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What Is Twenty-First-Century Socialism?
The failures of communism in the twentieth century were an indictment not of socialism but of autocracy and central planning. After four decades of Gilded Age-style capitalism, it is time to give cooperative production and egalitarian distribution another try, this time through a democratic "sharing economy."
https://prosyn.org/O29m5aC
NEW HAVEN – Socialism is back on the political agenda in the United States. Two household names on the American left, US Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez, are self-declared socialists. And most of the current crop of Democratic Party presidential candidates support policies that many call socialist – single-payer health insurance, guaranteed employment, massive infrastructural investment, universal pre-school, and state-financed tertiary education. Moreover, around half of younger Americans tell pollsters that they prefer socialism to capitalism (though what they have in mind is more akin to social democracy than socialist central planning).