Sunday, May 05, 2019

Domenico Moro: Fascism was the open and brute dictatorship of the elite of capital

Domenico Moro (1964, Rome) is an Italian economist, sociologist and political researcher who for years has been analyzing and researching the European monetary system as well as large multinacional financial monopolies and groups such as Bilderberg and the Trilateral commission. So far, he has published several books: “Il gruppo Bilderberg” (2014), “Globalizzazione e decadenza industriale” (2015), “La terza guerra mundiale e il fundamentalismo islamico” (2016), “La gubbia dell’euro” (2018).

First I would ask you if the European Union has a future in the form of a corporate project of the ruling elites?
I think we have to distinguish between Eu and single European currency. It is difficult that Euro can survive, in the same way as other previous monetary unions in the History, for example the Latin union. First of all, the Euro system is unfit for coping with the evolution of world economy, because makes impossible to the single countries to adapt themselves to economic cycles. Without any control on exchange and interest rates, and on money emission of the central bank is impossible for a single State making any industrial policy and contrasting the decrease of GDP and employment. Euro is broadening the differences between countries, producing millions of poor people and, more of all, makes difficult resisting to external shocks. Another crisis, like the 2008-2009 one (the worst one since 1929), would means likely the collapse of euro system. But for which reason the ruling classes in Europe are so determined to defend Euro? Euro is a political project.  From a class point of view, Euro is the tool to force the working class to accept the European rules, written in the Treaties. The target is removing the control of public budget and industrial policy from other classes and put it only into hands of the superior sector of capital, the biggest and more internationalized one. Above all Euro is the tool to accept limitations on popular and democratic sovereignty, as it was established during a century of struggles, and make the Parliaments more weak with no power in public budget and industrial policy decisions. In this way, Euro and treaties has made possible modify the balance of power between capital and labour that was defined in favour of working class after the fall of fascism and after the struggles in sixties and seventies. With regard to the Eu treaties, also the European targets that force the decrease of debt to 60% on GDP are impossible to be reached. Perhaps what could survive is another system of relationships among European countries, with agreements which establish some kind of trade rules among countries.
How do you look at Brussels latest pressures on fiscal monetary policy of Italy, in terms of her debt?
Italian government actually is not doing an expansionary policy. It would be exaggerated call it a Keynesian policy. A public deficit of 2.4% is just 0.1% above the deficit of the previous Pd government. Notwithstanding the European commission is attacking the government as if it was doing a policy of strong spending, which can destroy Europe. It is the demonstration that European Commission is far from reality. According to Junker and Moscovici, Italy should cut public expenses further after years of austerity in order to pass from 131% to 60% of debt on GDP just in a couple of decades of years. All this during a period of economic stagnation with an inflation between zero and one per cent and with 5 million of absolute poors. It is ridiculous.
Italian public debt has already reached 131% of the state GDP, which is more of 2340 billion euros, while economic growth is below the EU average, and the unemployment rate is 11%, which amongst the young population is unbelievable 32%. How can Italy deal with these problems and can it at all?
That’s for sure that Italy cannot cope with unemployment and its big debt if it follow the European rules and cut the public expenses. We need to increase investments, particularly in construction, in order to revitalize the domestic market. Only the state can do it. For this reason Italy has to go much further a 2.4% deficit. In this case, it should be inevitable to crash with European authorities.
Right-wing populist “5stelle” and Lega Nord government in Rome are opposed to austerity measures, but will they step in front of the Brussels bureaucrats, as did in Greece once?
Italy is not Greece. First of all for its dimensions. Without Italy euro can arrive to the end quickly. Secondly, Italian industrial structure is quite strong and quite competitive. Italy has been realizing strong trade surpluses (goods and services) for the last 7 years (53 billion of euros in 2017). Instead France and Uk continue to have trade deficit. Italy has been doing public primary surpluses for last 20 years (Germany for only 12 years), i.e. Italy State expenses are less than its revenues. Furthermore in Italy household savings are quite high. International investments funds know it, as JP Morgan said recently. For this reason they are investing in Italian debt even now. From the other side, we do not have to forget the euro is a strong cage. Exiting from this cage requires a strong political determination. The question is if M5S and Lega will be firm and concerned to it. I have some doubt about this. In my opinion the true government target is to negotiate better conditions with Eu. Lega and M5S are bourgeois parties. They represent some sectors of capital and middle and petty bourgeoisie damaged by austerity.  Do not forget that Italy has a biggest sector of little and middle firms than other European countries, like Germany and France. In any event the situation could fall if the Commission hardens its position, but it is difficult forecast what will happen.
We are witnesses today that the Italian left is at the lowest possible level of its existence and socio-political action. Which is the real reason for it?
The reasons of collapse of Italian left are many and have origin in the past twenty-thirty years of Italian history. When Italian communist party (Pci) broke up in 1991, it was divided in two parts. The majority organized  a party (called Pds and then Ds and Pd), which was rather liberal democratic than social democratic. It was the demonstration of how Pci was changed in the last decade, surrendering on the political and ideological field. This party become the spokesperson of big capital interests and in particular of European union and single currency. All of this was hidden by the opposition of Berlusconi, depicted as the most important danger for Italy. The minority of former Pci and some other far left little organizations and groups organized the Party of Rifondazione Comunista (Prc). This party was the assembly of many political and ideological currents in perpetual fight each against other rather than an organization composed by well-blended elements. Not much was done in this direction by the leadership, more interested in electoral tactics. Furthermore, in order to fight Berlusconi, considered the most (or the only) dangerous enemy, the sole political tactic of Prc was the centre-left coalition with Pds (later Ds) and leaded by Romano Prodi, a former State top manager, the person responsible for privatization of many State enterprises. The second Prodi government (2006-2008) was a disillusionment for many voters of Prc, PdCI (a 1998 secession from Prc) and Greens. At the elections in 2008 the votes of this parties decreased from 12% to 3% and they were expelled from Parliament. This result was destinate to do not change. For two reasons. Firstly, a part of far left electorate moved to abstention and a bigger part passed to Movimento cinque stelle, which will began the first Italian party in 2013 and go to the government in 2018. Secondly, because of the defeat, the political and ideological differences broke up inside Prc and the far left. Some people wanted go on with centre-left collation, some did not. Some people thought that was necessary get rid of communism and marxism, some did not. There were many secessions, which weakened Prc. The situation fell with the 2008-2009 crisis and European austerity, in particular during Monti government, a sort of Eu commissioner, supported by Pd and Berlusconi. The moderate left was the more sure supporter of European constrictions and payed the price for this at the last elections,  in the same way the as moderate left did in France, Greece, Spain, Germany. The far left was negative with austerity, but its position on Eu and the single currency was little clear, confusing defense of Eu with internationalism and the fight against Euro with nationalism. Summarizing, moderate left was the defender of big capital interests while far left was not able to understand the modification of the Italian and European society, in particular the impact of Euro on economy and policy. On the contrary, M5S and Lega were able to do it. It was remarkable the ability of Lega to transform from defender of North Italy interests into defender of “national” interests, building a social alliance (in the sense which Gramsci gave to the word) with some sectors of capitalist firms (which have the leadership), middle classes and working class. In a way, today we assist to a civil war inside the Italian (but also European) capitalist class, of which the birth of last Italian government is the evidence.
How do you see today on this growing rising climax of fascism in Europe and whether a modern left can even oppose this trend and how?
The rising of fascist groups depends on the European austerity and crisis, in the same way as nazism depended on the austerity policy with which was faced the 1929 crysis. They also depend on the tolerance towards them of moderate left and centre-right parties that underestimated antifascism and Resistance importance in the last decades. But the true question is: there is a danger of fascism regime in Europe? In order to answer we have to understand what was fascism and why took power. Fascism was the open and brute dictatorship of the élite of capital. This dictatorship was useful to remove popular and democratic sovereignty, eliminating Parliament and elections, as well as trade unions and working class parties. Furthermore fascism and its nationalistic soul was coherent with a capitalistic accumulation that was mainly domestic and with a territorial shape of imperialism. Fascism was the preparation to the second time of the world war for the defeated country (Germany) and the unsatisfied country (Italy) of the First World War. Today  – we have to ask ourselves – what has eliminate o reduced popular and democratic sovereignty? What has neutralized the universal suffrage, trade unions and popular parties? The answer is simple. European treaties and single currency. You can vote a policy after that the European constraints and Euro prevent to put into practice. Thanks to them, élite of capital do not need to abolish democracy or use direct brutality. Furthermore, the capitalist accumulation is much more global than in the thirties and imperialism is not territorial but managed by multinational enterprises. The most bizarre thing is that M5S and Lega – a centre and a far right party – seem the defender of the vote results (and of the democratic sovereignty) against the international market and European Commission influence on the political decision. Meanwhile, Pd, Berlusconi and President of Republic defend the European Commission and say “We have to respetct the rules, otherwise the markets will punish us”. The problem is that Italian workers and unemployed people has been punished for a decade by austerity, of which is impossible to see a end. You can imagine the consequences of Junker declarations on Italian electorate: Lega has increased its votes from 17,3% to 30%. This is the demonstration of the confusion existing in Italy (but also in many European countries) and of the difficulties of the left to fight the M5S and Lega positions. For this reason we have to be clear about European treaty and single currency. Exit from Euro or even from Eu do not resolve all the problems but is a necessary conditions, particularly if we want to be credible. It is true that the problem is the capital, but capitalism fights its class battle and do profits in different historical ways. Today European integration takes on a strategic role for European capital egemony and capital accumulation.
All this does not mean that does not exist any difference inside capital and between capitals of different nations and consequently that does not exit competition among capitals and among States. On the contrary, Euro, widening differences in economy and reducing domestic markets, increases the imperialistic tendency to expansion abroad and tensions among States, strengthening the role of the national State, as well as nationalism and xenophobia. Euro and Eu do not abolish or weaken national-States, but change them, redefining their parts and the relationship among these in order to put in a cage the subordinate classes.
Consider one of the best experts when it comes to organizations such as the Bilderberg Group and the Trilateral Commission. Tell me how really these organizations really are capable of carrying the decision on the international political scene, and is there any cooperation between them and the NATO military alliance through an institution such as the Club of Rome?
Usually people connect Bilderberg to conspiracy theory. They think that there is a little group of people that decide about all what concern the events in the world. Actually Bilderberg and its sister organization, Trilateral Commission, are think tanks of a part of the superior sector of international capital of western countries, the majority member countries of Nato (Usa, Canada, Uk, Germany, France, Italy, Spain, etc.). Their target is discussing and defining policies useful to their interests. Even if there is no conspiracy, the strategical importance of Bilderberg and Trilateral is evident in connection with European integration. The proposal of a single currency in Europe was proposed in a meeting of Bilderberg in Buxton in 1958, in order to control the public budget and reduce the power of Parliaments. Particularly meaningful is The Crisis of democracy, a report for the Trilateral meeting at Tokyo in 1975, written by Huntigton and Crozier. The crisis of democracy, according to the two authors, was depending on an excess of democracy, which should have been reduced. The tool to reach this goal was European integration. The strength of Bilderberg and Trilateral depends on the connection between business élite (top managers and member of boards of multinationals, transnationals, and internationals banks), policy élite (prime ministers and heads of State, finance and foreign ministers, European Commission members, Nato council members), élite of European and national bureaucracy (International monetary fund, central banks and Bce members), and élite of University and mass media.  Many European prime ministers has attended the meeting, among them Blair, Merkel, Prodi, Monti. In this way the business élite can exercise an influence on politics. Summarizing, there is no conspiracy theory but hegemony building of transnational capital in western society.
This interview was taken by Gordan Stosevic.

- Antonio Gramsci
" I've never been a professional journalist selling his pen to the one who pays him better, and he has to lie constantly because he becomes a lie his professional code. I was to the end of a free newspaperman, always a single opinion, and I never had to hide my deepest beliefs to treat the masters or their confederates."

Antonio Gramsci (January 22, 1891. - April 27, 1937.) was an Italian Marxist journalist, philosopher and politician. Gramsci is best known for his theory of cultural hegemony, which describes how the state and ruling capitalist class (the bourgeoisie) use cultural institutions to maintain power in capitalist societies. He was founded the Communist Party of Italy (Partito Comunista d'Italia-PCd'I) on January 21, 1921. in the town Livorno. Later on the November 9, 1926. the fascist regime arrested Gramsci, despite his parliamentary immunity and brought him to prison. Gramsci was one of the most important Marxist thinkers of the 20th century and a particularly key thinker in the development of Western Marxism.

Saturday, May 04, 2019

Stunning Fossil Discovery Could Offer Glimpse into Day the Dinosaurs Died

A mass of fossilized fish, uncovered in North Dakota, appear to preserve the catastrophic fallout of the asteroid impact that wiped out the dinosaurs.
London schoolgirl Ella Kissi-Debrah could become first person to have "air pollution" listed as cause of death in the UK





London — A court ruling could lead to a 9-year-old London girl becoming the first person to have "air pollution" listed as a cause of death in the United Kingdom, her legal team says.

Ella Kissi-Debrah died in 2013 after three years of having severe asthma attacks, her mother Rosamund Kissi-Debrah told CBS News Friday. When Ella died, the cause of her death was determined to be a severe asthma attack that led to respiratory failure. New evidence, her legal team claims, shows her death was caused by pollution in the air she breathed.

"When she was alive, we couldn't get to the bottom of what was triggering her asthma, so I thought I would give it my best shot (to find out), as her mother, although she's no longer here," Kissi-Debrah told CBS News. "I didn't have any plans or any ideas what I was going to find out, all I knew was it was to do with something in the air."

A report put together for Kissi-Debrah by Stephen Holgate, the former chair of the U.K. government's advisory committee on air pollution and a professor at Britain's University of Southampton, found that Ella's asthma attacks coincided with years of air pollution levels near her home that were above the legal limit. On the basis of that report, on Thursday, the High Court allowed Ella's previous cause of death to be scrapped and a new inquest to be opened.

"There is a real prospect that without unlawful levels of air pollution Ella would not have died," the report was cited as saying in a memorandum provided by Kissi-Debrah's legal team. If a new cause of death is linked to air pollution, Ella's lawyers argue the British government could have failed to comply with its duties under the European Convention of Human Rights.

The World Health Organization estimates that around 4.2 million premature deaths a year are the result of air pollution, much of which comes from cars and trucks. In the U.K., regulations came into effect in 2010 requiring the government to keep this pollution below certain levels, but limits have been consistently breached, despite some efforts by authorities.



Air pollution is widely acknowledged to be a trigger for asthma attacks, and "the dramatic worsening of (Ella's) asthma in relation to air pollution episodes would go a long way to explain the timing of her exacerbations across her last 4 years," Holgate's report is cited as saying.

"Whilst we are debating, there will be a child who is being rushed to hospital somewhere in the United Kingdom or in the United States or somewhere in the world," Kissi-Debrah told CBS News. "Now that one truly understands the impact of air pollution, and especially on children's lungs, the picture seems to be so very clear."

Ella lived near a busy street where pollution levels were consistently recorded at above the legal limit between 2010 and her death in 2013. A new inquest into her death means "the Government and other public bodies will have to answer difficult questions about why they have ignored the overwhelming evidence about the detrimental health impact of air pollution and allowed illegal levels to persist for more than a decade," her lawyers said in a statement.

"There is now momentum for change and it is fundamental that air pollution is brought down to within lawful limits," the statement continued.

Kissi-Debrah noted to CBS News that her daughter would be 15 years old if she were alive today, roughly the same age as teenage climate activist Greta Thunberg.

"What Greta is saying, my daughter is proving it," she said.

First published on May 3, 2019 / 4:50 PM

© 2019 CBS Interactive Inc. All Rights Reserved.


SEE: Capitalism Creates Global Warming










John Kelly joins board of company operating largest shelter for unaccompanied migrant children

BY GRAHAM KATES

UPDATED ON: MAY 3, 2019 / 10:39 PM / CBS NEWS


In April, protesters outside the nation's largest facility for unaccompanied migrant children noticed a familiar face enter the massive, fenced site in Homestead, Florida: former White House chief of staff John Kelly. Soon after, a local television station recorded footage of him riding on the back of a golf cart as he toured the grounds.

It wasn't clear why he was there, but Friday, Caliburn International confirmed to CBS News that Kelly had joined its board of directors. Caliburn is the parent company of Comprehensive Health Services, which operates Homestead and three other shelters for unaccompanied migrant children in Texas.

Prior to joining the Trump administration in January 2017, Kelly had been on the board of advisors of DC Capital Partners, an investment firm that now owns Caliburn.

The Caliburn board includes other former high-ranking military personnel, including retired General Anthony C. Zinni, Admiral James G. Stavridis and Rear Admiral Kathleen Martin. The company's portfolio includes work in a variety of defense sectors.

"With four decades of military and humanitarian leadership, in-depth understanding of international affairs and knowledge of current economic drivers around the world, General Kelly is a strong strategic addition to our team," said James Van Dusen, Caliburn's CEO. "Our board remains acutely focused on advising on the safety and welfare of unaccompanied minors who have been entrusted to our care and custody by the Department of Health and Human Services to address a very urgent need in caring for and helping to find appropriate sponsors for these unaccompanied minors."

Kelly joined DC Capital's board in February 2016 and stepped down in January 2017 when he was confirmed as Secretary of Homeland Security. Kelly switched jobs in July 2017 to become President Trump's chief of staff, a position he left at the end of 2018.

During Kelly's tenure, the administration pursued ambitious changes to immigration enforcement, and the average length of stay for an unaccompanied migrant child in U.S. custody skyrocketed.

In the past year, Comprehensive Health Services, the only private company operating shelters, became one of the most dominant players in the industry. Last August, it secured three licenses for facilities in Texas, totaling 500 beds, and in December, the Homestead facility began expanding from a capacity of 1,250 beds to 3,200.

Located on several acres of federal land adjacent to an Air Reserve Base, the facility is the nation's only site not subject to routine inspections by state child welfare experts.

Teens sleep in bunk-bed-lined dorm rooms, ranging in size from small rooms that fit 12 younger children to enormous halls shared by as many as 200 17-year-old boys, in rows of beds about shoulder-width apart.


During a tour in February, a program coordinator told CBS News that the older children prefer the cavernous digs. "They say it's like a slumber party," she said.

The days begin at 6 a.m. and follow a strict schedule, as children proceed in single-file lines from building to building, supervised by a staff of more than 2,300.

Under a federal court agreement known as the Flores settlement, unaccompanied migrant are supposed to be housed in "non-secure" facilities, which means the children cannot be prevented from coming and going as they please. The facility's administrator said that is technically the case in Homestead, but acknowledged that the facility is surrounded by a tall covered fence and monitored by a large team of private security contractors.

The heavy security is one of a slew of issues repeatedly raised by lawyers tasked with monitoring compliance with Flores. They flagged Homestead, as well as a dozen other facilities, in a Dec. 31 letter to the Department of Justice outlining what they say are violations of the agreement.

Last October, Caliburn filed paperwork with regulators announcing an IPO, but cancelled those plans in March. On April 14, The Financial Times reported that DC Capital was instead seeking to sell 75 percent of the company. The company did not comment on the reported sale offer.

Federal contract records show Comprehensive received at least $222 million to operate Homestead between July 7, 2018 and April 20, 2019, and could receive much more — up to $341 million in payments between now and November for continued operation of the expanded site.

While Comprehensive and DC Capital appear to have reaped financial benefits through government contracts during and after Kelly's tenure as White House chief of staff, Richard Briffault, a Columbia Law School professor, said Kelly may not have broken any rules.

"It sounds like he's running between the raindrops. It doesn't sound great, but most likely he's not directly violating any policies," Briffault told CBS News. Briffault said government officials are barred from benefiting from their involvement in matters that involve specific parties, meaning that while serving at the White House, Kelly could not directly influence any decision to award a contract to a DC Capital company.

Delaney Marsco, ethics counsel at the nonprofit Campaign Legal Center, said her first question would be to ask whether Kelly ever consulted ethics officials about any involvement in formulating any policies surrounding unaccompanied minors.

"The fact is that when he was in the White House, the government took action that swelled the population of people that were in these facilities, and that benefited his former employer. That's the exact kind of situation that is why we have the ethics clause," Marsco said.

Now that he's left the White House, Kelly is barred from lobbying for five years, but is free to return to his old company. During that time, he cannot attempt to influence government policies that might benefit the company.

"This is classic revolving door," Briffault said. "Our system is designed in some ways to have that revolving door. We do assume, and we've been doing this for a long time, that (some public sector officials) are coming from the private sector, and that they'll eventually go back."

Omar Blames U.S. For Devastation In Venezuela




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World·Analysis

Despite Trump's scaremongering, socialism is gaining a foothold in America

Recent Chicago election featured strong showing from democratic socialists

New York congresswoman Alexandria Ocasio-Cortez has become one of the faces of socialism in the U.S.(Caitlin Ochs/Reuters)
Caitlin Brady speaks of socialism as though it's the only rational response to 21st-century America.
"I work full time, I work 40 hours a week, and I qualify for food stamps," the 31-year-old said, explaining why she volunteered for the Democratic Socialists of America (DSA) campaign in Chicago's municipal elections last month.
To get food stamps in Illinois means Brady makes no more than $1,670 US a month. She pays no income tax on that — but neither did tech behemoth Amazon pay tax on the reported $10.8 billion it made last year.
"The richest country in the history of the world," Brady said, "and I'm not able to put a roof over my head and eat."
Like many toiling in the trenches of the DSA campaign, Brady is a millennial. Born between the early 1980s and 2000, theirs is the biggest generation since the baby boom and the most likely to think the American Dream — success equals prosperity — is dead.
Chicago is a historically big "D" Democratic city, and for years it has operated a bit like a one-party state. Republicans don't figure much in its politics. Political offices are sometimes passed between generations of the same Democratic families.
But in recent years, the socialists have spotted weaknesses on the Democrats' left flank: unaffordable urban housing and unkept promises of rent control. They struck, painting the Democrats as sellouts to big real estate developers.
Caitlyn Brady, right, was one of the volunteers for the Democratic Socialists of America campaign in Chicago’s elections last month. (CBC)
On election night, the media clucked and fussed over Democrat Lori Lightfoot, the openly gay black woman chosen to replace Chicago's unbeloved Mayor Rahm Emanuel.
But underneath that headline was the news that the socialists running for a handful of city council seats had won them all. Granted, that's only four. But it means they now have six spots out of 50 in the government of the third-largest metropolis in the country — socialism's biggest victory in modern American history.
There are varieties of socialism around the world, but in the American context, it is fundamentally about ensuring that the health and welfare of the people does not depend on the incentives of capitalism.
"People over profits" was a popular rallying cry among Chicago's DSA. But the DSA did not insist that workers should control the means of production and promise to take over Amazon. They ran on affordable housing, universal health care and returning government to the people.

'It's back'

The results in Chicago were preceded by a tsunami of speculation about the resurrection of the American left— why and where in the land it might or might not pop up.
In March, New York magazine churned out several thousand words trying to answer its own question: When did everyone become a socialist? On the right, The Weekly Standard (just before it folded in December) took aim at what it called "the illusory dream of democratic socialism" in a piece called "Up from the Grave," which began: "It's back."
In between, countless think pieces have analyzed what's going on, usually making a link to the unexpected successes of Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez (a.k.a. AOC). But the truth is the warming trend for socialism began before any of that.
Chicago alderman Carlos Ramirez-Rosa, middle, is a member of the Democratic Socialists of America and led a demonstration in favour of rent control in Chicago on April 1. (Tiffany Foxcroft/CBC)
Nearly a decade ago, the Pew Research Center reported that American millennials, a generation with growing political clout, saw the world differently than their forebears. A 2010 Pew study found that, as a whole, Americans strongly favoured capitalism over socialism, but millennials slightly favoured socialism over capitalism.
Perhaps because they had no memory of the Cold War, they didn't see socialism as a bogeyman. They were open to it.
A few years later, the political scientist and writer Peter Beinart took the Pew study and contextualized it in a widely read essay in the Daily BeastUnder the headline "The Rise of the New New Left," he tried to unpack how a promise to make the rich pay for universal childcare turned lefty Democrat Bill de Blasio into the mayor of New York. Priorities were disrupted, thought Beinart.

Response to 'fail decade'

With a hat tip to the sociologist Karl Mannheim, Beinart argued that only certain generations disrupt the status quo, and they do it because something irregular and meaningful happens during their formative years — late teens, early twenties — that forever colours their worldview.
The political coming of age for the first American millennials wasn't at all like the decades that preceded it. The 21st century opened with the catastrophes of what some describe as "the fail decade" — as Beinart wrote, "the decade of the Iraq War, Hurricane Katrina and the financial crisis."
With striking prescience, he warned that both Republicans and Democrats had something to fear from a maturing generation that believes government should play an expanded role in their lives, and that status quo politics had failed.
More than three years ahead of the fateful 2016 election, Beinart predicted that in the Democratic primary, Hillary Clinton would be "vulnerable to a candidate who can inspire passion and embody fundamental change, especially on the subject of economic inequality and corporate power."
Beinart saw Senator Elizabeth Warren as that candidate. The eventual challenger turned out to be Bernie Sanders, but other than that, it seems Beinart was right.
Both Warren and Sanders are vying for the 2020 Democratic presidential nomination saying corporate power needs stronger guardrails. Sanders describes himself sometimes as a socialist, sometimes as a democratic socialist — probably to avoid persnickety arguments about whether there's a difference between them.
Sen. Bernie Sanders has been a big proponent of Medicare for All and other progressive causes. (Joshua Roberts/Reuters)
Warren eschews both labels and claims that ideologically, she's "a capitalist to my bones." But her skepticism about unrestrained markets is as defiant as Sanders'. She's against what she calls "shareholder value maximization ideology."
For instance, she has proposed an "Accountable Capitalism Act" about corporate governance. If it were law, it would force certain big corporations to have federal charters and allow their shareholders to sue company directors if they act contrary to the interests of "all corporate stakeholders" — meaning running afoul of employee rights and environmental impacts.
That sounds like a shout-out to the socialists that, whether they want to or not, Democrats are hosting in their party.

Legacy tied to FDR, LBJ

"We're being the real Democrats, that's how I like to view it," said 30-year-old Carlos Ramirez-Rosa, now in his second term as a DSA city alderman in Chicago.
"We're being truer to the history of the party, to Franklin Delano Roosevelt, to Lyndon Baines Johnson."
One of the key planks of Sen. Elizabeth Warren's presidential platform is holding corporations accountable.(Brian Snyder/Reuters)
There is truth to that. FDR's New Deal and LBJ's Great Society are monumental figures in the history of the Democratic Party. They established unemployment insurance, Medicare, Medicaid, financial regulatory reforms and other programs that conservatives still dream of trying to roll back.
But the Democratic Party of FDR and LBJ was not the party of Bill Clinton and Barack Obama, both of whom extolled the virtues of leaner government. Clinton and Obama largely conceded to the economic arguments of the Reagan revolution, which conflated market freedom with personal freedom.
In his 1996 State of the Union address, Clinton famously declared "the era of big government is over." Obama's autobiography, The Audacity of Hope, has grudging respect for Reagan scattered throughout it.
Democratic House Speaker Nancy Pelosi has wrestled with the ambitious vision of the socialists in her caucus, and she's unequivocal about where she stands. "That is not the view of the Democratic Party," she told CBS's 60 Minutes recently.
Nor, from a strictly utilitarian perspective, could it be. Pelosi became Speaker after the Democrats took back the House in the 2018 midterm elections. Their margin of victory had little to do with democratic socialist AOC winning her seat in the reliably Democratic district of the Bronx. It had everything to do with candidates such as Abby Finkenauer, who overturned a Republican in swing state Iowa's First District.
House Speaker Nancy Pelosi recently told 60 Minutes that socialism 'is not the view of the Democratic Party.' (J. Scott Applewhite/Associated Press)
Put another way, the number of degrees Democrats can safely shift to the left in 2020 is probably less than AOC and some others elected in safe Democratic districts would like.
No one knows that better than President Donald Trump, who used his State of the Union speech in February to kick off his campaign against an imagined red menace.
"We are alarmed by new calls to adopt socialism in our country," he said, and then went on to define socialism as the monster that ate Venezuela. "America will never be a socialist country," he pledged, implying the nation could bank on that only as long as he was in the White House.
DSA members often say that when they think socialism, they think Denmark, not Venezuela. But Democrats won't get to argue that case in the 2020 election debate when Trump is already winding up his base with wild stories about a socialist dystopia. He recently warned that the Green New Deal means people will have to give up their cows.
There are many reasons that this is a watershed moment for Democrats.
Not only do they want to beat Trump in 2020; many feel it's their moral responsibility. But socialist talk is unnerving to those who fear ideological flirtations are better put on hold — at least until they've dealt with job one.