Tag: Democratic Socialism

Steven Malanga joins Brian Anderson to discuss the growing prevalence of socialist-aligned candidates running for municipal offices, the Democratic Socialists of America’s plans for New York City in 2021, and the results of several big state referendums in this year’s election.

Find the transcript of this conversation and more at City Journal.

What do young liberals think of the Democratic presidential candidates? How did a Cincinnati restaurant employee end up as a D.C. reporter? Does anyone trust Pete Buttigieg (who’s over 30, by the way)? Jack invites Timmy Broderick, his friend of many years and now a reporter at the Christian Science Monitor, to discuss what Timmy’s young liberal friends think of the Democratic field (aside from not trusting Buttigieg), and what drove them to leave their mutual hometown of Cincinnati, Ohio and come to Washington in the first place.

Member Post

 

Almost ten years ago to the day, I read an article in the Harvard Divinity Bulletin by a Professor Sally McFague, entitled ‘Cities, Climate Change and Christianity’. You heard that right. The professor blamed both the wealthy and traditional Christianity for the planet’s woes. It seems nothing’s changed. @drbastiat daughter has an assignment to write a […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Recommended by Ricochet Members Created with Sketch. Member Post

 

A few suggestions on preparing for the Kamala Harris/Alexandria Ocasio-Cortez Era of “Social Democracy.”  – In the future, you will have less money, so buy stuff now. As the quasi-socialist and extreme environment agendas are implemented, taxes and energy costs are necessarily going to skyrocket as they have in European Social Democracies. As a result, […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Milton Ezrati joins City Journal editor Brian Anderson to discuss the Trump administration’s trade negotiations with China and the “Green New Deal” proposed by newly elected Democrats in Congress, like Rep. Alexandria Ocasio-Cortez (D-NY).

Proponents of a Green New Deal claim that the plan will prevent damage from climate change. The scale of the proposal is massive: its goals include expanding renewable-energy sources until they provide 100 percent of the nation’s power and eliminating greenhouse-gas emissions for industry and agriculture. To pay for it, Ocasio-Cortez recently suggested a 70 percent income-tax rate on top earners, which Nobel Prize-winning economist and New York Times columnist Paul Krugman described as “reasonable.”

Member Post

 

I have been reading F. A Hayek’s The Road to Serfdom, and as I have read it, I have thoroughly enjoyed his complete and utter destruction of the idea of central planning. I currently have just finished Chapter V, in which he debunks the notion that “democratic socialism” can exist. To paraphrase Hayek’s points, because […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Edward L. Glaeser addresses the challenges of convincing skeptical millennials and younger Americans about the merits of capitalism in the Manhattan Institute’s 2018 James Q. Wilson lecture.

Young people in the United States are moving steadily to the left. A recent Harvard University poll found that 51 percent of Americans between ages 18 and 29 don’t support capitalism. The trend is visible on the ground, too. Phenomena driven largely by millennials—such as Occupy Wall Street, the Bernie Sanders presidential campaign, and, more recently, the wave of Democratic Socialist candidates for state and federal office—are all signs of an intellectual shift among the young.

Contributor Post Created with Sketch. The US Upper Middle Class Hasn’t Vanished: Another Economics Chart for Alexandria Ocasio-Cortez

 

On a recent podcast, New York congressional candidate and democratic socialist Alexandria Ocasio-Cortez complained about the outdated, stuck-in-the-1990s campaign strategy of national Democratic Party leaders: “They were campaigning most when we had more of an American middle class. This upper middle class is probably more moderate but that upper middle class does not exist anymore in America.”

My best guess is that Ocasio-Cortez’s comments suggest a belief in a hyperpolarized, “1 percent vs. 99 percent” modern America. There’s only the rich getting richer and then everybody else. But that doesn’t appear to be an accurate description about what has been happening with incomes. (For more on Ocasio-Cortez’s thinking, check out “The uninformed economic views of Alexandria Ocasio-Cortez, in 2 charts.”) As this 2016 story in The Wall Street Journal explained,

A range of data after the recession and the housing bust supported the idea that only a tiny elite of U.S. society, generally seen as the top 1%, had rebounded and was doing well. But a growing body of evidence suggests the economic expansion since the 2007-09 financial crisis has enriched a much larger swath of the upper middle class, and that a deeper income divide is developing between that top quarter or so of the population and everyone else. The latest piece of evidence comes from economist Stephen Rose of the Urban Institute, who finds in new research that the upper middle class in the U.S. is larger and richer than it’s ever been. He finds the upper middle class has expanded from about 12% of the population in 1979 to a new record of nearly 30% as of 2014.

Member Post

 

Here’s something else to sip on, along with your local craft beer over the grill tomorrow. On Election Day 2016, there were approximately 8,500 that identified themselves as Democratic Socialists via membership to the DSA. Last year, that number was clocked at 24,000, a three-fold increase in 18 months. Their membership and target groups range […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Member Post

 

An unreconstructed Marxist has won a congressional seat (the election is just a formality) from New York City She’s basically Hugo Chavez in heels. And Alexandria Ocasio-Cortez is just getting started. She will primary Chuck Schumer in 2022, and if she wins then, she already has her eye on the presidency. The Democrat-Media Complex is ebullient. […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Member Post

 

During the 2016 election, my conservative county and specifically, my neighborhood, sported a few Hillary signs, but more noticeably were the Bernie Sanders signs. One neighbor is a young couple with little children, self-employed, successful and Bernie was gracing their driveway. That gave me pause. At one point, he was almost neck and neck with […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Recommended by Ricochet Members Created with Sketch. Democrats Go Hard Left, Media Yawn

 

The least covered Big Story in the media right now is the severe leftward lurch of the Democrat Party. Four avowed Socialists won primary elections in Pennsylvania on Tuesday. Democrats on the city council of Seattle, led by an avowed socialist who once proposed confiscating the Boeing aircraft factory, just forced through a punitive anti-business tax. Progressive Democrats from Andrew Cuomo to Dianne Feinstein are being challenged from their left by candidates in the socialist Bernie Sanders mode. Sanders himself, absent some chicanery from the DNC, would very likely have been the party’s nominee for president in 2016.

For most of my adult life, the media have been replete with stories and editorials forever fretting that “the Republican Party has been taken over by the hard-right.” Forever, the Republicans were counseled to “take back your party from the radical right, move to the center.” Republicans have been ever lectured to abandon “divisive social issues,” in the same way that Democrats are never, ever counseled to moderate their positions on taxes, spending, and regulation. The media complex is desirous that Republicans stop running on the policies that have made them the dominant party of the southern and interior United States, and instead adopt the policies of New England Republicans. (Just how many Republicans does New England send to Congress anyway?)

Member Post

 

Social Democrats routinely cite Denmark as “the happiest place in the world” because it’s quasi-socialist combination of high taxes and high social spending. Denmark has a population of 5.7 million people, and a GDP of $285.5 Billion. Compared to that, California has a population of 39 Million and a GDP of $2,470 Billion (approximately, all […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.