Social Democracy Beats Democratic Socialism (Project-Syndicate)

Now that US Senator Bernie Sanders has emerged as a leading contender for the Democratic Party’s presidential nomination, his brand of democratic socialism warrants closer scrutiny. Simply put, it is neither a close approximation of the “Nordic model” that Sanders often invokes nor a solution to what ails the American economy.

https://www.project-syndicate.org/commentary/social-democracy-beats-democratic-socialism-by-daron-acemoglu-2020-02

Daron Acemoglu, Professor of Economics at MIT, is co-author (with James A. Robinson) of Why Nations Fail: The Origins of Power, Prosperity and Poverty and The Narrow Corridor: States, Societies, and the Fate of Liberty.

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