Socialism for the elites
i Getty Long-read Socialism for the elites America’s left-wing insurgency relies on billionaire donors and a highly credentialed voter base. dataLayer.push({ event: 'author', author: "Joel Kotkin" }) Joel Kotkin Columnist 24th July 2026 Share Topics Long-reads USA World Want unlimited, ad-free access? Socialism is au courant in America today, though in its 21st-century form, it is less a rebellion of the proletariat than a by-product of the capitalist elite. Through its continued efforts to decrease the returns to human labour and by financing the very groups and ideologies increasingly dedicated to its overthrow, socialism has found fertile ground.
- ▪i Getty Long-read Socialism for the elites America’s left-wing insurgency relies on billionaire donors and a highly credentialed voter base. dataLayer.push({ event: 'author', author: "Joel Kotkin" }) Joel Kotkin Columnist 24th July 2026 Sha
- ▪Socialism is au courant in America today, though in its 21st-century form, it is less a rebellion of the proletariat than a by-product of the capitalist elite.
- ▪Through its continued efforts to decrease the returns to human labour and by financing the very groups and ideologies increasingly dedicated to its overthrow, socialism has found fertile ground.
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i Getty Long-read Socialism for the elites America’s left-wing insurgency relies on billionaire donors and a highly credentialed voter base. dataLayer.push({ event: 'author', author: "Joel Kotkin" }) Joel Kotkin Columnist 24th July 2026 Share Topics Long-reads USA World Want unlimited, ad-free access? Become a spiked supporter. Socialism is au courant in America today, though in its 21st-century form, it is less a rebellion of the proletariat than a by-product of the capitalist elite. Through its continued efforts to decrease the returns to human labour and by financing the very groups and ideologies increasingly dedicated to its overthrow, socialism has found fertile ground. Today, more than one in four Americans waves the red flag. And no wonder.
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