acemoglu17_ Alex WongGetty Images_bernie sanders Alex Wong/Getty Images

Social Democracy Beats Democratic Socialism

Now that US Senator Bernie Sanders has emerged as a leading contender for the Democratic Party's presidential nomination, his brand of democratic socialism warrants closer scrutiny. Simply put, it is neither a close approximation of the "Nordic model" that Sanders often invokes nor a solution to what ails the American economy.

CAMBRIDGE – It used to be an unwritten rule of US politics that a socialist could never qualify for high national office. But now a self-proclaimed “democratic socialist,” US Senator Bernie Sanders, is the leading candidate for the Democratic presidential nomination. Should America embrace the change?

https://prosyn.org/DBjxvky