Socialism's resurgence in American cities faces economic reality test
By
Megan McArdle
Summary
A short opinion piece arguing that socialism is experiencing a resurgence in America, with Democratic socialists winning key city elections (Seattle, NYC, and likely D.C.). The author, an aging Gen Xer, expresses skepticism that this popularity will last once voters face the economic realities, such as wealthy individuals relocating to avoid higher taxes.
Source
Twitter / XSocialism's resurgence in American cities faces economic reality testwashingtonpost.comKey quotes
· 3 pulledIt has never been a better time in America to be a socialist.
We aging Gen Xers who thought that socialism had been decisively refuted by the fall of the Berlin Wall have been refuted ourselves.
Taxing the rich sounds good, until they move away.
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