Cornyn Slams AOC for Calling Capitalism ‘Irredeemable’

‘More than a little irony that she chose Texas, the most successful free enterprise economy in our nation…’

(Kaylee McGhee, Liberty Headlines) Sen. John Cornyn, R-Texas, slammed Democratic socialist Rep. Alexandria Ocasio-Cortez, D-N.Y., on the Senate floor Monday for her extreme views on capitalism, and called on congressional Democrats to reject her socialist fantasies that threaten to “bankrupt our country.”

“Over the weekend one Democratic member of the House who was speaking at South by Southwest in Austin, my hometown, referred to capitalism as ‘irredeemable,’ trying to blame capitalism for every problem that exists in our society,” Cornyn said, referring Ocasio-Cortez. “Of all places to complain about the perils of capitalism. There’s more than a little irony that she chose Texas, the most successful free enterprise economy in our nation.”

At tech conference, Ocasio-Cortez said capitalism’s costs outweight its benefit, and slammed the U.S. for refusing to abandon it.

“Capitalism is an ideology of capital — the most important thing is the concentration of capital and to seek and maximize profit,” she said. “To me, capitalism is irredeemable. Just as there’s all this fearmongering that government is going to take over every corporation and government is going to take over every business or every form of production, we should be scared right now because corporations have taken over our government.”

Ocasio-Cortez praised “democratic” socialism because it places the emphasis on “democracy” and workers’ rights.

“It’s just as much a transformation about bringing democracy to the workplace so that we have a say and that we don’t check all of our rights at the door every time we cross the threshold into our workplace,” she said. “Because at the end of the day, as workers and as people in society, we’re the ones creating wealth.”

Cornyn said capitalism is what allowed Texas to become an “economic powerhouse and the envy of the nation,” he said.

“We keep taxes low, government spending restrained, and regulations at a rational minimum to give people and the small businesses that provide the jobs the freedom to pursue their dreams and to prosper,” Cornyn said.

“In Texas we believe that less government is more. We don’t try to centralize power in the state house. We give businesses, entrepreneurs, and hardworking Texans of all backgrounds, ethnicities, and race the freedom by which they can create their own opportunities,” he continued. “I pray that our country never sees that day, that it’s brought to ruin because of these 21st century socialists.”