Richard Wolff: Capitalists’ incomes and wealth are determined by their particular, unique and superior contributions to production. In mainstream economic theory, capitalists are not just ripping off their employees.
Lawrence Wittner: In December 2011, a startling 31 percent of Americans surveyed by the Pew Research Center said that they had a positive reaction to the word “socialism,” with young people, Blacks, and Hispanics showing the greatest enthusiasm.
Walter Moss: Political campaigns often produce sloppy rhetoric, but the present confusion over capitalism, socialism, and progressivism also springs from the absence or skewing of historical perspective.
Bill Blum: The question facing “socialists” like Sanders is this: When all your idealistic visions for a more humane, more just, more equitable, and more rational society run head-first into the stone wall of the profit motive … which of the two gives way?
Leonard Isenberg: Democratic socialism programs arguably have saved free enterprise capitalism in our country and around the world by cleaning up after the unrestrained excesses of endemic corporate greed that has cyclically been allowed to continuously tank the world economy.
Lawrence Wittner: The shock and disbelief with which many political pundits have responded to Bernie Sanders’s description of himself as a “democratic socialist”—a supporter of democratic control of the economy—provide a clear indication of how little they know about the popularity and influence of democratic socialism over the course of American history.