August 22, 2019

Pete Buttigieg's Democratic Capitalism

“The Democratic Party’s latest flavor of the week, Pete Buttigieg, shocked Meet the Press viewers this weekend when he openly called himself a “capitalist” during his interview. Like so many others, Buttigieg announced in January that he would be launching an exploratory committee as a potential Democratic candidate in the 2020 presidential race. However, calling himself a capitalist at a time when the left considers this to be an “evil” ideology might not go over so well with Democratic voters.

But Buttigieg toes a very strange line. The openly gay millennial candidate is younger and “cooler” than his counterparts and has gone after issues that most Democrats never touch, like the national debt. But while he tries to present his policy stances in a light more appealing to moderate Democrats, at the end of the day his views are not all that different than those of other candidates like Elizabeth Warren and Bernie Sanders.

Despite what he may say, Buttigieg’s ideas are antithetical to free market capitalism. In fact, when pressed further during his interview, Buttigieg went so far as to say democracy should not be sacrificed for the sake of a free-market economy. And in making this comment, he has shown that his understanding of both democracy and capitalism are limited and misguided.”

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