OXFORD, Miss. – Back in 1947, Republican and FBI
witch-hunters, led by their Russian-born right-wing guru Ayn Rand, went on the
attack against the movie “It’s A Wonderful Life” as Communist propaganda
because it depicted powerful banker Henry Potter as the paradigm of vicious, immoral
capitalist greed.
The only thing that saved Frank Capra’s Christmas classic
was Hollywood screenwriter John Charles Moffitt’s testimony before the U.S.
House for Un-American Committee, pointing out that the movie’s hero, played by
actor Jimmy Stewart, was himself a small businessman and the local Italian
immigrant community’s only hope of owning a home.
The movie “showed that the power of money can be used
oppressively and it can be used benevolently,” Moffitt told the committee.
Vermont Senator Bernie Sanders took that same message
to the Iowa caucuses, and that's what he did successfully in the New Hampshire primary in his bid for the Democratic
presidential nomination. Now that he won in New Hampshire after scoring a tie in Iowa, expect a lot of ramped-up talk about “socialism” down the road, maybe as much from his Democratic opponent Hillary Clinton as from
the gaggle of Republicans also wanting to be president.
Sanders calls himself a “Democratic Socialist,” the first
major politician in U.S. history since Eugene Debs (way back in 1920) using the
term “socialist” in a serious bid for the presidency. What Sanders means by that nebulous word seems
to be a literal understanding of Lincoln’s call for a “government of the
people, by the people, for the people.”
Polls indicate American voters are no longer scared of the
term. Not only has Sanders given Clinton a run for her money, a recent national
poll by CBS News/New York Times shows
that a strong majority of all Americans:
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Support raising the minimum wage;
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Believe U.S. corporations have too much power;
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Support more even distribution of wealth in the
country
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Oppose cuts in Social Security
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Support workers’ right to join a union
In other words, most Americans stand with Bernie Sanders on
these issues and in opposition to most Republican politicians.
The big question for Hillary Clinton is: Where does she
stand? “No one knows what she really believes,” The Economist once noted. It’s a fair point.
The former secretary of state and U.S. senator once
supported the NAFTA-like Trans-Pacific Partnership trade agreement, which
promises to further enrich her Wall Street friends but at the expense of
workers. Now she opposes it.
On the campaign trail, she has been mildly critical of Wall
Street—a reaction to the Amos-like Bernie Sanders’ fiery condemnation of the
princes of greed. Yet she remains close to Goldman Sachs CEO Lloyd Blankfein, a
major financial supporter, and she and her husband benefitted from hundreds of
millions of dollars Blankfein’s firm and other financial giants steered their
and their foundation’s way.
The Clinton brand has enjoyed strong support among African
Americans over the years—at least up until Bill’s attacks against Barack Obama
in the 2008 election—and Hillary looks to the South and its Super Tuesday
primaries after Iowa and New Hampshire as what has been called her “firewall” because
of the powerful black voting block in Southern Democratic primaries.
Yet closer scrutiny of both Clintons shows little
substantial support of black communities. Hillary Clinton was a forceful
advocate of her husband’s welfare reform measures in the 1990s as a way to get
“deadbeats” off the government dole. Bill Clinton’s welfare reform did nothing
to alleviate poverty, but it did do something Republicans love: cut the federal
deficit.
Hillary Clinton today talks about criminal justice reform,
yet she has never acknowledged how Bill Clinton’s Violent Crime and Enforcement
Act (VCEA) in 1994 made black communities targets in the “get tough on crime” campaign
while marching untold numbers of black males off to prison for minor crimes.
Democrat and economic populist John Bel Edwards’ victory in
Louisiana’s recent gubernatorial race may be a harbinger to Clinton that
Southerners—like in the nation as a whole—are tired of the status quo. They’re
not seeing benefits from Wall Street profits. As important as the social
triggers of abortion, gender and gay rights may be to many, the economy is the
issue to most in 2016.
Bernie Sanders has made serious inroads into Clinton
strongholds like black voters and women voters. And what’s ironical for a 74-year-old
politician his strongest constituency is young voters, many of them strapped by
college debt and uncertain job prospects.
Hillary Clinton’s biggest weapon in her arsenal remains
money, but Sanders’ grassroots fundraising is even challenging her on that
front.
In many ways, this is an election about money. Those who
have it wield lots of power. However, if this country is still the democracy
we’d like to think it is, so do the people who don’t have it.