In yet another stunning display self-unawareness, far-left Rep. Alexandria Ocasio-Cortez (D-NY) continues to inadvertently be the gift that keeps on giving.
On Thursday, during an interview with Yahoo Finance’s Andy Serwer, Ocasio-Cortez attacked capitalism as “not a redeemable system,” and “represents a pursuit of profit with disregard for any human, environment and social consequences run by an elite minority.”
You can forgive her if that description sounds like every socialist and government-centric system that has ever existed.
AOC says capitalism does not benefit the vast majority of Americans and is a system run by a wealthy minority https://t.co/WhvUzKvCBv
— Daily Mail US (@DailyMail) February 6, 2022
AOC Explains How Capitalism Works
Ocasio-Cortez explained to the great unwashed how capitalism works:
‘They can control our labor. They can control massive markets that they dictate and can capture governments, and they can essentially have power over the many. And to me that is not a redeemable system for us to be able to participate in for the prosperity and peace for the vast majority of people.’
She added that, at its core, capitalism is flawed because she believes that those who are engaged in it pursue profit above all else:
‘If it ultimately comes down to a billionaire or the Koch brothers or the Koch family having control over the vast majority or large plurality of our oil assets in the United States, if it’s a handful of very wealthy families having control over – you know, private families having control over means of production, that is essentially the capitalist system that we live in. It is a small group that is of privatized control over what we eat and how we fuel our society.’
.@AOC claims capitalism “is not a redeemable system.” Talk about a gap between rhetoric & reality! Instead of spending her spare time soaking up the sun unmasked in Miami, AOC should try Havana. She could then write an essay on comparative economic systemshttps://t.co/q0x83HHJME
— Steve Hanke (@steve_hanke) February 7, 2022
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But Even A Broken Clock Is Right Twice A Day
The interview with Serwer and Ocasio-Cortez turned to the topic of members of Congress buying, selling, and trading stock. A bill introduced in the Senate last month by Sens. Mark Kelly (D-AZ) and Jon Ossoff (D-GA) would ostensibly prevent members of Congress and their immediate family from owning or trading stocks.
In what just may have been a veiled swipe at House Speaker Nancy Pelosi, Ocasio-Cortez told Serwer that, “It’s not really a mystery to me why it’s difficult to pass.”
Yahoo reports that in 2020, at least 75 members of Congress that held individual stock in Johnson & Johnson, Moderna, and Pfizer.
The question becomes, of course, how “private” a company really is if they receive billions and billions from the government, in a market that is controlled by the government.
— Hamlet Garcia (@Hamletgarcia17) February 7, 2022
OK For Me But Not For Thee
But while Republicans might be able to agree with AOC on things like congressional stock trading, the fact that while she slams capitalism as inherently corrupt and unfair, since her election to congress in 2018, she has been living the good life.
She has come a long way from her days as a Manhattan bartender to New York Congresswoman. Her $174,000 salary paid by tax payers is a bit of a raise from the bartender salary.
In May of 2019, the Washington Free Beacon reported that AOC’s Tesla Model 3 was illegally parked at a Whole Foods Market. Doing a bit of sleuthing, the Free Beacon concluded that it’s likely a Model 3 Long Range, which goes for $46,000-$59,000.
Not too shabby.
After being elected to Congress, and worrying about housing costs, newly elected Ocasio-Cortez, who campaigned on affordable housing, took up residence at what The Daily Mail describes as “a luxury Washington D.C. apartment building” in the exclusive Navy Yard neighborhood.
In her defense, she may not exactly be the beneficiary of capitalism. After all, her paycheck comes from taxpayers, and she lives in a city that exists solely for government.
The Politburo also lived high on the hog.
“To me, capitalism… is the absolute pursuit of profit at all human, environmental, and social cost.” Rep. @AOC says. “What we’re also discussing is the ability for a very small group of actual capitalists… [to] capture governments. … That is not a redeemable system for us…” pic.twitter.com/U7RS2hkiJs
— Yahoo Finance (@YahooFinance) February 3, 2022