What Would Life Under President Sanders Actually Look Like?

The Vermont socialist’s plan to make the United States more like Scandinavia.

Jacquelyn Martin/AP

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When ABC’s George Stephanopoulos asked Bernie Sanders earlier this year whether a self-proclaimed socialist could be elected president, the candidate brought up Scandinavia. “In those countries, by and large, government works for ordinary people in the middle class rather than…for the billionaire class.”

“I can hear the Republican attack ad right now,” Stephanopoulos replied. “‘He wants America to look more like Scandinavia.'” Sanders didn’t hesitate. “That’s right. And what’s wrong with that?” How would Sanders Scandinavian-ize the US? Here are his big ideas:

Double the minimum wage. Congress can’t pass a $10 minimum wage. Sanders thinks it just isn’t shooting high enough—he wants $15, or more than double the current rate.

Tax the rich. (And tax them. And tax them.) He endorses a return to Eisenhoweresque tax rates of potentially more than 50 percent for Americans in the highest tax brackets.

Cap and tax. Right now, companies deduct “performance-based” executive compensation, such as bonuses and stock options. But Sanders wants them to pay taxes on these perks if the gap between top and bottom salaries exceeds a certain percentage—or they could spread the wealth to the low-wage workers at the bottom of the scale.

Universal Medicare. Sanders voted for the Affordable Care Act, but he still dreams of a single-payer system—Medicare for everyone.

Make Wall Street pay for college. Tax every Wall Street transaction—the so-called “Robin Hood tax”—and use the money to make tuition free at public colleges and universities.

Seize the means of production. Kinda. Provide loans to workers who want to buy a stake in their companies, in order to spread profits across the workforce—not just the 1 percent.

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WHO DOESN’T LOVE A POSITIVE STORY—OR TWO?

“Great journalism really does make a difference in this world: it can even save kids.”

That’s what a civil rights lawyer wrote to Julia Lurie, the day after her major investigation into a psychiatric hospital chain that uses foster children as “cash cows” published, letting her know he was using her findings that same day in a hearing to keep a child out of one of the facilities we investigated.

That’s awesome. As is the fact that Julia, who spent a full year reporting this challenging story, promptly heard from a Senate committee that will use her work in their own investigation of Universal Health Services. There’s no doubt her revelations will continue to have a big impact in the months and years to come.

Like another story about Mother Jones’ real-world impact.

This one, a multiyear investigation, published in 2021, exposed conditions in sugar work camps in the Dominican Republic owned by Central Romana—the conglomerate behind brands like C&H and Domino, whose product ends up in our Hershey bars and other sweets. A year ago, the Biden administration banned sugar imports from Central Romana. And just recently, we learned of a previously undisclosed investigation from the Department of Homeland Security, looking into working conditions at Central Romana. How big of a deal is this?

“This could be the first time a corporation would be held criminally liable for forced labor in their own supply chains,” according to a retired special agent we talked to.

Wow.

And it is only because Mother Jones is funded primarily by donations from readers that we can mount ambitious, yearlong—or more—investigations like these two stories that are making waves.

About that: It’s unfathomably hard in the news business right now, and we came up about $28,000 short during our recent fall fundraising campaign. We simply have to make that up soon to avoid falling further behind than can be made up for, or needing to somehow trim $1 million from our budget, like happened last year.

If you can, please support the reporting you get from Mother Jones—that exists to make a difference, not a profit—with a donation of any amount today. We need more donations than normal to come in from this specific blurb to help close our funding gap before it gets any bigger.

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