This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/us-news/2019/mar/10/elizabeth-warren-break-up-amazon-google-facebook-socialism-capitalism
The article has changed 5 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| 'A cop on the beat': Elizabeth Warren defends plan to break up tech giants | 'A cop on the beat': Elizabeth Warren defends plan to break up tech giants |
| (2 days later) | |
| Presidential hopeful Elizabeth Warren, who called this week for the breakup of America’s biggest tech companies, was challenged on her capitalist credentials on Sunday. The exchange offered a preview of how Democratic presidential candidates might handle Donald Trump’s campaign strategy of stoking fears about “socialism” in attacks on his challengers. | |
| Elizabeth Warren is right – we must break up Facebook, Google and Amazon | Robert Reich | Elizabeth Warren is right – we must break up Facebook, Google and Amazon | Robert Reich |
| Asked on CBS’s Face the Nation if she might properly be described as a capitalist, Warren, a former Republican who has done pioneering academic work in the area of consumer debt, said: “Yeah.” | |
| “I believe in markets,” the Massachusetts Democrat said. “Markets that work. Markets that have a cop on the beat and have real rules and everybody follows them.” | “I believe in markets,” the Massachusetts Democrat said. “Markets that work. Markets that have a cop on the beat and have real rules and everybody follows them.” |
| Interviewer Ed O’Keefe followed up: “So if you get labeled as a socialist –” | |
| “Well,” the senator replied, “it’s just wrong.” | “Well,” the senator replied, “it’s just wrong.” |
| It is unclear if the “socialist” charge will gain traction with voters in a negative way as the election approaches. In Gallup polling last year, 57% of Democrats said they held a positive view of socialism, compared with 47% who said the same for capitalism. It should also be noted that 6% of all poll respondents defined socialism as “being social”. | It is unclear if the “socialist” charge will gain traction with voters in a negative way as the election approaches. In Gallup polling last year, 57% of Democrats said they held a positive view of socialism, compared with 47% who said the same for capitalism. It should also be noted that 6% of all poll respondents defined socialism as “being social”. |
| There is no doubt, however, that Trump intends to paint his opponents red. | There is no doubt, however, that Trump intends to paint his opponents red. |
| “We are born free, and we will stay safe,” he said in his State of the Union address last month. “Tonight, we renew our resolve that America will never be a socialist country.” | |
| Two weeks later, Trump told an audience in El Paso, Texas: “The Democrats have never been more outside of the mainstream. They’re becoming the party of socialism, late-term abortion, open borders and crime.” | Two weeks later, Trump told an audience in El Paso, Texas: “The Democrats have never been more outside of the mainstream. They’re becoming the party of socialism, late-term abortion, open borders and crime.” |
| Warren, who among the emerging Democratic field has unique experience in designing protections for consumers against predatory lenders, credit card companies and abusive banking practices, has drawn fire for years from Republicans concerned for the wellbeing of the financial industry. | Warren, who among the emerging Democratic field has unique experience in designing protections for consumers against predatory lenders, credit card companies and abusive banking practices, has drawn fire for years from Republicans concerned for the wellbeing of the financial industry. |
| As a candidate for president, the Massachusetts senator has proposed an “ultra-millionaire tax” on the country’s 75,000 richest families, universal childcare and “a new era of strong antitrust enforcement”. | As a candidate for president, the Massachusetts senator has proposed an “ultra-millionaire tax” on the country’s 75,000 richest families, universal childcare and “a new era of strong antitrust enforcement”. |
| Booker first made a name as the hands-on mayor of Newark. Known for his focus on criminal justice reform and impassioned speeches on immigration, he has though been criticized for ties to Wall Street. | |
| Buttigieg wants to be the first openly gay millennial president. A Harvard graduate and Rhodes scholar, he became the youngest mayor of a mid-size US city at the age of 29. As a Navy Reserve lieutenant he deployed to Afghanistan while serving as mayor. | |
| Castro casts himself as an antidote to Trump and the adminstration's hardline immigration policies. The grandson of a Mexican immigrant and raised by single mother, the 44-year-old Democrat is one of the most prominent Latinos in Democratic politics. | |
| He has delivered his message of pragmatism to voters in all 99 of Iowa’s counties since he officially kicked off the race in July 2017. The multimillionaire banking entrepreneur wants to build a big-tent party that appeals to independents and moderate Republicans. | |
| An Iraq war veteran who has vowed to run a campaign focused on issues of “war and peace”. Gabbard made history as the first Samoan American and the first Hindu elected to Congress. But she has drawn criticism for meeting with Syria’s president Bashar al-Assad, and progressives are wary of her past conservative views on on social issues. | |
| Years before the #MeToo movement, the New York senator was leading efforts in Congress to combat sexual assault in the military and on college campuses. The former corporate lawyer has embraced a slate of economic ideas supported by the party’s progressive wing. | |
| Harris is one of Trump’s fiercest critics, and has built a national reputation grilling administration officials during their confirmation hearings. A former state attorney general and the daughter of immigrants from India and Jamaica, Harris believes she has the unique profile to take on Trump. | |
| Before he served two terms as governor of Colorado, the 67-year-old Democrat worked as a geologist for a petroleum company. After a lay off, he switched careers and opened a successful brewpub in Denver that helped to revitalize the city’s downtown. | |
| Inslee is running as the “only candidate who will make defeating climate change our nation’s number one priority”. As the country experiences more powerful hurricanes, scorching wildfires and submerged coastlines, polls show public concern is growing. | |
| On Election Night 2018, Klobuchar coasted to a third term as senator in a state Trump almost won. Next morning she was on every short list of potential presidential candidates. Supporters say her success with rural voters makes her a formidable candidate in the Rust Belt, while her calm demeanour provides a clear contrast with Trump. | |
| Sanders turned a long-shot, anti-establishment bid for the presidency into a “political revolution” that energized the party’s progressive base. His political career began nearly 40 years ago, but it wasn’t until his 2016 run that Sanders became a national figure as a new generation of Democrats – and 2020 contenders – embraced his populist economic policies. | |
| Her sharp criticism of Wall Street and big corporations has made Warren a favorite among progressive activists, and she will campaign on a message of a rigged economic system and income inequality. | |
| This is not the spiritual guru and a new age author’s first foray into politics: in 2014, she mounted an unsuccessful congressional bid in California. Her entry adds some star-power to the race that may attract more celebrities. | |
| A former tech executive and entrepreneur running the longest of long shot campaigns centered on the perils of automation. His central plank is a plan to give every American adult a salary of $1,000 per month, paid for by a tax on companies that benefit the most from automation. | |
| Lauren Gambino and Sam Morris | |
| Most of her proposals would fit comfortably in the campaign platforms of her fellow Democratic contenders. But her proposal to break up the tech giants Amazon, Facebook and Google has attracted a burst of attention – and attacks. | |
| Asked about Warren’s plan on CNN’s Face the Nation, the Washington state governor, Jay Inslee, described a need “to protect Americans in this new economy” but declined to join Warren in her call for a tech breakup. Amazon is based in Seattle. | |
| Warren’s call could have some bipartisan appeal. Writing in the Guardian on Sunday, the Clinton labor secretary Robert Reich said support for breaking up the tech giants was bipartisan. He quoted the Missouri Republican Josh Hawley, who told him: “Every day brings some creepy new revelation about these companies’ behaviors. Of course the public is going to want there to be action to defend their rights. It’s only natural.” | |
| Warren speaks much more directly to the issue. Explaining her proposal at the South by Southwest (SXSW) festival in Austin, Texas, on Saturday, she drew a baseball analogy. | Warren speaks much more directly to the issue. Explaining her proposal at the South by Southwest (SXSW) festival in Austin, Texas, on Saturday, she drew a baseball analogy. |
| Why vote for Sanders when you can have Elizabeth Warren instead? | Moira Donegan | Why vote for Sanders when you can have Elizabeth Warren instead? | Moira Donegan |
| “You can be an umpire – a platform – or you can own teams,” she said. “But you can’t be an umpire and own one of the teams that’s in the game.” | “You can be an umpire – a platform – or you can own teams,” she said. “But you can’t be an umpire and own one of the teams that’s in the game.” |
| On Sunday, Warren declined to turn her proposal into the argument over “isms” that Trump is spoiling for. | On Sunday, Warren declined to turn her proposal into the argument over “isms” that Trump is spoiling for. |
| “I believe in a level playing field,” Warren told CBS. “And as long as we’ve got that then we will get the best out of markets because it means the people who come up with great ideas, who work hard, are the ones who will prosper, not simply those who were born into wealth.” | |
| The rising Democratic star Alexandria Ocasio-Cortez also appeared at SXSW. Speaking on Saturday night, the New York congresswoman said that because “capitalism is an ideology of capital” and “the most important thing is the concentration of capital and to seek and maximize profit”, to her, “capitalism is irredeemable”. | |
| The remark was duly seized upon on the right. | The remark was duly seized upon on the right. |
| Elizabeth Warren | Elizabeth Warren |
| US elections 2020 | US elections 2020 |
| Democrats | Democrats |
| US politics | US politics |
| Socialism | Socialism |
| Amazon | Amazon |
| news | news |
| Share on Facebook | Share on Facebook |
| Share on Twitter | Share on Twitter |
| Share via Email | Share via Email |
| Share on LinkedIn | Share on LinkedIn |
| Share on Pinterest | Share on Pinterest |
| Share on WhatsApp | Share on WhatsApp |
| Share on Messenger | Share on Messenger |
| Reuse this content | Reuse this content |