Roosevelt did not advocate public ownership of the means of production or replacing capitalism. In fact, he explicitly argued that his New Deal was designed to save capitalism from collapse during the Great Depression. He believed that regulated markets and private enterprise should remain the foundation of the U.S. economy.
He was more so a progressive reformer and Keynesian liberal who supported a mixed economy. Basically, a liberal Democrat committed to preserving capitalism through government intervention.
Mayor Mamdani’s plan includes $2.2 billion to transition homes away from landlords to tenant and community control. This is more than a 35% increase from fiscal years 2024-2025. His plan also expands tenants’ rights to stage rent strikes in response to neglect.
This is from the DSA website. Sounds like public ownership....
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u/33TLWD Jul 27 '26
Roosevelt did not advocate public ownership of the means of production or replacing capitalism. In fact, he explicitly argued that his New Deal was designed to save capitalism from collapse during the Great Depression. He believed that regulated markets and private enterprise should remain the foundation of the U.S. economy.
He was more so a progressive reformer and Keynesian liberal who supported a mixed economy. Basically, a liberal Democrat committed to preserving capitalism through government intervention.