Politics: O’Rourke calls America’s capitalist economy ‘racist’ - PressFrom - US

PoliticsO’Rourke calls America’s capitalist economy ‘racist’

22:00  15 march  2019
22:00  15 march  2019 Source:   politico.com

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O’Rourke calls America’s capitalist economy ‘racist’© Chip Somodevilla/Getty Images Democratic presidential candidate Beto O'Rourke talks with voters during his second day of campaigning for the 2020 nomination at Central Park Coffee Company on March 15 in Mount Pleasant, Iowa.

MOUNT PLEASANT, Iowa — Beto O’Rourke said Friday that America’s capitalist economy is “racist,” while praising a proposal to give infants so-called “baby bonds” to address systemic inequalities.

Responding to a question at a meet-and-greet in Iowa about whether he is a socialist, O’Rourke reiterated that “I consider myself a capitalist” and said capitalism is necessary to meet myriad “historic challenges” facing the country.

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“It won’t be government intervention or policy alone that makes it possible,” he said.

However, O’Rourke added at a coffee shop here, “Having said that, it is clearly an imperfect, unfair, unjust and racist capitalist economy.”

On Friday, O’Rourke lamented “the disparity in wealth accumulation between white America and black America,” and spoke favorably about a proposal to give infants a “baby bond” of hundreds of thousands of dollars at birth — an idea Sen. Cory Booker (D-N.J.) has embraced.

“This idea of a baby bond, where there’s an investment made in every single American depending on their means, will not solve every problem in disparity in wealth and income and opportunity in this country,” O’Rourke said. “But it could go a long way to ensuring that there’s a little bit more fairness in this country.”

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O’Rourke, the former Texas congressman who became a Democratic sensation following his near-miss Texas Senate race last year, had opened his second day as a presidential candidate with an impassioned response to the mass shootings at two mosques in New Zealand. While offering prayers and thoughts, he said, “I hope that you will agree with me that it is not enough just to be compassionate, thoughtful and prayerful at this moment.”

He said such “acts of hatred and violence … are on the rise around the Western World.”

“They’re on the rise right here in this country,” O’Rourke said. “They’re part of a larger disease of intolerance that has taken hold in what was thought to be the most tolerant, most open and most welcoming country the world had ever known.”

Jared Kushner's brother made last-minute donation to Beto O'Rourke Senate campaign.
Joshua Kushner donated $2,600 to the then-El Paso congressman, according to Open Secrets, as first reported by Axios. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); O'Rourke is now vying to challenge President Trump, Jared Kushner's boss, in the 2020 presidential election. O'Rourke launched his 2020 presidential campaign last week, just months after falling short in his effort to unseat Republican Sen. Ted Cruz (R-Texas).

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