Please disable your Ad Blocker to better interact with this website.

Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
News

Rep Ocasio-Cortez Calls Capitalism ‘Irredeemable’

Will this presidential election be the most important in American history?

New York Democrat Representative Alexandria Ocasio-Cortez described capitalism as “irredeemable” at the South by Southwest conference in Austin, Texas.

Ocasio-Cortez was interviewed by Briahna Gray from The Intercept for a featured session called, “Alexandria Ocasio-Cortez and the New Left,” where she criticized capitalism because of its profit motive.

Ocasio-Cortez’s embrace of democratic socialism has been emphasized by the right, which seeks to paint her as out of touch with mainstream American values. But arguably, it’s her progressive ideals that provide the basis for a human-centered politics that connect with a majority of Americans.

The Intercept’s Senior Politics Editor Briahna Gray will talk to Ocasio-Cortez about identity, the race/class divide, and how these factors are likely to play out in the years ahead.

Bloomberg reports:

She directed some of her sharpest comments at an economic system that she said values profit over people.

“Capitalism is an ideology of capital –- the most important thing is the concentration of capital and to seek and maximize profit,” Ocasio-Cortez said. And that comes at any cost to people and to the environment, she said, “so to me capitalism is irredeemable.”

Though she said she doesn’t think all parts of capitalism should be abandoned, “we’re reckoning with the consequences of putting profit above everything else in society. And what that means is people can’t afford to live. For me, it’s a question of priorities and right now I don’t think our model is sustainable.”

During her comments, Ocasio-Cortez also endorsed her style of political activism by slamming moderate political stances.

NBC News reports:

In her remarks, Ocasio-Cortez torched political moderation, which she equated with worshiping mediocrity, defended democratic socialism and took a question from Bill Nye, better known as The Science Guy.

“Moderate is not a stance. It’s just an attitude towards life of, like, ‘meh,’” she said, shrugging her shoulders for emphasis. “We’ve become so cynical, that we view ‘meh,’ or ‘eh’ — we view cynicism as an intellectually superior attitude, and we view ambition as youthful naivete when … the greatest things we have ever accomplished as a society have been ambitious acts of visions.

Consistent with her political philosophy, Ocasio-Cortez criticized corporate power and CEOs.

Ocasio-Cortez is aggressively attacking capitalism to replace it with socialist type government policies.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

Related Articles