Bhaskar Sunkara Thinks the Market Has a Place Under Socialism
· 53 min
Episode Bhaskar Sunkara Thinks the Market Has a Place Under Socialism
In September, Gallup released a poll that showed that 43% percent of Americans viewed socialism positively, the highest approval since Gallup began the poll back in 2010. Since Zohran Mamdani won the NYC mayoral election, the left has made a number of gains across national politics. Still, the majority of Americans view socialism negatively, according to Gallup. As a longtime DSA member and veteran of leftist media, Bhaskar Sunkara is one of socialism's leading advocates, and he's spent much of his career charting what a socialist economy in America might look like. Unlike some other leftists, he believes the market has a place. In fact, he thinks markets and entrepreneurs are an objective good in society. He proposes a vision of so-called "market socialism" in his recent co-authored book The Blueprint, and he lays out this system for us in today's episode. We talk about how many features of capitalism — from small businesses to monetary policy — might be remade under socialist principles.
Read more: Ocasio-Cortez Boosts El-Sayed and 2028 Talk With $1 Million Check An Economist Makes the Case for Mamdani-Style Populism
Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
Subscribe to the Odd Lots Newsletter Join the conversation: discord.gg/oddlots
See omnystudio.com/listener for privacy information.
Links in the notes 5
- https://www.bloomberg.com/news/articles/2026-10-16/aoc-boosts-abdul-el-sayed-and-2028-talk-with-1-million-check?utm_medium=referral&utm_source=podcast&utm_campaign=odd_lots&utm_content=article
- https://www.bloomberg.com/news/articles/2026-10-16/an-economist-makes-the-case-for-mamdani-style-populism?utm_medium=referral&utm_source=podcast&utm_campaign=odd_lots&utm_content=article
- https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast
- https://discord.gg/oddlots
- https://omnystudio.com/listener
Transcript
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.