Richard Florida Tweets How Bernie Sanders Could Save Capitalism

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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 says:

    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

    • Avatar greginak says:

      True. Those people are ideologues who only care about upholding The One True Capitalism. Not capitalism in reality that has a pretty frickin wide definition and multiple forms.Report

      • Avatar Saul Degraw says:

        @greginak

        True. I find it interesting and weird about how Libertarian and GOP type are freaking out about the “socialism” of Sanders. You see right-wingers tweet about Gulags even though Sanders is a New Deal liberal basically.Report

        • Avatar greginak says:

          To be fairish, lots of conservatives and libertarians know Sanders kind of socialism isn’t related to gulags or Soviet horrors. They know it is old school US left wing/ FDR and western euro style third way. But there is no advantage to admitting that when you can scare people by shouting about gulags.Report

          • Avatar LeeEsq says:

            Nah. Many rightists always perceived anything less than full-throtled no holds bar free market capitalism as communism in all but name. The New Deal was seen as a stepping stone to Stalinism and the Democratic Party as a front from the Communist Party.Report

    • Avatar Jaybird says:

      Does illegal immigration hurt the American working class?Report

    • Avatar James K says:

      @saul-degraw

      There’s a difference between hurting certain industries the working class traditionally relies on and hurting the working class.Report

  2. Avatar Brandon Berg says:

    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

    • Avatar James K says:

      @brandon-berg

      Indeed, Scandinavian Neoliberalism would be a left-wing movement I could support, especially given what the Republicans are serving up. But that’s not what Sanders is offering.Report

      • Avatar Brandon Berg says:

        @james-k Eh…they still spend more than is optimal, which is likely a big part of the reason why they underperform the US economically, despite all they have going for them otherwise. How about Swiss neoliberalism?Report

        • Avatar James K says:

          @brandon-berg

          All I meant was that, as a left-wing movement, Scandinavian neoliberalism is a distinctly better form of left wing ideas than most of what we see. I’m thrilled whenever I encounter a governmental philosophy that shows some glimmers of competence.Report

    • Avatar Jesse Ewiak says:

      Give me a 70% unionization rate and I’ll happily get rid of a lot of regulations on labor.Report