In Major Economic Speech Sanders Explains That He Supports Principles Of FDR & LBJ, Not Communism As Donald Trump Claims

Bernie Sanders Georgetown Speech

In a speech at Georgetown University, Bernie Sanders explained his economic views, showing that Democratic Socialism is not a form of socialism which opposes free enterprise, and that he is definitely not a Communist as Donald Trump claimed. Full transcript here.

Sanders showed how his economic principles are along the lines of those of Franklin Delano Roosevelt and Lyndon Johnson as opposed to Karl Marx, explaining how Roosevelt’s economic programs were called socialist:

Against the ferocious opposition of the ruling class of his day, people he called economic royalists, Roosevelt implemented a series of programs that put millions of people back to work, took them out of poverty and restored their faith in government. He redefined the relationship of the federal government to the people of our country. He combatted cynicism, fear and despair. He reinvigorated democracy. He transformed the country.

And that is what we have to do today.

And, by the way, almost everything he proposed was called “socialist.” Social Security, which transformed life for the elderly in this country was “socialist.” The concept of the “minimum wage” was seen as a radical intrusion into the marketplace and was described as “socialist.” Unemployment insurance, abolishing child labor, the 40-hour work week, collective bargaining, strong banking regulations, deposit insurance, and job programs that put millions of people to work were all described, in one way or another, as “socialist.” Yet, these programs have become the fabric of our nation and the foundation of the middle class.

Thirty years later, in the 1960s, President Johnson passed Medicare and Medicaid to provide health care to millions of senior citizens and families with children, persons with disabilities and some of the most vulnerable people in this county. Once again these vitally important programs were derided by the right wing as socialist programs that were a threat to our American way of life.

Sanders described the economic challenges we face today:

But, here is a very hard truth that we must acknowledge and address. Despite a huge increase in technology and productivity, despite major growth in the U.S. and global economy, tens of millions of American families continue to lack the basic necessities of life, while millions more struggle every day to provide a minimal standard of living for their families. The reality is that for the last 40 years the great middle class of this country has been in decline and faith in our political system is now extremely low.

The rich get much richer. Almost everyone else gets poorer. Super PACs funded by billionaires buy elections. Ordinary people don’t vote. We have an economic and political crisis in this country and the same old, same old establishment politics and economics will not effectively address it.

Sanders continued to provide considerable detail as to the economic problems we face. For the sake of brevity, and as these are arguments he has repeated multiple times, I advise reading the full speech but will not quote more on this portion of the speech here.

He next explained what he means by democratic socialism:

So let me define for you, simply and straightforwardly, what democratic socialism means to me. It builds on what Franklin Delano Roosevelt said when he fought for guaranteed economic rights for all Americans. And it builds on what Martin Luther King, Jr. said in 1968 when he stated that; “This country has socialism for the rich, and rugged individualism for the poor.” It builds on the success of many other countries around the world that have done a far better job than we have in protecting the needs of their working families, the elderly, the children, the sick and the poor.

Democratic socialism means that we must create an economy that works for all, not just the very wealthy.

Democratic socialism means that we must reform a political system in America today which is not only grossly unfair but, in many respects, corrupt.

He explained further, but I thought that the portion which might best clear up misconceptions was when he said what democratic socialism is not:

So the next time you hear me attacked as a socialist, remember this:

I don’t believe government should own the means of production, but I do believe that the middle class and the working families who produce the wealth of America deserve a fair deal.

I believe in private companies that thrive and invest and grow in America instead of shipping jobs and profits overseas.

I believe that most Americans can pay lower taxes – if hedge fund managers who make billions manipulating the marketplace finally pay the taxes they should.

I don’t believe in special treatment for the top 1%, but I do believe in equal treatment for African-Americans who are right to proclaim the moral principle that Black Lives Matter.

I despise appeals to nativism and prejudice, and I do believe in immigration reform that gives Hispanics and others a pathway to citizenship and a better life.

I don’t believe in some foreign “ism”, but I believe deeply in American idealism.

I’m not running for president because it’s my turn, but because it’s the turn of all of us to live in a nation of hope and opportunity not for some, not for the few, but for all.

No one understood better than FDR the connection between American strength at home and our ability to defend America at home and across the world. That is why he proposed a second Bill of Rights in 1944, and said in that State of the Union:

“America’s own rightful place in the world depends in large part upon how fully these and similar rights have been carried into practice for all our citizens. For unless there is security here at home there cannot be lasting peace in the world.”

I’m not running to pursue reckless adventures abroad, but to rebuild America’s strength at home. I will never hesitate to defend this nation, but I will never send our sons and daughters to war under false pretense or pretenses or into dubious battles with no end in sight.

In other words, despite the scare tactics employed by his opponents, including Clinton surrogates and some supporters, we are no more in danger of a Red Dawn in America than in Vermont when he was a mayor who was friendly to small business development. Sanders seeks to reform capitalism, not to replace it with true socialism.

Sanders also discussed his principles for handling ISIS after the terrorist attacks in Paris. While Hillary Clinton was calling for more military intervention in a speech the same day, Sanders pointed out that we must also avoid the mistakes of the past–the types of mistakes advocated by hawks such as Hillary Clinton:

Our response must begin with an understanding of past mistakes and missteps in our previous approaches to foreign policy. It begins with the acknowledgment that unilateral military action should be a last resort, not a first resort, and that ill-conceived military decisions, such as the invasion of Iraq, can wreak far-reaching devastation and destabilize entire regions for decades. It begins with the reflection that the failed policy decisions of the past – rushing to war, regime change in Iraq, or toppling Mossadegh in Iran in 1953, or Guatemalan President Árbenz in 1954, Brazilian President Goulart in 1964, Chilean President Allende in 1973. These are the sorts of policies do not work, do not make us safer, and must not be repeated.

Sanders called for more international cooperation, including from countries in the region. After considerably more discussion on this topic, Sanders concluded:

The bottom line is that ISIS must be destroyed, but it cannot be defeated by the United States alone. A new and effective coalition must be formed with the Muslim nations leading the effort on the ground, while the United States and other major forces provide the support they need.