The Economics of Bernie Sanders

[Draggingtree]

:

The Economics of Bernie Sanders

 

SEPTEMBER 1, 2015 William L. Anderson

 

As the political campaign of Hillary Clinton continues to run aground, Democrats are flocking to the campaign of Bernie Sanders, the self-described “socialist” US senator from Vermont, who has been a fixture in that state for more than three decades. Not unlike the presidential campaign of Ron Paul, Sanders is drawing large, enthusiastic crowds who are very receptive to his message of increased state control of the US economy.

 

Obviously, when a person running a campaign based upon socialist principles is drawing attention and big crowds, we might ask just what does Sanders mean by “socialist,” and what would he do if he were elected president of the United States? To better answer that question, I am taking a closer look at what we would call the “economics” of Bernie Sanders.

What Do We Mean by “Socialism”?

Before looking at Sanders’s platform, however, I believe it is important to note that when socialists speak of “victories” in the economy, they are not talking about actual results, but rather political achievements in the forms of laws being passed that mandate certain policies. Whether or not these policies actually achieve what socialists claim will be accomplished is another story altogether, but results are irrelevant to socialists.

[Valin]

 

[Valin]

@Draggingtree

 

 

This should surprise no one because, after all, socialism is based upon political control of the economy.

 

 

 

One of the (if not The) silliest ideas of the last...(?)200...300...6000 years. Controlling a nations economy makes herding cats seem simple.

 

For the record Sweden is moving away from socialism, and toward a more free market model.