"The 40-year goal of starving the beast—a massive wealth transfer from the bottom 90% to the top 10% through mechanisms such as globalization, bailouts, quantitative easing, the tax code, and the unbridled growth of finance capitalism—has been achieved."
"Bernie Sanders isn’t considered electable because our notions of “electability” are defined from the top downward by party leaders, major donors, journalists, and pundits. "Electability" is purposely designed to not apply to anyone other than a center-left or conservative Democrat. "
"As "moderates" (which they definitely aren't), centrist, neoliberal Democrats portray themselves as their party's safety valve against anti-corporate extremism. Never mind their record of supporting one disastrous fiscal or foreign policy initiative after another."
Perhaps Howard Schultz and today’s Democratic Party are symptoms of the same condition. Both the billionaire and the party with a lot of billionaires want to restore an era, a politics, and a political culture that seem increasingly foreign with each new tweet from the White House.
"We live in a strange time in which technical expertise and political animus are both in abundance. Indeed, both are distributed along ideological vectors in such a way that the weaknesses and failures of each are still considered acceptable to their affinity groups when compared their polar opposites."
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"To have believed that the Tax Cuts and Jobs Act of 2017 would deliver on the promises made by the President and every Republican Congressman or Senator who had a microphone shoved in his face was to believe that corporations would use their tax savings to invest in equipment and factories. That they would hire more workers. That as demand for goods and labor picked up wages would rise and the deficit would fall. To have believed what has been proven a fantasy was to reveal to your friends and neighbors that you had little grip on how late capitalism actually works."