Sunday, July 10, 2016

Elizabeth Warren’s recent brilliant speech on what ails the US economy just might ‘change the election’

Don Hazen, AlterNet

In the Sanders/Clinton battle for the presidential nomination, Elizabeth Warren stayed on the perimeter. She wasn’t quiet, that’s for sure. But she was the only woman in the Senate not to endorse Hillary, no doubt frustrating many women. She didn’t endorse Bernie, either, making many in the Bern crowd angry. She was threading the needle, as few can do. Warren has now embraced Hillary, which seems appropriate, and is campaigning aggressively with her. This is accompanied by considerable speculation about whether Hillary has the vision, and perhaps the chutzpah, to step out of her cautiousness and tap Warren to be her vice-president. And Warren has been the chief Twitter thorn in Trump’s side—an important job these days. But beyond the presidential maneuvering, Warren is articulating a brilliant (if not obvious) critique of what ails our economy, and it is not just the banks. As Paul Glastris wrote in the Washington Monthly, Warren has:
“…. extended her critique to the entire economy, noting that, as a result of three decades of weakened federal antitrust regulation, virtually every industrial sector today—from airlines to telecom to agriculture to retail to social media—is under the control of a handful of oligopolistic corporations. This widespread consolidation is ‘hiding in plain sight all across the American economy,’ she said, and ‘threatens our markets, threatens our economy, and threatens our democracy.'”

No comments: