Home
/
RELIGION & LIBERTY ONLINE
/
Bernie Sanders: ‘Thank God’ for capitalism
Bernie Sanders: ‘Thank God’ for capitalism
Jan 11, 2026 12:31 PM

Senator Bernie Sanders (I-VT) rarely expresses thanks to the divine, much less for the system of global capitalism. When the democratic bines both sentiments, as he did this weekend, it is worth reporting.

Sanders’ statement takes on greater significance given the context of his interviewer’s question: Bernie Sanders credited capitalism with lifting 1.2 billion people out of extreme poverty.

The moment came during an interview with John Harwood of CNBC. After Harwood asked the Democratic presidential hopeful a series of questions about socialism, he alluded to World Bank data showing that capitalism has moved most of the global poor out of the shadow of death:

Harwood: How do you factor in the significance of the fact that modern, global capitalism has substantially reduced poverty in other parts of the world?

Sanders: When you talk about the global economy, you’re right. Thank God. The terrible, terrible poverty that has been seen in the developing world, some of that is receding. That’s great. On the other hand, you are looking at an unbelievable and grotesque level of global e and wealth inequality. And you’re also seeing, not only massive e and wealth inequality, but in many countries a movement toward increased authoritarianism and away from human rights and democracy.

This elicits a few reflections.

First, Sanders did not quibble with the premise of the question – as he did many of Harwood’s other questions during the interview. In the past, Sanders has hinted that socialism improved, e.g., the Chinese economy. Although he noted that “China is a country that is moving unfortunately in a more authoritarian way,” Sanders said, “in fairness to China” that “its leadership” has “made more progress in addressing extreme poverty than any country in the history of civilization, so they’ve done a lot of things for their people.” The World Bank hasobservedthat “more than 850 million people have lifted themselves out of poverty” in China alone since Beijingadopteda heavily state-regulated (but still freer) form of crony capitalism in place of socialism in 1978. So, Sanders acknowledges that global capitalism has moved a former socialist nation away from mass starvation.

Second, Sanders’ pivot to highlighting e inequality” perfectly illustrates Margaret Thatcher’s rejoinder to a British MP that socialists care less about human flourishing than grounding everyone down to mon level of misery. Shefamously quipped: “He would rather that the poor were poorer, provided that the rich were less rich. … So long as the gap is smaller, they would rather have the poor poorer. You do not create wealth and opportunity that way. You do not create a property-owning democracy that way.”

Third, Sanders injected the issue of “wealth inequality,” which is misleading for reasons I detail here.

Fourth, Sanders discussed global e inequality, raising the possibility that he has a more ambitious plan than merely redistributing wealth between U.S. citizens. Nearly one-quarter of all Americans – more than 102 million – rank in the top 10 percent of the richest people in the world, according to the2018 Global Wealth Reportfrom the Credit Suisse Research Institute.

You only need assets of $4,210 to be above the international average and, hence, eligible to have your e redistributed on a global scale. This bears additional scrutiny.

Finally, Sanders’ off-the-cuff remark proves how firmly the West was founded upon the rock of Judeo-Christian values. Sanders – who describes himself as “not particularly religious” and “not actively involved in organized religion” – knows instinctively that all thanks rightly belong to God. And removing the likelihood of malnutrition and starvation from a billion of His children is certainly cause for thanks.

Let’s not forget the mechanism of the free market, which God used for their deliverance, nor the loving God Who made it possible.

You can watch Sanders’ interview with Harwood below. (The exchange takes place at approximately 7:25.)

Sanders addresses the Presidential Gun Sense Forum in Des Moines, Iowa. Gage Skidmore. This photo has been cropped. CC BY-SA 2.0.)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Obama Administration’s Misjudgement of the Nation’s Conscience
Currently, there are forty cases against the Obamacare HHS mandate. The Affordable Care Act of 2010 requires employers to provide, as employee health care, “preventative services” such as abortion and sterilization. John Daniel Davidson, in First Things, says that the president and his administration have grossly misjudged this entire situation. In Davidson’s view, the administration “in their conceit” seemed to think that millions of Americans would simply put aside their deeply held religious and moral convictions and play along with...
The FAQs: What is the Fiscal Cliff?
What is the “fiscal cliff”? The term “fiscal cliff”, which is believed to have originated in Congressional testimony by Federal Reserve Chairman Ben Bernanke, refers to the substantial changes to tax and spending policies that are scheduled to automatically take effect in January 2013. The changes are intended to significantly reduce the federal budget deficit. What are the tax and spending policies that will change? Several major tax provisions are set to expire at year’s end: The 2001/2003 Bush tax...
The Catholicity of Subsidiarity
Earlier this week we noted that Patrick Brennan posted a paper, “Subsidiarity in the Tradition of Catholic Social Doctrine,” which unpacks some of the recent background and implications for the use of the principle in Catholic social thought. As Brennan observes, “Although present in germ from the first Christian century, Catholic social thought began to emerge as a unified body of doctrine in the nineteenth century….” Brennan goes on to highlight the particularly Thomistic roots of the doctrine of subsidiarity,...
The Pin that Might Pop the Higher-Ed Bubble
mented last week on the “textbook bubble” (here) and mented in the past on the “higher-ed bubble” and the character of American education more generally (see here, here, and here). To briefly summarize, over the last few decades the quality of higher education has diminished while the cost and the number of people receiving college degrees has increased. The cost is being paid for, in large part, through government subsidized loans. But with the drop in quality and increase in...
Subsidiarity in the Tradition of Catholic Social Doctrine
Patrick McKinley Brennan, a professor at Villanova University School of Law, has a new paper that considers the place subsidiarity in the tradition of Catholic Social Doctrine: Subsidiarity is often described as a norm calling for the devolution of power or for performing social functions at the lowest possible level. In Catholic social doctrine, it is neither. Subsidiarity is the fixed and immovable ontological principle according to which mon good is to be achieved through a plurality of social forms....
Interview: Rev. Sirico on the Market Economy and the Moral Life
Rev. Robert Sirico, author of “Defending the Free Market: The Moral Case for a Free Economy,” appears at a Rome press conference for his book. The Catholic News Agency recently interviewed Acton’s president Rev. Robert Sirico during a press conference held last week in Rome for Vatican journalists. The local media were introduced to his new book, “Defending the Free Market: the Moral Case for a Free Economy.” In the CNA article “Fixing economic crisis requires financial and moral truth,...
Novak Award Winner reflects on influences of Benedict, Michael Novak
Romecontributorto ZENIT, Stefanie DeAngelo, recently interviewed the Acton Institute’s 2012 Novak Award winner, Professor Giovanni Patriarca. During the interview Prof. Patriarca speaks candidly about some of his academic influences, including Michael Novak and Benedict XVI. He also offers his reasons for hope in ing the prolonged global economic crisis. Some Contemporary Reflections: An Itinerary from Novak to Benedict XVI by Stefanie DeAngelo 2012 Novak Award Winner Prof. Giovanni Patriarca ZENIT: You have recently received the Novak Award. What are some...
Can Capital Markets Be Moral?
Can capital markets be moral? At The Veritas Forum at Cambridge University, Rev. Richard Higginson explains how we should rethink our capital system to avoid problems like the financial crisis. His five part plan includes: 1. Rediscovering capital virtues like moderation and prudence, 2. Adopting sound policy like reducing debt and spreading risk, 3. Reviewing the purposes and scrutinizing the practices of banking by a reputable international body, 4. Continuing to invest and give as a sign of hope, and...
Novak Award Winner Assesses Spiritual, Vocational Crisis of Economy
Acton President Rev. Robert Sirico presents the 2012 Novak Award to Prof. Giovanni Patriarca An overflow crowd, which included two current and one former rector of Rome’s pontifical universities, enthusiastically turned out on November 29 to support the winner of the Acton Institute’s Novak Award. Students, professors, journalists, entrepreneurs and politicians alike packed the Aula delle Tesi auditorium at the Pontifical University of Thomas Aquinas to hear Prof. Giovanni Patriarca deliver his lecture “Against Apathy: Reconstruction of a Cultural Identity”....
St. John of Damascus in the History of Liberty
Today (Dec. 4) memorated an important, though sometimes little-known, saint: St. John of Damascus. Not only is he important to Church history as a theologian, hymnographer, liturgist, and defender of Orthodoxy, but he is also important, I believe, to the history of liberty. In a series of decrees from 726-729, the Roman (Byzantine) emperor Leo III the Isaurian declared that the making and veneration of religious icons, such as the one to the right, be banned as idolatrous and that...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved