Other than the continual circus in the White House, the most important political story in America may be the resurgence of democratic socialism. Ignited by the 2016 and 2020 presidential campaigns of Vermont Senator Bernie Sanders, the movement achieved its biggest victory last year when self-described democratic socialist Zohran Mamdani was elected mayor of New York City. Now, fueled by backlash to the extremist MAGA agenda and multiple ongoing crises, the Democratic Socialists of America (DSA) have claimed 38 electoral wins so far this year and 120,000 active members, making them the largest socialist organization in US history.

Naturally, this has the establishment's hair on fire in both political parties. On the Democratic side, leadership oscillates between snubbing democratic socialists and disowning them outright, with Sen. John Fetterman (D-Pa.) calling Mamdani’s rise a “gift to the Republicans” that makes Democrats look radical. Centrist-liberal magazine The Atlantic referred to DSA as “a parasite” that was “hijacking the Democratic Party.”

On the Republican side, the hysteria is even more severe. President Donald Trump, who seems quite enamored of Mamdani on a personal level, called him a “100% communist lunatic.” Recently Trump has been trying to resurrect the Red Scare, labeling DSA candidates “hardcore, godless communists” and invoking communism some 94 times in just a few weeks. Trump’s Deputy Chief of Staff for Policy, Stephen Miller, connected leftist politicians, communism, and political terrorism into one vast conspiracy and declared it the “fatal cancer of civilization.”

Despite the delirium, many democratic socialist policies are popular, particularly those that expand public services and safety nets for healthcare and childcare. Such ideas only sound radical in a nation grown numb to the extremes of capitalism. But following decades of upward redistribution, worsening public services, deteriorating labor power, and all the other abuses of our current system, democratic socialism isn’t radical at all—it’s a compromise.

Defining “Democratic Socialism”

Like most political labels in America, “socialism” has been thoroughly twisted and misused. In 1952, President Harry Truman remarked that socialism was “a scare word they have hurled at every advance the people have made in the last 20 years.” It was a Republican slur for the New Deal, public power, social security, bank deposit insurance, free and independent labor organizations, and “almost anything that helps all the people,” in Truman’s words.

To this day, that’s about as good a definition as any. In America, “socialism” is often used to describe—or denigrate—almost any publicly funded, government-run service: libraries, parks, fire departments, Medicare, Medicaid, Social Security, highways, public schools, safety net hospitals, animal shelters, community pools, and so on. Under this definition, the US military might be the most expensive socialist program in history.

Elites should feel relieved that people are only demanding, say, a few public options for groceries, rather than revolting.

This American concept of socialism, though, bears little resemblance to the theories formulated by Karl Marx. Marx articulated socialism in direct opposition to capitalism, under which individuals or companies own and control land, natural resources, and means of production. Capitalists rent labor—at least in societies where they can’t own it—and fight to make the terms of that rental as favorable to themselves as possible. This tug of war between owners and workers, in Marx’s view, is the central struggle of history. Marx sought to invert that structure, advocating that ownership, control, and the fruits of labor belong to workers, and theorizing that the only way to achieve such a reality was through revolution.

Democratic socialism, then, is also distinct from Marxist socialism. Both may strive for populist control of the political economy, but democratic socialists in America largely pursue their goals through reform, working within existing institutions. Democratic socialism often more closely resembles the Nordic model: a capitalist economy in which government takes a larger role in protecting human rights and guaranteeing certain essential goods and services.

Actually, this compromise of preserving the fundamentals of capitalism while trying to achieve the egalitarian goals of socialism is precisely what more committed Marxists don’t like about democratic socialism. They might argue that capitalism is inherently unsustainable, exploitative, and unreformable, relying as it does on never-ending growth and abuse of labor, and that working within it is doomed to only limited successes at best.

Reforming the Second Gilded Age

Whether or not one agrees with such ideas, it’s a discussion that free people are within their rights to have. Though we often treat capitalism as a national religion, there’s nothing sacred about it. Even the US Constitution is surprisingly agnostic on questions of economic organization. It’s not encoded in our DNA—in fact, we are much more naturally inclined toward cooperation than competition. Humans have a virtually infinite number of ways we can arrange society, and we are in desperate need of rethinking ours.

Because for the last few decades, the American economy has grown ever more off-balance, to the point where many analysts now say we’re in a second Gilded Age. We recently minted the world’s first trillionaire, while about half of us would be wiped out by any major illness, accident, or job loss. Workers have lost power, essentials like housing and healthcare are increasingly out of reach, and practically all the gains of our productivity have been accumulated at the very top, with corporations posting record profits. Billionaires are multiplying their wealth faster than ever, building anti-revolution doomsday bunkers, and plotting to rule their own fiefdoms as CEO-kings.

We live in a society that’s obsessed with law and order for things like shoplifting or overstaying a visa, but largely looks the other way on corporate crimes like pollution, wage theft, and fraud—not to mention war crimes and genocide. The president is a convicted felon who wants you to ignore his decades-long friendship with a child sex trafficker and instead fear and hate the immigrant next door.

In such a system, elites should feel relieved that people are only demanding, say, a few public options for groceries, rather than revolting. The wealthy surely all took note of the public reaction to Luigi Mangione, who is accused of murdering United Healthcare CEO Brian Thompson on the streets of New York City. Mangione became a cultural icon who was openly celebrated in many circles, making clear the rage simmering within America’s dispossessed.

There’s a reason the progressive California Rep. Ro Khanna refers to a tax on wealth as an anti-revolution tax, or an attempt to save capitalism from itself. Progressive Democrats like Khanna often mediate between capitalist centers of power and the party’s left-wing base, who largely feel fed up with the party’s incremental approach of making small tweaks here and there. Democratic socialism, as practiced in today’s America, is still essentially incrementalism, but they’re much bigger increments.

Such a model works well in places like Finland, Iceland, and Denmark. These countries have high taxes, but they get far more out of them than we do. As a result they are consistently ranked as the happiest countries on Earth, with excellent numbers for education, homelessness, poverty, healthcare, life expectancy, and infant mortality—all areas in which the US, with its profit-first approach to every problem, is lagging behind.

High taxes and a mixed economy also once worked well in the United States. We dug ourselves out of the Great Depression with the New Deal. Government programs brought electricity to rural areas and established safety nets and Social........

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