Elizabeth Warren's Definition of Capitalism

[guvnah]

Elizabeth Warren’s Theory of Capitalism
A conversation with the Democratic senator about why she’s doubling down on market competition at a moment when her party is flirting with socialism.

While so much of the action on the American left in recent months has come in the form of revived enthusiasm for socialism, Senator Elizabeth Warren has positioned herself quite differently. During the past two weeks, she has expounded about the prospects for capitalism in a much-covered speech and in a Wall Street Journal op-ed. Instead of championing the system’s demise, she presents herself as its savior.

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Interesting read, regardless of your personal feelings about the Senator.

 

[Zam-Zam]

Elizabeth Warren’s Theory of Capitalism
A conversation with the Democratic senator about why she’s doubling down on market competition at a moment when her party is flirting with socialism.



Interesting read, regardless of your personal feelings about the Senator.

My two cents:

It's a smart move, politically, for her to position herself right of those leaning towards socialism. I think more than a few Democratic politicos over-estimate the enthusiasm towards socialism among voters on the left, and Senator Warren wants it to be known she is not one of them.

Whether she actually believes the rhetoric she is engaging in is another matter, and one for the voters to sort out.

 

[Sickofleft]

Elizabeth Warren’s Theory of Capitalism
A conversation with the Democratic senator about why she’s doubling down on market competition at a moment when her party is flirting with socialism.



Interesting read, regardless of your personal feelings about the Senator.

I think she is trying to save face, a few weeks ago she proposed a plan that essentially called for Nationalization of everything. She is an idiot looking for a village.

Warren’s proposal is dishonestly called the “Accountable Capitalism Act.” Accountable to whom? you might ask. That’s a reasonable question. The answer is — as it always is — accountable to politicians, who desire to put the assets and productivity of private businesses under political discipline for their own selfish ends. It is remarkable that people who are most keenly attuned to the self-interest of CEOs and shareholders and the ways in which that self-interest influences their decisions apparently believe that members of the House, senators, presidents, regulators, Cabinet secretaries, and agency chiefs somehow are liberated from self-interest when they take office through some kind of miracle of transcendence.


Under Senator Warren’s proposal, no business with more than $1 billion in revenue would be permitted to legally operate without permission from the federal government. The federal government would then dictate to these businesses the composition of their boards, the details of internal corporate governance, compensation practices, personnel policies, and much more. Naturally, their political activities would be restricted, too. Senator Warren’s proposal entails the wholesale expropriation of private enterprise in the United States, and nothing less. It is unconstitutional, unethical, immoral, irresponsible, and — not to put too fine a point on it — utterly bonkers.

https://www.nationalreview.com/2018/08/elizabeth-warren-plan-nationalize-everything-woos-hard-left/

As usual she has been pretty much laughed out of the room.

 

[ObamacareForever]

Elizabeth Warren’s Theory of Capitalism
A conversation with the Democratic senator about why she’s doubling down on market competition at a moment when her party is flirting with socialism.



Interesting read, regardless of your personal feelings about the Senator.

It's really just branding. There aren't any noticeable policy differences between Warren and Bernie. She just wants you to think their are policy differences to differentiate herself when the primaries comes.