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Undecided 44%
Elizabeth Warren22%
Joe Biden14%
Bernie Sanders8%
Pete Buttigieg6%

Tue Apr 16, 2019, 08:28 AM

 

Pete Buttigieg: 'Capitalism has let a lot of people down'

CNN

Washington (CNN)2020 Democratic hopeful Pete Buttigieg affirmed his belief in capitalism on Tuesday but suggested that the US economic system has let a lot of Americans down and called for greater "fairness."

The comments come amid a heated debate among Democrats and progressives over whether the party should more openly embrace socialist policies in the age of Donald Trump.

"I think the reason we're having this argument over socialism and capitalism is that capitalism has let a lot of people down," the South Bend, Indiana, mayor said in an interview with CNN's Poppy Harlow and John Avlon on "New Day."

Buttigieg reiterated that he believes in "democratic capitalism." He expressed alarm over previous comments Stephen Moore, the President's nominee for the Federal Reserve Board of Governors, made that recently surfaced in which Moore said he believed capitalism was more important than democracy.


Better framing than Sanders.
If I were to vote in a presidential
primary today, I would vote for:
Pete Buttigieg

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Reply Pete Buttigieg: 'Capitalism has let a lot of people down' (Original post)
brooklynite Apr 2019 OP
Skidmore Apr 2019 #1
PeeJ52 Apr 2019 #2
riverine Apr 2019 #3
PeeJ52 Apr 2019 #4

Response to brooklynite (Original post)

Tue Apr 16, 2019, 08:43 AM

1. Buttegieg conveys that an

 

optimism should accompany change. He hold a dialogue with us that is not a finger jabbing, red faced lecture filled with shoulds and oughts. I like that he doesn't navel gaze and is mindful of the world beyond our borders. I can see him representing us on the world stage with astuteness, grace, and ease. He's the only candidate I've seen so far that could equal Biden in this area of expertise. They set the standard in my mind.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to brooklynite (Original post)

Tue Apr 16, 2019, 08:58 AM

2. Capitalism was not intended to be the monopoly(ism) or collusion(ism) it is today...

 

It was meant to be competitive markets and not captive markets. We do not have capitalism. We have corporatism and socialism for the rich. Most of the time we only have one choice. Although most utilities share publicly financed backbones, most people still only get the choice of only one provider. Those that do get the choice of more than one provider find that the prices are fixed between the companies and it doesn't matter which they choose. There are so few competitors left that they have decided there is no need to compete for business any more and they will just share the wealth and all raise prices together to whatever the market will bear before people will complain to the government for intervention or the media investigates and exposes their corruption. Soon the media will stop investigating as it seem more and more media outlets are being purchased and controlled by these corporate entities. The government also will be of no help to the people as corporate money, through lobbying is silencing the pleas of the people for fairness. This could be the last election we have for a chance to reverse this trend.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

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Response to PeeJ52 (Reply #2)

Tue Apr 16, 2019, 09:21 AM

3. There has never been more competition than there is today.

 

Goods producers can ship anywhere without deploying their own distribution channels. The internet has allowed small companies to flourish and advertise nearly for free. Specialty goods producers can find their audience better than ever. Specialty drink producers like energy drinks and coffees have cut into the duopoly of Coke and Pepsi. There are thousands of banks and insurance companies to choose from.

Capitalism is doing very well since it is yoked by democracy.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to riverine (Reply #3)

Tue Apr 16, 2019, 09:41 AM

4. Yeah... It's great to have my choice of $.50 and $1.00 items. Dollar Stores are doing great!!!

 

Thousands of banks and insurance companies... uh huh.. yeah.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

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