Who is Atlas did he Shrug?
Bernie Sanders says that he’s a socialist and that he loves the New Deal. He doesn’t see any discordance there, and neither do a lot of people who support him.
There’s a famous story that was told when I was growing up about a politician who is asked about his position on whiskey. And he says, “If by whiskey we mean the drink we enjoy to celebrate happy events and toast our friends, I’m for whiskey. But if by whiskey we mean the demon liquor that drives families apart, I’m against whiskey.”
That’s where I am. If by socialism, you mean the New Deal, then by golly I’m in favor of it. Obviously, the New Deal shaded into socialism or social democracy, if you will. But in many ways, it’s a foolish argument, because we have socialism for the rich everywhere. Nobody is actually trying to keep the government out of the market. At least, nobody in Herbert Hoover or Donald Trump’s Republican Party.