Elizabeth Warren defends capitalism as ‘force for good,’ splitting with Ocasio-Cortez

Elizabeth Warren has come to the defense of capitalism … sort of.

Sen. Warren, D-Mass., agreed that capitalism historically has been a “force for good” during an interview Wednesday on MSNBC’s “Morning Joe.”

The 2020 presidential candidate also referred to herself as a capitalist “down to [her] bones,” before saying regulations must be in place to make the system run smoothly.

“I believe in markets, I see the benefits that markets can produce,” she said. “When there’s a cop on the beat, those markets start to work again.”

CRITICS POUNCE AS WARREN SAYS SHE HAS ‘ZERO’ SYMPATHY FOR PARENTS IN COLLEGE ADMISSIONS BRIBE SCANDAL

“Banks, in that case, are forced to develop their profit models, not on cheating people, but on actually offering a better product.”

Warren added: “I think it also, when it doesn’t work, it’s been a force for bad, but that’s been true of every form of government that we can identify. We’ve gotten it right sometimes, and we’ve gotten it wrong sometimes. When you let markets work with rules and with people on the beat to enforce those rules, we can produce a lot of wealth in this country.”

No comments yet - you can be the first!

Comments are closed.

Do you Love your country but hate your government?

Join your fellow Libertarians who seek a world of liberty; a world in which all individuals are sovereign over their own lives and no one is forced to sacrifice his or her values for the benefit of others. Join over 500,000 Americans who get their daily dose of minimal government and maximum freedom with The New Liberty Movement.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.