Capitalism (AKA Self-Ownership)

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Bernie Sanders, who has called for “economic rights” guarantees to be treated as Constitutional rights, admits being a socialist.

 

Representative Alexandria Ocasio-Cortez, who may want even more people to live at everyone else’s expense, is on the same bandwagon: “Capitalism is an ideology of capital–the most important thing is the concentration of capital and to seek and maximize profit.” Consequently, “capitalism is irredeemable.”

 

However, other candidates, proposing or supporting very similar changes, have claimed they are (modified) capitalists.

Elizabeth Warren has said “I am a capitalist to my bones…I believe in markets. What I don’t believe in is theft.” Along the same lines, she has said, “I love what markets can do. I love what functioning economies can do. They are what make us rich; they are what create opportunity. But only fair markets, markets with rules. Markets without rules is about the rich take it all…And that’s what’s gone wrong in America.”

Kamala Harris offered a similar complaint that “the rules aren’t applying equally to all people.”

Joe Biden asked, “What happened to a moral responsibility, to a moral capitalism?”

Beto O’Rourkefollowed up his claim to be a capitalist with “Having said that, it is clearly an imperfect, unfair, unjust and racist capitalist economy.”

Socialism illustrated mike lester

Read more over at The Mises Institute

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