Pete Buttigieg: Democracy is more important than capitalism

[applegrove]

Pete Buttigieg: Democracy is more important than capitalism

https://www.axios.com/pete-buttigieg-2020-presidential-election-democrtic-capitalism-ec3e5c87-2c62-4ec3-8266-9b19a239816e.html

By Orian Hummler at Axios

"SNIP......

2020 Democratic candidate Pete Buttigieg identified as a capitalist on NBC's Meet the Press on Sunday, but noted that he believes democracy is "more important" than capitalism.

"It's got to be democratic capitalism. And that part's really important, and it's slipping away from us ... When you have the kind of regulatory capture where powerful corporations are able to arrange the rules for their benefit, that's not real capitalism. If you want to see what happens when you have capitalism without democracy, you can see it very clearly in Russia. It turns into crony capitalism, and that turns into oligarchy."

Why you'll hear about this again: Gen Z, the latest crop of voters, preferred "socialism" to "capitalism" in an Axios poll this year. 61% of Americans aged between 18 and 24 have a positive reaction to the word "socialism" — just beating out "capitalism" at 58%.



......SNIP"

[elleng]

1. The WHOLE quotation is necessary:

'When you have the kind of regulatory capture where powerful corporations are able to arrange the rules for their benefit, that's not real capitalism. If you want to see what happens when you have capitalism without democracy, you can see it very clearly in Russia. It turns into crony capitalism, and that turns into oligarchy."'

[applegrove]

2. Yes. That is in the second paragraph I quoted.

[elleng]

3. Yes. Thanks, I meant to emphasize the PUBLIC needs to be aware of his whole statement.

[applegrove]

4. He says things in such an original and novel way. It sinks in. Can't wait for

more of his policies and ideas.

[elleng]

5. Yes he does, listening to him is always informative (and enjoyable,)

elevates every conversation.

[Progressive2020]

6. Clear, Smart, and Articulate

I was very impressed by him on Meet The Press. He does not come across as pre-packaged with focus group talking points like so many politicians. That is the old style. The new style is being real, not fake.

Mayor Pete is clearly himself and a real person speaking honestly. He means what he says and seems to draw his ideas from clear principles and clear thought.

I think that is what a large number of people want- someone with smarts, character, virtue, and authenticity. Mayor Pete seems like the real deal- genuine.

He has a good resume also. Harvard Grad, Rhodes Scholar, Naval Officer, Mayor. He has definitely moved towards the top of my list. I look forward to seeing and hearing more from him as the campaigns continue.