Richard Florida Tweets How Bernie Sanders Could Save Capitalism


Will Truman

Will Truman is the Editor-in-Chief of Ordinary Times. He is also on Twitter.

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15 Responses

  1. Avatar Saul Degraw

    Possibly but a lot of people don’t see it that way it. People still debate whether FDR save Capitalism from itself during the Great Depression.

    People are still denying it until they are blue in the face that globalization and free trade agreements hurt the American working class.Report

  2. Avatar Brandon Berg

    Scandinavia’s success (although note that this is somewhat overstated) is despite, not because of, its expensive welfare-state programs. And why is it able to perform reasonably well despite diverting so many resources into these programs? Because of relatively light regulation and light taxation of capital.

    Sanders is, of course, proposing to implement the programs that hold Scandinavia back, while dramatically increasing taxation of capital. All pudding, no meat.Report

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