Yves Smith (aka Susan Webber), a management consultant and principal at Aurora Advisors, writes at Politico that the “highly educated, high-income, finance-literate readers of my website, Naked Capitalism, don’t just overwhelmingly favor Bernie Sanders. They also say “Hell no!” to Hillary Clinton to the degree that many say they would even vote for Donald Trump over her.”
They (9 out of 10 Smith friends polled) developed their “conclusions” from “careful study of her record and her policy proposals,” and believe the Clintons represent a policy status quo of “crushing inequality, and an economy that is literally killing off the less fortunate.” And they think “the most powerful move they can take to foster change is to withhold their support.” Continue reading
I’m glad I ran across this Salon article challenging the notion that Donald Trump and Bernie Sanders appeal to similar populist constituencies. Don’t both Trump and Sanders “confront ‘establishment’ hegemony and voice small-fry ‘populism,’ plus condemn bad trade agreements, job losses, and Washington insiders?” No, Becker says:
Sanders is not like Trump or vice versa: despite surface parallels, they are at heart more like polar opposites. In the end this measure emerges: the unassuming Sanders presents people-oriented messages that widen debate and insight. Trump’s proto-fascist, wealth-driven demagoguery kills debate with deceptive, irresponsible war cries that deter thinking and enlightenment.
I guess I agree as far as it goes: the contrast between Sanders’ intellectual and Trump’s demagogic arguments are…wait for it…yuuuuge. But I see a much more important difference: Donald Trump sells himself as the best player of the Capitalism game. Bernie Sanders makes a case that the game itself is rigged, and the rules need to change. Continue reading