21 Dec 2020
House Representative-elect and new “Squad” member Jamaal Bowman (D-NY) proclaimed Monday that capitalism is “slavery by another name.”
Bowman said in an interview with The Root:
I believe our current system of capitalism is slavery by another name. We’ve moved from physical chattel enslavement and physical racial segregation to a plantation economic system. One that keeps the majority of Americans unemployed, or underemployed and struggling just to survive, while the power elite continues to concentrate wealth in the hands of a few, and allow large corporations to pretty much run the world as multinational corporations.
“The pandemic has revealed it. With almost 300,000 dead from the pandemic, disproportionately black and brown, and Jeff Bezos is the first $200 billionaire,” he added. “In the next six years, he might become the first trillionaire. That’s slavery by another name. It’s a system that’s not working, so we need a new system.”