Now Comes Venture-Capital Politics

Do voters really care if a millionaire spends his own money to win?

Only in America could a boy born in a modest farmhouse in central Illinois grow up to be a Senate candidate with no previous political experience. Well, make that only in America--by way of Wall Street and a $35 million fortune to spend.

Money is what made it possible for Jon Corzine, the bearded, bespectacled and besweatered former co-chairman of Goldman Sachs, running on an unabashed liberal platform, to go from near anonymity to beat former Governor Jim Florio in last week's New Jersey primary. His open wallet opened the minds of many Democratic bosses to his novice candidacy--he even...