Short answer: Yes
Public utilities have been largely privatized in the US. Education, power utilities, telephone communications, the airwaves, the internet, and even water to some extent have all seen more private for-profit transitions over the past few decades. If elections are to be held to a higher standard, or even the highest standard, they must be protected from influence that become greater than that of any one individual member of the public.
If an ordinary citizen, earning minimum wage cannot have the same influence as any other private entity, then how are elections fair for the We, the People? How are elections and the electoral process to be safeguarded from the intoxicating influence of one large donor when compared to an unemployed citizen whose voice is supposed to count equally in a democratic process? There is little room for disagreement, philosophically, politically, ideologically, or legislatively, about whether our electoral process must be wholly secured as a public utility in the commons, one that cannot be compromised by the corrupting influence of private interests.
See Satisfactory Amendment Language