In mainstream political discourse a big shift is currently taking place towards the favor of “Democratic socialism” as Americans are becoming more disenfranchised with the capitalist status quo. That is, the status quo of state-capitalism, otherwise known as corporatism, wherein government intervention in the form of corporate welfare on behalf of big business stifles the market in favor of monopoly, in direct opposition to the true free market principle of voluntary enterprise, as explained by economist Murray Rothbard some decades ago.
This swing of the pendulum from one side of the statist paradigm to the other is a subject we here at The Free Thought Project have discussed for years now, and it is one that the people should not be fooled by. Yet, with the permeating influence of old guard progressives the likes of Bernie Sanders, and in more recent years rising figures like Alexandria Ocasio Cortez, state-socialist sentiment has grown to influence the rise of a new wave of self identified democratic socialists, the most prominent among them being New York City’s recently elected mayor Zorhan Mamdani, along with a few other self styled democratic socialists making headway in their runs for office.
On the other side of the aisle, with midterms approaching, Republican talking heads have been ramping up their own fear mongering rhetoric akin to Cold War “Red Scare” propaganda in an attempt to drag their sullied reputation out of the mud enough to maintain some kind of political momentum. Such as with Speaker of the House Mike Johnson’s recent remarks deriding the Democratic Socialists of America’s platform, that unintentionally came off sounding more like an endorsement than genuine condemnation; Or President Trump doing his best Joseph Mccarthy impersonation when recently espousing that “communism is the greatest threat to our country”, despite the fact that to date there is no meaningful communist movement to be found anywhere in the United States.