Bernomics

Bernie Sanders believes that both the economy and society should be run democratically—to meet public needs.

Bernie Sanders in front of an American flag

Fundamental tenets of Bernie’s Democratic Socialism (Social Democracy):

➀ The American government must create a proper legal environment for the economy and maintain a healthy level of competition. Without the state fostering competition, firms with monopoly (or oligopoly) power will emerge, which will not only subvert the advantages offered by the market economy, but also possibly undermine good government, since strong economic power can be transformed into political power.

➁ The American economy must aim to combine free initiative and social progress on the basis of a competitive economy.This type of economy is opposed to laissez-faire policies and to socialist economic systems and combines private enterprise with regulation and state intervention to establish fair competition, maintaining a balance between a high rate of economic growth, low inflation, low levels of unemployment, good working conditions, social welfare, and public services.

➂ In America we must Shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbors and the broader public. As a means to securing full economic rights, it opens a path to full political rights.

➃ In America we must place a priority on the well-being and sustainability of the entire community, not just the lucky few. The community could be a metropolitan area, region, or an entire country.


Social Democrats seek to safeguard popular sovereignty by managing Capitalism and protecting society from it’s more destructive effects.


✪ Virtuous Cycle Economics ✪

American Progressive Social Democrats have not abandoned the principles that fostered broader economic prosperity during America's "Golden Age" of economic expansion, and vitalized Franklin D. Roosevelt's Ne...

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❝To me, socialism doesn’t mean state ownership of everything, by any means, it means creating a nation, and a world, in which all human beings have a decent standard of living.❞    

― Berni...

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Bernie’s Perspective

Bernie believes that by directing government spending (which includes expenditures for purchases of goods and services - consumption/investments) to more purposive social ventures, we'll provide systemic solutions to achieve...

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