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Here's the Biggest Political Difference Between Bernie Sanders and Elizabeth Warren

August 23, 2018 in Blogs

By Cody Fenwick, AlterNet

Both senators are seen as top contenders for the Democratic presidential nomination in 2020.

Sen. Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) are two of the most prominent lawmakers seen as likely contenders for the 2020 Democratic presidential nomination. They are also both regarded as representing the left flank of the Democratic Party.

But as Warren makes clear in a new BuzzFeed profile, the Massachusetts senator sees some clear differences between herself and Sanders.

“He’s a socialist,” she says, “and I believe in markets.”

This distinction, however, is too strong. As Sanders has said on countless occasions, he is a “democratic socialist” — drawing a distinction with the pure label “socialist.” While the meanings of both terms continue to be debated, Sanders has been remarkably clear on what he means. He believes democratic socialists advocate for policies like those carried out in Denmark and the other Scandinavian countries.

And Denmark continues to have a market-based economy. It simply has a robust welfare state, providing generous child care benefits, health care coverage, access to higher education, unemployment protections and other programs of the type Sanders advocates — as well as substantially higher taxes.

While Sanders' political vision often involves the creation or expansion of these kinds of benefits grounded in the government, Warren tends to focus on market reforms aimed to benefit average Americans. For instance, her latest proposal for reforming American corporate governance doesn't directly provide substantial benefits for people in the way expansion of Medicaid would. But by giving workers greater control within large corporations, it would — if it worked as intended — increase the wellbeing of millions by fostering a more generous and accommodating atmosphere for employees.

One of Warren's most notable accomplishments — the creation of the Consumer Financial Protection Bureau — is supposed to function similarly. The agency itself doesn't provide direct benefits to consumers, but by punishing firms that take advantage of people, it ideally incentivizes others to treat people fairly and allows the benefits of capitalism to be enjoyed by a wider swath of the population.

Warren's implication that Sanders doesn't believe in markets seems to be erroneous, given …read more


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