AOC: Capitalism ‘Not A Redeemable System’
“Well, I think at the end of the day, it is about who has control over the very core assets of production and society. 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,” Ocasio-Cortez said.
“Now, where we can transition to and there are certain ideas where we’re talking about — for example, [Sen.] Elizabeth Warren [D-MA] has discussed workers being elected to the governing boards of companies. And also, we’re here in the Bronx. I represent a community that has the largest concentration of worker cooperatives in — you know, one of the largest concentrations in the world.”
“Now, these are alternative ways of doing business. Free markets are not the same thing as capitalism. And you can have markets where businesses and ways of producing, trading, selling goods are really controlled and not just controlled but giving more power to workers. People get a fair shake. Union jobs, unionized workplaces, all of these are different steps and levels that we’re talking about in a more just economy,” she said.