Kamala Harris and Her Socialism with 1930s-German Characteristics

“I believe an active partnership between government and the private sector is one of the most effective ways to fully unlock economic opportunity. And that is what I will do when I am president, I will target the major barriers to opportunity and remove them. We will identify common sense solutions to help Americans buy a home, start a business and build wealth, and we will adopt them.” – Harris

In other words, she is promising that a Harris regime would not overtly seize the means of production from their current owners as Communist revolutionaries would, but instead would force those owners to accept the Harris administration as their active “partner” in making decisions about production. Evidently, she conceives of “opportunity,” not as something that capitalists are naturally incentivized to pursue by seeking profits and avoiding losses in the context of peacefully-acquired ownership rights and voluntary market exchanges, but rather as something that has to be incentivized by compulsory obedience to bureaucratic orders emanating from a central planning office under her allegedly beneficent leadership.

Of course, it is false advertising to label oneself a “capitalist” when one would compel capitalists to hand over effective control over their businesses to their new “partner” from the government. Such a system of compulsion is, as Ludwig von Mises explained, just as much a form of socialism as Communism is

https://mises.org/mises-wire/kamala-harris-and-her-socialism-1930s-german-characteristics