Friday , March 29 2024
Home / Mike Norman Economics / Briahna Gray — There’s an Easy Answer to Why Alexandria Ocasio-Cortez Won: Socialism

Briahna Gray — There’s an Easy Answer to Why Alexandria Ocasio-Cortez Won: Socialism

Summary:
Ocasio-Cortez’s socialist message is not an incidental part of a larger demographic story. And her socialism shouldn’t be treated as a virus opportunistically riding the vector of her Latina form. Socialism is inextricable from Ocasio-Cortez’s success because it’s the secret behind her ability to do what the Democratic party has long failed to do — articulate a holistic progressive vision for America. Socialism is a framework that supports a belief that a country in which everyone can live with dignity is not the stuff of fantasies, of “ponies” — nor is it the selfish dream of a “privileged” populous who want something for nothing. It’s a socialist conception of the world which emboldens Ocasio-Cortez to aver, on a popular late night show, that “in a modern, moral and wealthy society,

Topics:
Mike Norman considers the following as important: , , , , ,

This could be interesting, too:

Robert Waldmann writes Popularism = Populism = Soak the Rich *and* Spread it Out Thin

Frances Coppola writes When populism fails

James Kwak writes Leverage

James Kwak writes Leverage


Ocasio-Cortez’s socialist message is not an incidental part of a larger demographic story. And her socialism shouldn’t be treated as a virus opportunistically riding the vector of her Latina form. Socialism is inextricable from Ocasio-Cortez’s success because it’s the secret behind her ability to do what the Democratic party has long failed to do — articulate a holistic progressive vision for America.
Socialism is a framework that supports a belief that a country in which everyone can live with dignity is not the stuff of fantasies, of “ponies” — nor is it the selfish dream of a “privileged” populous who want something for nothing. It’s a socialist conception of the world which emboldens Ocasio-Cortez to aver, on a popular late night show, that “in a modern, moral and wealthy society, no person in America should be too poor to live.”
Socialism reveals that capitalism — a system which privileges markets over community — is not a natural truth, but a political choice to which there are alternatives. It shows that Jeff Bezos’s wealth cannot be understood as unrelated to the plight of Amazon’s workers, but is a consequence of their hardships. It reveals one man’s merit to be another woman’s wage theft, and challenges society to value humans outside of our ability to toil. It’s what sets up Ocasio-Cortez to talk about human dignity as non-negotiable. Where Nancy Pelosi quips, “we’re capitalists, and that’s just the way it is,” socialism says that’s not good enough....
Ocasio-Cortez put it best: “At the end of the day, I’m a candidate that doesn’t take corporate money, that champions Medicare for all, a federal jobs guarantee, the abolishment of ICE, and a green New Deal. But I approach those issues with the lenses of the community that I live in. And that is not as easy to say as ‘identity politics.'”
The Intercept
There’s an Easy Answer to Why Alexandria Ocasio-Cortez Won: Socialism
Briahna Gray
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *