Alexandria Ocasio-Cortez

Ocasio-Cortez Says Capitalism Is an ‘Irredeemable’ System

“We should be scared right now because corporations have taken over our government.”

Rep. Alexandria Ocasio-Cortez on Saturday called capitalism an “irredeemable” system that is to blame for income inequality.

The freshman Democrat from New York made the comments during an interview at the South by Southwest conference in Austin, Texas, during which she made the case for her left-wing agenda, including the Green New Deal and Medicare for all.

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“Capitalism is an ideology of capital – the most important thing is the concentration of capital and to seek and maximize profit,” Ocasio-Cortez said. “And that comes at any cost to people and to the environment, so to me capitalism is irredeemable.”

Though Ocasio-Cortez said that some aspects of capitalism are OK, she went on to explain that her brand of democratic socialism is all about putting the people first.

“We’re reckoning with the consequences of putting profit above everything else in society. And what that means is people can’t afford to live,” she said. “For me, it’s a question of priorities and right now I don’t think our model is sustainable.”


Ocasio-Cortez dismissed conservative’s concerns about her vaguely defined left-wing ideology as “fear mongering” about a government takeover of the economy.

“We should be scared right now because corporations have taken over our government,” she said.

Several Democratic presidential candidates also spoke at the trendy event, including Sens. Elizabeth Warren of Massachusetts and Amy Klobuchar of Minnesota. However, Ocasio-Cortez got the most buzz, repeatedly winning cheers from the millennial-heavy crowd.

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