We live in a mixed economy
Democratic Senate nominee Abdul El-Sayed of Michigan keeps calling himself a capitalist. And the Democratic Socialists of America keep backing him. Why? Because the DSA understands that El-Sayed has to say that to win over even Democrats in a moderate state like Michigan. They firmly expect that once elected, he would do as they say. Confusing? Yes, on purpose. But let’s move beyond this war of labels. Let’s stop using socialist and capitalist as either compliments or denunciations. The United States has a mixed economy, as do most modern countries. It has an economic system in ...