Steyer and now Bloomberg running for President are an argument against the sort of capitalism practiced in America.
They're badly misjudging the primary. Steyer blew $20 million making barely a ripple in the polls, which I expect will be precedent for Bloomberg doing the same. Most Democratic primary voters have at least one option they like already and will scowl at you for trying to buy the nomination. If you want to stop Warren / Sanders, you should donate to Pete or whoever rather than fragmenting the moderate vote further. It's a dumb plan, on any plausible construal of what they might want.
So letting billionaires who make plans like this have the vast power over society and the economy that American capitalism does -- are we expecting that to turn out well?
They're badly misjudging the primary. Steyer blew $20 million making barely a ripple in the polls, which I expect will be precedent for Bloomberg doing the same. Most Democratic primary voters have at least one option they like already and will scowl at you for trying to buy the nomination. If you want to stop Warren / Sanders, you should donate to Pete or whoever rather than fragmenting the moderate vote further. It's a dumb plan, on any plausible construal of what they might want.
So letting billionaires who make plans like this have the vast power over society and the economy that American capitalism does -- are we expecting that to turn out well?
