There Are Very Few Socialists in America: Krugman

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There Are Very Few Socialists in America

July 2, 2026 at 6:40 am EDT By Taegan Goddard 118 Comments

https://politicalwire.com/2026/07/02/there-are-very-few-socialists-in-america/

Paul Krugman: “The fact is that very few Americans — even among politicians who call themselves ‘democratic socialists’ — are really socialists.”

”What many, I’d say a majority, of Americans support is what Europeans call social democracy — an ideology that is OK with living in a mostly market-driven economic system in which some people make much more money than others, but one that advocates policies to tame markets and inequality with progressive taxation, safety net programs, and regulations.”