This is a great read!
Robert Sterling
@RobertMSterling
People need to stop overreacting about Kamala’s plan to reduce food inflation, as if it would lead to communism, mass starvation, and the end of America.
I worked in M&A in the food industry. Here’s a step-by-step summary of what would actually happen:
1/5
The policies mentioned in Kamala Harris's speech, such as combating price gouging, capping prescription drug costs, and supporting the middle class through government intervention, are not inherently "communism." They fall under the broader category of social democracy or progressive capitalism, where the government plays a role in regulating the economy to address issues like inequality and protect consumers. Communism, by contrast, involves the state owning all means of production and abolishing private property, which these policies do not advocate.
