Alexandria Ocasio-Cortez (AOC) explains Capitalism – not parody or satire

AOC capitalism

Remember AOC (32 years old) is a member of Congress from a totally safe Democrat Party seat. If she wants to (and doesn't aspire to the senate or presidency) she'll be able to put forth this stuff for the next 50 years. 

Also remember Winston Churchill's line: "If you aren't a socialist when you're 20, I'd wonder what's wrong with your heart. If you are a socialist when you're 50, I'd wonder what's wrong with your head."

In his annual letter to CEOs this year, BlackRock CEO Larry Fink urged other chief executives to harness the "power of capitalism" to influence society and serve as a catalyst for positive change. Progressive Congresswoman Alexandria Ocasio-Cortez, a democratic socialist, has a very different view on the nature of capitalism

"When we toss out these big words, capitalism, socialism, they get … sensationalized, and people translate them into meaning things that perhaps they don't mean," she told Yahoo Finance's editor-in-chief, Andy Serwer. "So to me, capitalism, at its core, what we're talking about when we talk about that is the absolute pursuit of profit at all human, environmental, and social cost."

Ocasio-Cortez, widely known as AOC, has attacked this notion of capitalism frequently since she beat longtime incumbent Joseph Crowley, the No. 4 House Democrat, in 2018 to represent a New York district covering parts of the Bronx and Queens. She is one of four democratic socialists in Congress, along with Cori Bush of Missouri, fellow New Yorker Jamaal Bowman, and Rashida Tlaib of Michigan.

The Democratic Socialists of America defines this system as "one where ordinary people have a real voice in our workplaces, neighborhoods, and society." For her part, Ocasio-Cortez envisions a "more just economy" as one where workers have more power — as they do in unionized workplaces or in worker cooperatives that workers collectively own and operate.

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"Now these are alternative ways of doing business," Ocasio-Cortez told Yahoo Finance. "Free markets are not the same thing as capitalism."

There you go. AOC. Boston University, class of 2011. BA in international relations and economics.

 


Comments

2 responses to “Alexandria Ocasio-Cortez (AOC) explains Capitalism – not parody or satire”

  1. I really do have to ask—as many have already—would ANYONE be listening to this person—who makes over $170K annually–if she were–a man or woman over 50…..

  2. tom faranda Avatar
    tom faranda

    Probably. People listen to Al Sharpton, right?

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