“We’re not going to throw out capitalism,” declared Michael Bloomberg, the billionaire former New York City mayor now seeking the Democratic Party’s nomination for president.
“Other countries tried that. It was called communism and it just didn’t work.”
Bloomberg was responding to a question by MSNBC’s Hallie Jackson at Wednesday night’s Las Vegas debate regarding his thoughts on Sen. Bernie Sanders’ proposal to “require all large companies to turn over up to 20 percent of their ownership to employees over time.”
“Let’s talk about democratic socialism, Mr. Bloomberg,” countered Sanders. “Not communism — that’s a cheap shot!”
But is it?
The Vermont Senator has a long history of offering effusive praise for repressive socialist and communist regimes, including the Soviet Union, Cuba, and Nicaragua. After lauding the late Fidel Castro for providing healthcare and education and “totally transform[ing] the society” — while ignoring Castro’s complete disregard for human rights — Bernie judiciously added, “Not to say that Fidel Castro or Cuba are perfect, they are certainly not.”
Sanders has also called for “public ownership of the major means of production.” Unlike Karl Marx, I guess Bernie doesn’t sweat the small stuff.
“What a wonderful country we have. The best-known socialist in the country,” offered Bloomberg, referring to Sanders, “happens to be a millionaire with three houses!
“What did I miss?”
Asserting a need for a second residence, the Vermont senator replied, “Well, you missed that I work in Washington.”
“That’s the first problem,” Bloomberg interjected.
The first of many.
This is Common Sense. I’m Paul Jacob.