Progressive House Democrat Alexandria-Ocasio Cortez said this week that capitalism is “not a redeemable system” for the vast majority of people in the United States and that it represents “pursuit of profit” at all costs.
“I believe that in a broad sense because when we toss out these big words, capitalism, socialism, they get sensationalized,” the New York Democrat told Yahoo Finance’s Andy Serwer on the latest episode of his “Influencers” show. “And people translate them into meaning things that perhaps they don’t mean. So to me, capitalism at its core, what we’re talking about when we talk about that, is the absolute pursuit of profit at all human, environmental, and social cost. That is what we’re really discussing.”…
“They can control our labor,” Ocasio-Cortez explained. “They can control massive markets that they dictate and can capture governments. And they can essentially have power over the many. And to me that is not a redeemable system for us to be able to participate in for the prosperity and peace for the vast majority of people.”
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