A Plan to Nationalize . . . Everything

-Source-National Review- Wholesale seizure and control of private property? With 2020 in her sights Warren woos the hard Left. Senator Elizabeth Warren of Massachusetts has one-upped socialists Bernie Sanders and Alexandria Ocasio-Cortez: She proposes to nationalize every major business in the United States of America. If successful it would constitute the largest seizure of private property in human history. Warrens proposal is dishonestly called the Accountable Capitalism Act." Accountable to whom? you might ask. Thats a reasonable question. The answer is as it always is accountable to politicians who desire to put the assets and productivity of private businesses under political discipline for their own selfish ends. It is remarkable that people who are most keenly attuned to the self-interest of CEOs and shareholders and the ways in which that self-interest influences their decisions apparently believe that members of the House senators presidents regulators Cabinet secretaries and agency chiefs somehow are liberated from self-interest when they take office through some kind of miracle of transcendence. Under Senator Warrens proposal no business with more than $1 billion in revenue would be permitted to legally operate without permission from the federal government. The federal government would then dictate to these businesses the composition of their boards the details of internal corporate governance compensation practices personnel policies and much more. Naturally their political activities would be restricted too. Senator Warrens proposal entails the wholesale expropriation of private enterprise in the United States and nothing less. It is unconstitutional unethical immoral irresponsible and not to put too fine a point on it utterly bonkers.