which List they shall sign and certify, and transmit sealed to the Seat of the Government of the United States, directed to the President of the Senate. The President of the Senate shall, in the Presence of the Senate and House of Representatives, open all the Certificates, and the Votes shall then be counted. The Person having the greatest Number of Votes shall be the President
That last part being the main reason there’s an Either / Or in elections, e.g. two parties. Getting to First-Past-The-Post whether via electors or total popular vote turns out to be difficult for some reason. And to your point, yes, money is a major, as they say, bitch.
It’s also Amendment 2 of the Constitution. To wit:
That last part being the main reason there’s an Either / Or in elections, e.g. two parties. Getting to First-Past-The-Post whether via electors or total popular vote turns out to be difficult for some reason. And to your point, yes, money is a major, as they say, bitch.
Small clarification:
*Article 2.