Source: The American Prospect
by Harold Meyerson
“No American ever did more to create an abundant economy that benefited the working class, or more to regulate the economy in ways that constrained capital and benefited the working class, than Franklin Roosevelt. So, forgive me if I think that the real divisions within today’s Democratic Party aren’t fundamentally those separating the ‘abundance crowd’ and the pro-regulatory crowd. Those divisions are real enough, but I think they are largely stand-ins for a more fundamental set of differences about what the Democrats should do to regain the support of the American working and middle classes. The measure of a first-class mind, as F. Scott Fitzgerald once wrote, is the ability to hold two conflicting beliefs and not be paralyzed by the contradictions. In this instance, I don’t even think that the tenets of abundance-ism and those of a critique of American capitalism are necessarily or invariably counterposed.” (06/16/25)
https://prospect.org/politics/2025-06-16-real-democratic-civil-war/