New York Democrats elect another person to Congress that is totally ignorant of economic

 Legal Insurrection:

The Squad has a new member. His name is Jamaal Bowman and he is now going to represent New York’s 16th congressional district.

During a recent interview, Bowman compared capitalism in America to slavery, which means he will fit right in with his new Squad-mates.

It is an insult to compare capitalism, a system which has done more to raise people out of poverty than any other system that has ever been tried, to slavery, but what else should we expect from this growing Democratic caucus on the far left?

Sam Dorman reports at FOX News:

New ‘Squad’ member Jamaal Bowman calls American capitalism ‘slavery by another name’

Congressman-elect Jamaal Bowman, D-N.Y., said in an interview published Monday that he believes the U.S.’ current system of capitalism is a form of slavery.

“I believe our current system of capitalism is slavery by another name,” said Bowman, a new member of the progressive “Squad.”

He told The Root that “[w]e’ve moved from physical chattel enslavement and physical racial segregation to a plantation economic system. One that keeps the majority of Americans unemployed, or underemployed and struggling just to survive, while the power elite continues to concentrate wealth in the hands of a few, and allow large corporations to pretty much run the world as multinational corporations.”

“The pandemic has revealed it. With almost 300,000 dead from the pandemic, disproportionately Black and brown, and Jeff Bezos is the first $200 billionaire. In the next six years, he might become the first trillionaire. That’s slavery by another name. It’s a system that’s not working, so we need a new system.”

One of the reasons Bezos has become so much more wealthy over the last ten months is a direct result of the lock down policies of members of Bowman’s party, policies which are destroying small businesses.

Bowman is also already advocating for a further leftward push in the Democratic party. He has been critical of Obama and believes the Squad is the way of the future.

...

Bowman would probably be surprised to learn that capitalism exists under communism.  One of the main differences is that the government has all the capital and decides where and how it will be invested.  That is why the Soviets had so many crappy apartment buildings that mostly looked the same.  They also invested in weapon systems that the state manufactured.  /this limited the creativity of the process and is one of the reasons they fell behind.  The government did not reward risk-takers who developed new products such as persona computers or iPhones.  There is little incentive to do maintenance as can be seen with the deterioration of housing in Cuba.  In communism, the people are the slaves of the state.



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