Florida billionaire John Morgan launches new political party to challenge two-party system
By willowt // 2025-03-01
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  • Florida attorney and billionaire John Morgan has revealed plans to launch a new political party targeting voters disillusioned with America's polarized two-party system. He aims to represent those "stuck in the middle," criticizing gerrymandering and extreme partisanship as key issues.
  • Morgan tentatively named the party the "Capitalist Party," emphasizing common ground among Americans and rejecting hyper-partisanship. His prior success in mobilizing voters for issues like medical marijuana and minimum wage increases suggests potential for influence.
  • Morgan highlights gerrymandering and extreme positions within both major parties as reasons for political gridlock and voter alienation. His move reflects broader dissatisfaction with the current system.
  • Once a Democratic donor, Morgan left the party in 2017 but continued supporting some Democratic candidates. He has also expressed admiration for Donald Trump's populism. Morgan is considering a 2026 Florida gubernatorial run, potentially as an independent, focusing on issues like marijuana legalization and economic reform.
  • Morgan's initiative comes amid record voter dissatisfaction with both major parties. Historically, third-party movements have pressured mainstream parties to address neglected issues, and Morgan's efforts could similarly push Democrats and Republicans to appeal to moderate voters.
In a political landscape increasingly defined by polarization, Florida attorney and billionaire John Morgan has announced plans to launch a new political party aimed at representing voters who feel "stuck in the middle" of America's entrenched two-party system. Morgan, a former Democratic donor and supporter of President Joe Biden, has long been a prominent figure in Florida politics, but his latest move signals a growing disillusionment with both major parties. In a post on X, Morgan declared, “I am forming a new political party for those of us stuck in the middle. Our two-party system is broken due to Gerrymandering and divisive issues… both sides. No labels is not an option.” He added that the paperwork for the new party is already being drafted, urging his followers to “stay tuned” for updates. This announcement comes as Morgan, the founder of the personal injury law firm Morgan & Morgan, continues to explore a potential run for Florida governor in 2026. His decision to break from the Democratic Party in 2017 and his subsequent criticism of both parties highlight a growing sentiment among voters that the current political system no longer serves their interests.

The rise of the "Capitalist Party"

Morgan first floated the idea of a new political party last year, tentatively naming it the "Capitalist Party." In an interview with Florida Playbook, he explained his vision: “When you take the ‘D’ and the ‘R’ down, most of us agree on most things.” This statement reflects a belief that the hyper-partisanship of modern politics has overshadowed the common ground shared by many Americans. Historically, third-party movements in the United States have struggled to gain traction, often serving as protest votes rather than viable alternatives. However, Morgan’s deep pockets and name recognition in Florida could give his party a fighting chance. His successful campaigns for constitutional amendments on medical marijuana and raising the minimum wage demonstrate his ability to mobilize voters and influence policy. Morgan’s critique of the two-party system is not without merit. Gerrymandering, the practice of manipulating electoral district boundaries to favor one party, has contributed to political gridlock and a lack of accountability. Meanwhile, both Democrats and Republicans have increasingly embraced extreme positions, alienating moderate voters.

A political chameleon

Morgan’s political evolution is as intriguing as his latest venture. Once a self-described "Bill Clinton Democrat," he left the Democratic Party in 2017, citing disillusionment with its direction. Despite this, he continued to support Democratic candidates, including Joe Biden, though he refused to back Vice President Kamala Harris in the 2024 presidential election. “She would not be my first choice,” Morgan said of Harris in a July 2024 interview. “She has no talent and can never run for president again. She should go away, and never, ever come back.” Yet, Morgan has also expressed admiration for former President Donald Trump, calling him a “f**king genius” for tapping into populist anger. “I didn’t vote for Trump, but I’m pulling like hell for Trump,” he wrote on X. This seemingly contradictory stance underscores Morgan’s belief that neither party fully represents the interests of the American people.

A potential gubernatorial run

Morgan’s political ambitions extend beyond the creation of a new party. He has repeatedly hinted at a possible run for Florida governor in 2026, when incumbent Ron DeSantis will be term-limited. In December 2024, Morgan told Politico that he would consider running as an independent, potentially leveraging his new party to bolster his campaign. If he decides to run, Morgan’s platform is likely to focus on issues that resonate with Florida voters, such as marijuana legalization and economic reform. His pro-marijuana stance has already earned him significant support, and his advocacy for raising the minimum wage has endeared him to working-class voters. However, Morgan’s candidacy would face significant challenges. Third-party candidates often struggle to gain traction in statewide races, and Florida’s political landscape remains deeply divided. Still, Morgan’s wealth, name recognition and ability to connect with voters could make him a formidable contender.

Why this matters

Morgan’s announcement comes at a critical juncture in American politics. Voter dissatisfaction with both major parties is at an all-time high, and the 2024 election cycle exposed deep divisions within the Democratic and Republican coalitions. The rise of populist movements on both the left and right has further complicated the political landscape, leaving many voters feeling disenfranchised. Historically, third-party movements have served as a barometer of public discontent. From Theodore Roosevelt’s Progressive Party in 1912 to Ross Perot’s Reform Party in the 1990s, these movements have often forced the major parties to address issues they had previously ignored. Morgan’s new party could play a similar role, pushing Democrats and Republicans to confront the concerns of moderate voters. As Morgan himself put it, “If the choice is only vanilla or chocolate… you never get to eat strawberry.” Whether his new party can offer a viable alternative remains to be seen, but one thing is clear: the political status quo is no longer acceptable to millions of Americans. For now, all eyes are on Florida, where John Morgan’s bold experiment in democracy could reshape the future of American politics. Sources include: RT.com FoxNews.com Yahoo.com
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