Posted on 08/25/2024 1:00:06 PM PDT by E. Pluribus Unum
Kamala Harris is beginning to offer the first definitive clues of a new economic vision — one with the potential not only to offer a unifying vision for the Democratic Party but also to serve as the foundation for a governing philosophy that crosses party lines.
In recent years, both parties have broken with a markets-know-best default setting. The question is, what comes next?
One influential school of thought, advanced by Ezra Klein and Derek Thompson, argues for increasing the supply of essentials such as housing, health care and clean energy, in part by using government to break the choke points that make these goods too scarce and costly in the first place. This has truth — the much-criticized million-dollar-toilet problem gets at something real.
But it doesn’t fully reflect the realities of how powerful interests hold captive parts of our economy, and then our political system. A second intellectual camp focuses on these forces, and its avatars include Lina Khan, the chair of the Federal Trade Commission and the modern antitrust movement, and the U.A.W. leader Shawn Fain and re-energized labor unions. Yet it, too, is incomplete as a governing wisdom, as it lacks affirmative answers for our largest challenges, like how to decarbonize quickly and at scale, and how to contend with a rising geopolitical competitor in China.
Ms. Harris’s early proposals suggest she is drawing from both strands in telling a more holistic and entirely new story about how the economy works and the aims it should serve. Put differently, her slogan “We’re not going back” might well extend beyond political and social rights to include a different brand of economics.
(Excerpt) Read more at nytimes.com ...
Complete and utter gobbledygook.
There is no way they can let her debate Trump.
Her only hope is to stay of sight and run her campaign from FJB's basement.
Put on your hip waders!! Commiekamalamadingdong is starting to spew.
Communism a new economic revision re-branded as pearl Milling economics as part of the WEF’s project 2030!
I agree. Author Jen is on CRACK, hopium or something. The problem with candidates like Que-mala who have/say nothing substantive is that it keeps the door open for idiot supporters like Jen here at the NYT to ‘divine’ all sorts of meaning from her word salad nonsense.
> using government to break the choke points that make these goods too scarce and costly in the first place <
Good idea. Government management of the economy works in socialist countries, so it should work here.
Oh, wait. It doesn’t work in socialist countries. It only leads to oppression, shortages, and rationing. No matter. Onward the Revolution, I guess.
I wonder what color crayons she is using.
“Kamala Harris
begins to sketch a new economic vision”.
With a crayon.
CC
Damn, beat me by a minute!
CC
Any time I hear a Leftist use the word 'decarbonize', I read 'get rid of people'. In that context, that phrase is downright scary.
Beginning to sketch on a 4 day drunk and stoner ramble. Imagine the “sketches” on how the economy DOES NOT work!
Great minds....
Just as scary is "we are going to end 'fossil' fuels."
The end of "fossil" fuels is the end of food.
Harris was supposed to tell America her vision in her acceptance speech and did not do so. All she had was hatred for Trump and vague words on things, but no specifics, and certainly no explanation for how she will pay for all her giveaways that by estimation could add an extra $15 Trillion in new Debt in 4 years pushing us to $50 Trillion in Debt.
What will happen if she gets Medicare for all and that pushes Health Care costs to 25% of GDP, that will spell Default on the Debt or Collapse of the Government. Do any of these people think about this stuff????????
Yes.
It's called "Cloward-Piven."
Socialism: rob from Peter to give to Paul.
Communism: rob from Peter and rob from Paul.
Capitalism: tell Paul to get a job.
RE: Harris Begins to Sketch a New Economic Vision.
Marx, Lenin and Mao (in Hell): Nothing “new” to us.
All they have are remakes. We know how the sequel ends.
Kamala Harris Begins to Sketch a New Economic Vision
________________________________________________________
Too bad she didn’t “sketch” one while she’s been a VP for the last 4 years. The nation sure could have used some different advice from the rest of the Dem. leaders.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.