US Rep. Kennedy: Democrats should embrace “moral capitalism”
Posted November 28, 2018 3:59 pm.
This article is more than 5 years old.
BOSTON — U.S. Rep. Joe Kennedy is urging fellow Democrats to adopt a new economic ideology — what he’s calling “moral capitalism” — as they prepare to take control of the House in January.
Kennedy said the push is a rebuke to what he describes as the “trickle-down, feed-the-top, if-you’re-struggling-try-harder narrative” of conservatives.
It’s a narrative he says President Donald Trump has used to divide Americans, many of whom share similar economic worries despite holding opposing political views.
The Massachusetts Democrat, without naming names, also chided those on the political left, who he said have failed to come up with a way to counter Trump’s zero-sum game world view.
The 38-year-old grandson of former U.S. Attorney General Robert F. Kennedy has said he has no plans to run for president in 2020.
Steve Leblanc, The Associated Press
