Me thinks this article would’ve better if titled “Why the DEM gets bent went trying to redefine a topic” – PB/TK
MSNBC, Joy Reid and the Myth of Compassionate Capitalism – By Michael J. Sainato l May 10 2017
Macron’s comfortable victory in the French Presidential election is being used by neo-liberals and centrists in the United States to reaffirm the narrative of their own political agenda. MSNBC’s Joy Reid, a fervent Clinton supporter, tweeted ” we need a global conversation on how to develop a ‘compassionate capitalism’ that answers economic displacement w/ alternatives to fascism,” invoking the ‘compassionate capitalism’ myth championed by Betsy Devos’ father, Rich Devos, in a 1993 book. House Minority Leader Nancy Pelosi expressed a similar worldview perspective during a CNN Town Hall in February 2016, during which she told a millennial that the solution to the problems caused by capitalism are not progressive policies, but trying to make wealthy people more compassionate. This attitude is why Democrats are failing miserably, as they are willing to diagnose the problems of economic displacement as bad, but insist the driving causes of that displacement are inherently positive or deliberately misdiagnose them as symptomatic of a lack of identity politics.
The 2011 Citizens United Supreme Court decision exemplifies how far wealthy and corporate interests have successfully scaled back the constraints of democracy to further their own interests. Instead of challenging that status quo and disavowing ties to special interests that have hijacked American democracy through massive campaign donations and armies of lobbyists, the Democratic Party has capitulated to their takeover of the party. The leaders of the party remain silent as the ban on lobbyist and PAC donations lifted by Debbie Wasserman Schultz during the primaries has not been re-enacted. Democratic Party officials have attended closed door conferences with billionaire donors on several occasions since Hillary Clinton’s election loss to discuss and formulate party strategies moving forward without the transparency and input from voters.
Continue to counterpunch.org article: http://www.counterpunch.org/2017/05/10/msnbc-joy-reid-and-the-myth-of-compassionate-capitalism/
