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Friday, July 31, 2015

Bernie Sanders Resents The Free Market, But Loves the Capitalism of Politics


Bernie Sanders: Don’t Need 23 Choices of Deodorant, 18 Choices of Sneakers When Kids Are Going Hungry 
The Socialist running for president says he doesn't begrudge Hillary Clinton for the money she makes giving speeches.

From Reason:

Sen. Bernie Sanders (I-VT), who is running for the Democratic nomination for president, represents everything wrong with the populist redistributist left. Channeling his inner Hugo Chavez in an interview with CNBC, Sanders bemoaned the choice of deodorant and sneakers in this country, because children are starving. 
Via CNBC: 
You can't just continue growth for the sake of growth in a world in which we are struggling with climate change and all kinds of environmental problems. All right? You don't necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country. I don't think the media appreciates the kind of stress that ordinary Americans are working on. 
Sanders, of course, is mistaken on the fundamentals. Economic growth is not a goal for the sake of itself—economic growth ignited by the freeing of markets has lifted more people out of poverty in the last century than any other force in history. Choices in the market contribute that improvement of the human condition—not just because 23 choices of deodorant mean more jobs than one choice of deodorant but because in a very real sense more choices mean more wealth. Bernie Sanders and those attracted to his economically illiterate, anti-capitalist rhetoric live in a world where working conditions haven't changed since the 19th century, where the United States is perpetually one tax or spending cut away from collapsing into Mad Max style chaos. 
Sanders peddles in the brand of populism where the wealthy are openly villainized, but he's careful not to say he begrudges Hillary Clinton for pulling in six figures a speech (for her insight, of course, not her political connections). He may be hedging his comments because he sees Clinton as vastly better than any Republican alternative, or he may be hedging his comments because he career hopes are for a similar speaking circuit. Here's the relevant exchange from CNBC: 
HARWOOD: It came out in disclosure forms the other day that Hillary Clinton and Bill Clinton, in the last 16 months, have made $30 million. What does that kind of money do to a politician's perspective on the struggles you were just talking about? Does it make it difficult for recipients of that kind of income to take on the system? 
SANDERS: Well, theoretically, you could be a multibillionaire and, in fact, be very concerned about the issues of working people. Theoretically, that's true. 
I think sometimes what can happen is that—it's not just the Clintons—when you hustle money like that, you don't sit in restaurants like this. You sit in restaurants where you're spending—I don't know what they spend—hundreds of dollars for dinner and so forth. That's the world that you're accustomed to, and that's the world view that you adopt. 

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