this post was submitted on 28 Nov 2024
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He really isn't anti-capitalist, he's against concentrations of wealth generally, but he's absolutely in favor of our capitalist system, he just thinks there should be more rules so workers fare better. He's not a socialist, much as the right wants to think, he's just in favor of a large welfare system and high taxes on the wealthy. He doesn't want to fundamentally change our economic system, he just wants to make it more fair for his definition of "fair."
I agree he is not a socialist in the 20th century sense, but he clearly says that workers should have ownership stake in companies, which is not a capitalist sentiment. He advocates for employee ownership of companies. I also am aware of who his economic advisors on these issues are and they are very much anti-capitalist
@noncredibledefense
It absolutely is though. Partnerships have been a thing since pretty much forever, and a lot of publicly traded companies and some private companies hand out company stock as part of compensation. Employees owning stock isn't socialism, it's capitalism, and the goal is for employees' interests to be more aligned with the company's so overall profitability is higher.
Sanders is approaching it from an employee outcomes perspective, but it's still very much from a capitalist mindset.
He's not advocating for companies to be run democratically like they would under socialism, he's advocating for more profit sharing without meaningfully changing ownership.
I agree that giving alienable voting shares to workers isn't anti-capitalist. It becomes anti-capitalist when the voting rights over management and corporate governance are inalienable meaning they are legally recognized as non-transferable even with consent.
Here is a talk by people involved with Bernie Sanders politically about how all companies should be democratically controlled by the workers: https://youtu.be/E8mq9va5_ZE
Sanders supports worker co-op conversions
@noncredibledefense