Democratic Primaries
Related: About this forumNo, No, No. Elizabeth Warren Is Not a Socialist
Wall Street might find it useful to tag her as such, but she advocates free markets and would be better for business and the economy than President Trump.https://www.bloomberg.com/opinion/articles/2019-09-30/dear-wall-street-elizabeth-warren-isn-t-a-socialist
Wall Street often lumps Warren together with Senator Bernie Sanders as a socialist. She is nothing of the sort. As she consistently says, I believe in markets. She just wants them to work better. Her stance towards Wall Street reminds me of Franklin Roosevelts, who came into office in 1933, with banks failing and the country struggling through the Depression. By the time he died in 1945, bank customers had federal deposit insurance, commercial banks and investment banks had been separated, and the Securities and Exchange Commission had been created to regulate the markets. These three measures did a great deal to restore Americans faith in the nations financial system. But of course Wall Street hated Roosevelt too.
(Warrens reaction to her Wall Street critics also echoes Roosevelts. In a speech he made in 1936, referring to his critics in the financial industry, Roosevelt said, They are unanimous in their hate for me and I welcome their hatred. After Cramer made his Shes gotta be stopped comment, Warren treated it like a campaign ad, posting the video on Twitter and writing, Im Elizabeth Warren and I approve this message.)
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Its true that many of the proposals Warren has put forward, if passed into law, would restrict what bankers can do to generate profits. They would also make them a little less rich. But those same proposals could well restore Americans faith in the financial industry faith that has been largely absent since the financial crisis. And a 3% billionaires tax would allow people to see that someone in government is finally doing something to mitigate income inequality.
Jamie Dimon, the chief executive of JP Morgan Chase & Co., once said of Warren, I dont know that she fully understands the global banking system. He got it exactly backwards. The reason Wall Street fears her is that she understands it all too well.
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This is definitely worth a read. Elizabeth is the Real Deal.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)fwiw
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)are fake?
primary today, I would vote for: Joe Biden
sheshe2
(83,789 posts)primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)Just look at China.
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)Labels are meaningless.
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)The government bigwigs and party leaders are getting rich while the peasants remain impoverished.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)But again, what somebody calls themselves often has absolutely nothing to do with what they are.
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)First touting Sweden, Denmark and Norway -- now touting China?
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)Because using an analogy to make a point is not that.
Also, I am not a Bernie supporter.
primary today, I would vote for: Undecided
Tiggeroshii
(11,088 posts)It is one of the purest, unregulated forms of capitalism you will find in the world.
https://www.businessinsider.com/how-china-went-from-communist-to-capitalist-2015-10
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)The government owns a stake from 33% to 70% in all major private companies.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)As far fetched as it is.
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)the government doesn't own any part of private entities. PERIOD.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)
Also if they are owned by the government, they are not quite private entities. Meanwhile China has courted over the last several decades the largest multibilion dollar conglomerates in the world, while their economic model is largely representative of that of the US during the industrial revolution.
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)Nice try though
All US and foreign companies operating in China have the Chinese government as a partner in equity.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)It is a government owned corporationt that can compete in the private market.
Your example is not unsimilar to the lobbying/ subsidy system we have here for companies like exxon mobile.
primary today, I would vote for: Undecided
BlueMississippi
(776 posts)wants to run passenger trains in the US on the scale of Amtrak. The government essentially helped create it and it loses billions - never turned a profit.
Not a good example either.
primary today, I would vote for: Joe Biden
Hortensis
(58,785 posts)many times. That's been documented many times over BY HIM and many others for decades. He used to be up front with a long list of industries and other functions he believes government needed to seize for communal ownership.
That's never gone over at all. In fact, he's never been able to sell socialism under any label. Including the form of socialism called democratic socialism, which is intended to be less extreme and authoritarian than "plain old" socialism and much less than the communist form of socialism. In this era, Sanders is running on big capitalism-based government-run programs instead.
Warren is not a socialist and has said so.
"I am a socialist and everyone knows that." "I am not now, nor have I ever been, a Liberal Democrat." Bernie Sanders
"I am not a socialist." "I am a capitalist. Come on. I believe in markets. What I dont believe in is theft, what I dont believe in is cheating." Elizabeth Warren
When people tell us -- and show us -- who they are, we really should believe them.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)He can call himself whatever he wants, but it doesn't make it true. They are both Democratic Socialists in their policies. Whether that's the label they choose, honestly: Who really cares?
primary today, I would vote for: Undecided
Hortensis
(58,785 posts)Supporting lies in order to "win" something is the wrong lesson to take from the Republicans. Look what this kind of "winning" has gotten their voters: Disaster after disaster after disaster.
Reality is not whatever each of us wants it to be. If a position can't be supported truthfully it should be discarded -- like a rotten egg.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)i mean.
primary today, I would vote for: Undecided
Eric J in MN
(35,619 posts)We should move away from the idea that people should be competing to make the most money by exploiting each other, with the government cleaning up after the result, and towards an idea of people working in cooperation to build a better society.
primary today, I would vote for: Undecided
pnwmom
(108,980 posts)in the Nordic countries. It isn't, and they aren't Democratic socialists. They're Social Democrats -- a different thing. Those countries are examples of well-regulated capitalism, with a strong safety net.
What democracy do you know of that actually is run by the principles of Democratic socialism?
From the website of the Democratic Socialists of America:
https://www.dsausa.org/about-us/what-is-democratic-socialism/#govt
Democratic socialists do not want to create an all-powerful government bureaucracy. But we do not want big corporate bureaucracies to control our society either. Rather, we believe that social and economic decisions should be made by those whom they most affect.
Today, corporate executives who answer only to themselves and a few wealthy stockholders make basic economic decisions affecting millions of people. Resources are used to make money for capitalists rather than to meet human needs. We believe that the workers and consumers who are affected by economic institutions should own and control them.
Social ownership could take many forms, such as worker-owned cooperatives or publicly owned enterprises managed by workers and consumer representatives. Democratic socialists favor as much decentralization as possible. While the large concentrations of capital in industries such as energy and steel may necessitate some form of state ownership, many consumer-goods industries might be best run as cooperatives.
primary today, I would vote for: Joe Biden
BlueMTexpat
(15,369 posts)visiting Stockholm this past summer is that most Swedish politicians are NOT lawyers and businessmen, but rather come from the medical and teaching professions.
To me, that's a huge plus right there! And yes, they are Social Democrats. Plus no one sees any harm in people making money.
I also visited Finland, Denmark and Norway, as well as Sweden. We could learn a LOT from them all.
primary today, I would vote for: Joe Biden
Tiggeroshii
(11,088 posts)But that doesn't really change anything...
primary today, I would vote for: Undecided
pnwmom
(108,980 posts)has been in politics.
If he doesn't advocate their positions, then he should have picked another brand.
https://www.dsausa.org/about-us/history/
A History of Democratic Socialists of America 1971-2017
Bringing Socialism from the Margins to the Mainstream
primary today, I would vote for: Joe Biden
Bernardo de La Paz
(49,004 posts)It is one of the great misunderstandings (often on purpose) to equate socialism with communism. They are very different!
primary today, I would vote for: Joe Biden
BlueMTexpat
(15,369 posts)used to smear anyone who dares to stand against the billionaires.
primary today, I would vote for: Joe Biden
pnwmom
(108,980 posts)They have well regulated capitalist systems with strong safety nets.
Do you know what socialism is? The Social Democrats of the Nordic Countries are capitalists, not socialists.
primary today, I would vote for: Joe Biden
Bernardo de La Paz
(49,004 posts)Socialism is where you take from those who can afford it and care for those who can't afford it.
Capitalist socialist countries are efficient because they have capitalism to power the economy and compete globally but have socialized medical care and other services to keep the population healthy, housed, educated, and reasonably comfortable.
Capitalists can be socialists and vice versa. Eschew binary thinking.
People who say government should be run like a business forget that successful long-running businesses invest in their employees. So too must the state with education and the above services. That's why socialist capitalism is so efficient.
primary today, I would vote for: Joe Biden
pnwmom
(108,980 posts)of taxing wealthier people to pay for social programs, which most western democracies do.
from Dictionary.com
a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
primary today, I would vote for: Joe Biden
TomSlick
(11,098 posts)I have long since given up on trying here to define socialism. I don't care how often he calls himself a Democratic Socialist, Bernie is no socialist. He supports a very expansive social welfare system but I have never heard him advocate for the nationalization of US industry.
For what it's worth, any attempt to nationalize broad swaths of US industry is fiscally impossible under the takings clause of the Fifth Amendment.
primary today, I would vote for: Joe Biden
Humanist_Activist
(7,670 posts)just because government owns or controls an industry doesn't mean said industry is in the workers' control, after all.
Besides, if we were to use that, then NHS is outright socialist, as are large sections of the economies of Norway, Sweden, Finland and Denmark, and a whole host of other countries as well.
primary today, I would vote for: Undecided
TomSlick
(11,098 posts)neither PNWMOM nor I said anything about putting industry under the control of the workers. What we were discussing is the text book definition of socialism as the government control of the means of production.
Most economies are really mixed - a combination of socialism and capitalism. The Tennessee Valley Authority and Amtrak are examples of socialist elements in the US economy. However, the US economy is overwhelming capitalistic. At its height, the USSR was overwhelming socialistic in that most - but not all - of the means of production were controlled by the government.
In a socialist economy, the workers do not control the means of production - the state does. The USSR did not live-up to Marx's dream of a proletarian utopia because the proletariat did not control the state. The USSR was controlled by the apparatchiki who lived quite well while the workers waited on line in under-stocked stores. Now, if you want worker's control of industry, what you're talking about is a worker's cooperative. A worker's cooperative is a form of private ownership in which the workers own the business - really only a unique form of capitalism.
The term socialist is thrown around too lightly by people across the political spectrum who don't know what the term means. Republicans think that anyone that believes the economy should not operate for the exclusive benefit of the very wealthy is a socialist. Senator Sanders calls himself a socialist for reasons of his own but he is really a social welfare democrat. Senator Warren is a capitalist who wants to reform the system. The European countries you reference are social welfare states with more socialist elements than the US but nevertheless capitalist economies.
primary today, I would vote for: Joe Biden
Humanist_Activist
(7,670 posts)Especially if you actually read anything by actual socialists, you know, Marx, Engles, Bakunin, Luxemberg, Debs, etc.
Hell, in Communism the State isn't supposed to exist. Did you even know that?
You need to get your head out of the Cold War mindset.
primary today, I would vote for: Undecided
TomSlick
(11,098 posts)I am aware that Engles predicted the state would "wither away" once the proletariat ideal was reached. I never thought even Engles really believed that - it was a sales spin. A core weakness of Marx and Engles was that they underestimated the power of nationalism.
If Republicans accuse Democrats of being socialists, maybe they should just accept it with pride. Mind you, given the most American mistakenly think the socialism and communism are synonyms, it will doom Democrats to defeat.
I will allow that my political science degree was obtained during the Cold War but I don't know that the basic definitions have changed. However, you have proven again that I ought not raise this issue on DU.
primary today, I would vote for: Joe Biden
Humanist_Activist
(7,670 posts)Where did you get that Polisci degree? Prager U?
Socialism is, at it's most basic when workers control and own the means of production. What you refer to as Socialism is actually just state industries or corporations. Examples would include public utilities for the locally owned version, or community owned banks, which are popular in some rural communities. They are, ostensibly, democratically controlled, however the workers in those industries have no direct say in how the industry or business is run, there is a reason that public sector unions exist.
primary today, I would vote for: Undecided
TomSlick
(11,098 posts)Please forgive a graduate of a small state college for presuming to discuss such weighty matters with a person with an obviously superior education. I will endeavor to remember my place in the future.
primary today, I would vote for: Joe Biden
Response to BlueMTexpat (Original post)
Chemisse This message was self-deleted by its author.
MrsCoffee
(5,803 posts)There is nothing wrong with the polls. There is everything wrong with our election security.
primary today, I would vote for: Joe Biden
BlueMTexpat
(15,369 posts)primary today, I would vote for: Joe Biden
Chemisse
(30,813 posts)I posted under Chemisse, thinking I was logged in under my account, Bobgandolf.
primary today, I would vote for: Joe Biden
DrFunkenstein
(8,745 posts)You should check out her anti-corruption speech to 20,000 in NYC to see if she is a dynamic speaker!
primary today, I would vote for: Undecided
BlueMTexpat
(15,369 posts)Protection Bureau - literally from scratch and BEFORE she was a Senator - is an accomplishment no other candidate can match.
primary today, I would vote for: Joe Biden
Chemisse
(30,813 posts)I am very familiar with Warren. My intention was not to disparage any Democrat. I was just pointing out my thoughts on the general election. I wholeheartedly agree with you, she has by far been the most detailed positions on a wide range of topics.
primary today, I would vote for: Joe Biden
BlueMTexpat
(15,369 posts)our candidate will ultimately be - is the ONLY reason ANY Dem will lose to Trump.
Please work your heart out for the primary candidate of your choice! And then work even harder for the Dem nominee!
THAT is how we can win. And "Yes, we can!"
Because if we don't, it is literally "Good-bye USA!"
And who the heck has better "new" ideas than Elizabeth Warren anyway? Every election, I see those who are always searching for the Unicorn Candidate, who will magically burst upon the scene and overwhelm everyone.
In my nearly 76 years of life, it has NEVER happened.
primary today, I would vote for: Joe Biden
BeyondGeography
(39,374 posts)Plus she only got into electoral politics seven years ago and a lot of people are just getting to know her. So she pretty much checks all your boxes but you obviously know what you know.
primary today, I would vote for: Undecided
The party doesn't want a new face. Our candidates are insiders. New faces, Obama and Bill Clinton, win. Insiders- Clinton and Kerry lose. Hope that trend changes
primary today, I would vote for: Joe Biden
NurseJackie
(42,862 posts)primary today, I would vote for: Joe Biden
BlueMTexpat
(15,369 posts)for one, at least!
primary today, I would vote for: Joe Biden
Humanist_Activist
(7,670 posts)is actually what makes me tack her as slightly further left than Bernie Sanders on economic issues.
Granted, I think the proportion is too low, but that just my opinion
primary today, I would vote for: Undecided
evertonfc
(1,713 posts)unfortunately both her and Bernie have been defined as such. It's what worries me about their ability to win in a General.
primary today, I would vote for: Joe Biden
Gothmog
(145,312 posts)Link to tweet
Its Politics 101: When there are more conservative (and moderate) voters than liberal ones, its very difficult to put together a winning coalition with just a progressive base. The only way to do it is by betting that Trump is so toxic that a critical majority of voters will automatically reject him. That strategy didnt work well for Hillary Clinton in the last election.
Warren also carries other specific vulnerabilities into a matchup against Trump. She currently relies on a faction of white liberal support, struggling to win over African-American voters to her side. If Democrats believe the key to winning is by rallying their diverse base, its hard to see Warren accomplishing that goal. Her nomination threatens to be a double-whammy: turning off swing suburban voters without any gains in nonwhite voter turnout.
But make no mistake: Theyre playing with fire. Trump is highly vulnerable, but he has the ability to win a second term if the Democratic nominee appears as extreme as he is. Warren has a realistic chance of becoming the next president, but she also could jeopardize it all for the Democratic Party.
primary today, I would vote for: Joe Biden
blm
(113,065 posts)primary today, I would vote for: Joe Biden
BlueMTexpat
(15,369 posts)Warren is NOT extreme. And those who say that she is are doing us all a disservice.
She is merely speaking the truth.
primary today, I would vote for: Joe Biden
itsrobert
(14,157 posts)Bernie is the closest.
primary today, I would vote for: Joe Biden
guillaumeb
(42,641 posts)Warren would be an excellent President.
primary today, I would vote for: Joe Biden
Joe941
(2,848 posts)primary today, I would vote for: Undecided
BlueMTexpat
(15,369 posts)article?
primary today, I would vote for: Joe Biden