Democrats Love Socialism...Why?
Larry Elder > Video
Friday, August 28, 2026
Larry Elder explores the growing sentiment among Democrats favoring socialism over capitalism. Elder questions whether this preference stems from a misunderstanding of socialism's true definition, which involves government ownership of the means of production, rather than welfare programs. He cites prominent figures like Thomas Sowell, who argues that President Obama's policies exemplify government control over the economy without private ownership. Elder also discusses how historical figures like Mussolini and Hitler, often embraced by the left, were actually fascists who favored state control over markets. He contrasts this with the Nordic model praised by Bernie Sanders, pointing out that countries like Denmark and Sweden have market economies with extensive welfare states, not socialist ones. Elder raises concerns about emulating systems like the UK's NHS and Canada's healthcare, which face significant public dissatisfaction and long wait times.
