In America Alexandria Ocasio-Cortez, a newly elected congresswoman who calls herself a democratic socialist, has become a sensation even as the growing field of Democratic presidential candidates for 2020 veers left.
Whereas politicians on the right have all too often given up the battle of ideas and retreated towards chauvinism and nostalgia, the left has focused on inequality, the environment, and how to vest power in citizens rather than elites.
Although the reborn left gets some things right, its pessimism about the modern world goes too far.
Radicals on the left say they want to preserve the advantages of the market economy.
The new new left also gets important bits of its diagnosis wrong, and most of its prescriptions, too.
Some on the left peddle the myth that vast expansions of government services can be paid for primarily by higher taxes on the rich.
The millennial left want more workers on boards and, in Labour's case, to seize shares in companies and hand them to workers.
https://www.economist.com/leaders/2019/02/14/millennial-socialism
Whereas politicians on the right have all too often given up the battle of ideas and retreated towards chauvinism and nostalgia, the left has focused on inequality, the environment, and how to vest power in citizens rather than elites.
Although the reborn left gets some things right, its pessimism about the modern world goes too far.
Radicals on the left say they want to preserve the advantages of the market economy.
The new new left also gets important bits of its diagnosis wrong, and most of its prescriptions, too.
Some on the left peddle the myth that vast expansions of government services can be paid for primarily by higher taxes on the rich.
The millennial left want more workers on boards and, in Labour's case, to seize shares in companies and hand them to workers.
https://www.economist.com/leaders/2019/02/14/millennial-socialism
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