Posted on 04/07/2019 7:11:15 PM PDT by E. Pluribus Unum
Democratic presidential candidate Pete Buttigieg said Sunday that capitalism is a potential threat to democracy, even in the United States.
"America is a capitalist society but it has to be a democratic capitalism. That is really important and it is slipping away from us. When capitalism comes into tension with democracy, which is more important?" the South Bend, Ind., mayor said on NBC's "Meet the Press."
"I believe democracy is more important. When you have capitalism capturing democracy, where you have the kind of regulatory capture where powerful corporations can arrange the rules for their benefit, that's not real capitalism," he added.
Buttigieg used Russia as an example of what happens when capitalism gets out of control. "It turns into crony capitalism and that turns into oligarchy," he said.
Buttigieg argued that his most voters don't want this version of capitalism, noting he received support from people who must have also voted for President Trump based on the vote totals in Indiana.
Buttigieg has roughly 2.3% support, putting him in seventh place among a crowded field of candidates vying for the 2020 Democratic presidential nomination, according to RealClearPolitics' average of polls.
(Excerpt) Read more at washingtonexaminer.com ...
I don’t know whether to fear the Rat Party’s full embrace of Maoism...or welcome it.
The Mayor is a threat to gerbils...
As former GOP governor of Maine Paul LePage used to say, “We are not a democracy. We are a representative republic.”
Looks like Buttgig surging past Bozo in the polls. Spartacus also collapsing. Makes sense that all the homos would go for the 100% bonafide gay candidate over the candidates who are only quasi-gay.
With record lows of employment for men, women, blacks, hispanics, Chinese, orinoco Indians, dogs, cats and all other creatures, I think Pete had better reset his cruise finder back to South Bend.
He speaks out of his ass.
Communist butt pirate.
Red diaper babies don't stray too far from the mind-control gulag.
What he is really saying is that liberty is a threat to unbridled government.
They will not be happy until there is {more} blood in the streets.
Yeah, that will get him a lot of votes.
Putz
Sounds like South Bend elected a complete idiot for mayor.
He was correct.
Scary the people that are running on the Democrat side. Is there nobody in the Dem party that take a less-than-way-out-there position?
Capitalism exists and flourishes because of liberty. It is the method free people accumulate wealth and remain economically independent.
Complete moron
Liberals will love him
To think of how many Notre Lame students must have voted for this guy.
Too many otherwise intelligent, educated Americans worship at the shrine of democracy--our government schools--not knowing this great nation is not even a democracy, which most resembles mob rule, 50% plus one dictating how the other half should live their lives.
Our country's founders were well aware of the dangers democracy holds. They chose to make the new nation a republic, limited in its powers by a constitution and a tri-partite federal government with defined functions, leaving other matters to the States.
Mr. Buttigieg doesn't have a clue about either democracy or capitalism.
Yes but grover Cleveland died a long time ago
Who is this Ahole?
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