As a presidential candidate, Warren’s policy proposals are actually threatening to American oligarchs, and she evinces every intention of carrying them out as president. She wants to bust up corporate monopolies and oligopolies, and sharply regulate abusive tech platforms. She correctly wants to get rid of the filibuster, and has a decent proposal for guaranteed child care. She wants stiff tax hikes on the ultra-rich — a wealth tax on fortunes over $50 million, a larger one on those over $1 billion, and a 7-percent tax on corporate profits over $100 million. (In 2018, at least 60 Fortune 500 companies paid zero tax or even got a refund on tens of billions in profits, including titans like Amazon, IBM, Netflix, and Activision Blizzard.)
Where Clinton mainly valued the appearance of being a policy wonk (remember the lavish articles about how she had rooms full of policy experts?), Warren is a genuine obsessive — and more importantly, values policy in terms of being able to improve the lives of the broad population, not just demonstrate her own competence.
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