Just a few weeks ago, the media was fawning over Alexandra Ocasio-Cortez and her youthful makeover of tired socialist ideas. Not to be outdone, Elizabeth Warren penned an essay in the Wall Street Journal introducing a modest proposal to completely remake capitalism as we know it. Her Accountable Capitalism Act would create an “Office of United States Corporations inside the Department of Commerce,” requiring any corporation with revenue over $1 billion to obtain a federal charter. These charters would force businesses to vest decision-making authority in a variety of “stakeholders” that would include the company’s workers and other vaguely-defined groups in the communities affected by the company.
Elizabeth Warren's Socialist Dogwhistle
Elizabeth Warren's Socialist Dogwhistle
Elizabeth Warren's Socialist Dogwhistle
Just a few weeks ago, the media was fawning over Alexandra Ocasio-Cortez and her youthful makeover of tired socialist ideas. Not to be outdone, Elizabeth Warren penned an essay in the Wall Street Journal introducing a modest proposal to completely remake capitalism as we know it. Her Accountable Capitalism Act would create an “Office of United States Corporations inside the Department of Commerce,” requiring any corporation with revenue over $1 billion to obtain a federal charter. These charters would force businesses to vest decision-making authority in a variety of “stakeholders” that would include the company’s workers and other vaguely-defined groups in the communities affected by the company.