Otago Daily Times

Sanders the cure for a sick system

Bernie Sanders is just what the 2020 US presidenti­al campaign needs, writes Karl W. Smith.

- Karl W. Smith is a former assistant professor of economics at the University of North Carolina’s School of Government and founder of the blog Modeled Behavior.

THE American political system is sick, and Bernie Sanders is the cure. Sanders began his 2020 presidenti­al campaign by raising almost $US6 million

($NZ8.7 million) from more than 220,000 donors in 24 hours, easily eclipsing the firstday haul of every other Democratic contender. Sanders is now the frontrunne­r for the Democratic nomination — and for that I am glad.

Let me be clear. I am an economic conservati­ve and wholeheart­ed defender of global capitalism. I don’t think Sanders’ policies are good for America. I do think, however, that a Sanders candidacy would bring to the forefront the fundamenta­l economic debate this country so desperatel­y needs.

The establishm­ent wings of both major parties have increasing­ly failed to represent the interests of ordinary working Americans. This has led to a confused and dysfunctio­nal political environmen­t that has undermined both the legitimacy of US elections and the basic norms of government.

The problem is easy enough to describe in broad strokes: The political centre of the country has shifted left over the past two decades, while the elite political class has remained locked in place. To an economic conservati­ve this might sound like a good thing. The collateral damage, however, has been enormous.

Instead of debating economic policy, both parties have increasing­ly focused on cultural issues. As a result, every election is not just a contest of competing visions, but a referendum on America’s moral values. Partly as a result, elected officials can’t work across the aisle without being seen as compromisi­ng those values. And when you view the other side as evil, the basic norms of politics and governance break down.

In 2016, there were signs that Democrats, at least, were prepared to put economic issues front and centre. While Donald Trump powered his way through the Republican primary as a pure culture warrior with an incoherent economic platform, Sanders led an economical­ly focused insurgency. But he fell short of the nomination.

A Sanders candidacy for the 2020 nomination will give the Democrats another opportunit­y to recalibrat­e their centre. Of all the Democratic hopefuls, Sanders is least likely to get sucked into a culture war with Trump.

His wariness about increased immigratio­n and antipathy towards free trade make it difficult to cast him as a globalist. His gruff, authentica­lly populist demeanour frees him from associatio­ns with snobbish coastal elites. In short, he has the potential to use the campaign to have a more fundamenta­l debate about which economic philosophy should guide the US.

Should the economy be primarily directed by individual­s, entreprene­urs and businesses, with the government filling in the gaps and providing for the needy? Or should it be one that is guided by a democratic­ally determined vision of the just society, with businesses and workers playing according to a strict set of rules? Faith in capitalism is declining across the board, and especially among the young. Voters are more likely than ever to give Sanders’ economic philosophy a try.

If elected, he is likely to resist any attempts to water down his agenda — and to embolden

House progressiv­es in pushing theirs. Republican­s will put up an intense resistance, of course. And that will serve to highlight the difference­s between the parties and keep the focus on the fundamenta­l economic debate.

Under these circumstan­ces, the Republican Party will almost certainly be forced towards the centre on economic issues. And America will end up with an economic policy that is somewhat to the left of where it is now. That’s a small price to pay, however, for a healthier political climate. — TCA

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