Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Saturday called capitalism “irredeemable.”
“Capitalism is an ideology of capital — the most important thing is the concentration of capital and to seek and maximize profit,” she said during an interview at the South by Southwest conference in Austin, Texas, according to Bloomberg News.
“To me, capitalism is irredeemable,” she added, arguing that capitalism’s goals come at a cost to people and the environment, Bloomberg reported.
The congresswoman, who has described herself as a democratic socialist, added during her interview that “we should be scared.”
“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,” she said.
Read more at The Hill.