Capitalists should listen to Bernie Sanders
There is an irony to the presidential candidacy of Bernie Sanders: The senator from Vermont is often cast as exotic because he calls himself a “democratic socialist.” Yet the most important issue in politics throughout the Western democracies is whether the economic and social world that social democrats built can survive the coming decades.
Let’s deal first with the tyranny of labels. “Socialist” has long been an unacceptable word in the United States, yet our country once had a vibrant socialist movement; its history has been well recounted by John Nichols and James Weinstein. Socialists had a major impact on the mainstream conversation. Reforming liberals, including Franklin D. Roosevelt, co-opted many of their best ideas, and it’s one reason they were marginalized.