Author Topic: Elizabeth Warren and the new communism  (Read 348 times)

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Online mystery-ak

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Elizabeth Warren and the new communism
« on: August 17, 2018, 05:02:05 pm »
Elizabeth Warren and the new communism
By Grady Means, opinion contributor — 08/17/18 01:00 PM EDT

The death rattle of Sen. Elizabeth Warren’s presidential hopes, and possibly the Massachusetts Democrat’s political career, has suddenly emerged in her Accountable Capitalism Act, which would mandate that 40 percent of the directors of large companies be selected by the employees. Corporations with more than $1 billion in annual revenue would have to obtain a federal charter.

OK, let’s call this what it is: The New Communism Act. 

Elected workers’ and peoples' committees? That might have been good politics in Russia in 1917, but today? Doubtful. Communism has been a huge failure in Russia, Cuba, Eastern Europe, Nicaragua, Venezuela, and a good portion of Africa. It has never worked, and is a stillborn political idea, except on some college campuses, CNN and NBC and, maybe for a brief period, in The New York Times.

Sen. Warren and her supporters claim the bill would address “income inequality.” The experience in all of the above countries is that the elite get much richer and the poor get much poorer. The way to raise incomes is to encourage a strong economy, which the senator’s bill would destroy.

 more
http://thehill.com/opinion/finance/402073-elizabeth-warren-and-the-new-communism
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Online Fishrrman

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Re: Elizabeth Warren and the new communism
« Reply #1 on: August 18, 2018, 01:49:32 am »
Title:
"Elizabeth Warren and the new communism"

No.
Nuttin's changed.

Elizabeth Warren...
... and the SAME OLD communism.