AOC: Capitalism is not a 'redeemable system for us'

Progressive House elections alexandria-ocasio-cortez”>Alexandria-Ocasio Cortez< Democrat told Yahoo Finance’s Andy Serwer on the latest episode of hisInfluencers” show. “And people translate them into meaning things that perhaps they don’t mean. So to me, capitalism at its core, what we’re talking about when we talk about that, is the absolute pursuit of profit at all human, environmental, and social cost. That is what we’re really discussing.”

WASHINGTON, DC - JUNE 12: U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) speaks during a meeting of the House Committee on Oversight and Reform 

WASHINGTON, DC – JUNE 12: U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) speaks during a meeting of the House Committee on Oversight and Reform 
(Photo by Alex Wong/Getty Images)

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Ocasio-Cortez, a member of Democratic socialism” target=”_blank”>Socialists<

Also in the interview, Ocasio-Cortez reiterated her push to ban members of Congress from buying and selling stocks.

“It’s not really a mystery to me why it’s difficult to pass,” Ocasio-Cortez said. “I wouldn’t be surprised if it was a majority of members of Congress hold and trade individual stock.”

When asked about big tech giant Facebook in the interview, Ocasio-Cortez said the company should be broken up. 

U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) departs after a meeting between U.S. President Joe Biden and Democratic lawmakers at the U.S. Capitol that Speaker of the House Nancy Pelosi hosted to promote Biden's bipartisan infrastructure bill on Capitol Hill in Washington, U.S., October 1, 2021.

U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) departs after a meeting between U.S. President Joe Biden and Democratic lawmakers at the U.S. Capitol that Speaker of the House Nancy Pelosi hosted to promote Biden’s bipartisan infrastructure bill on Capitol Hill in Washington, U.S., October 1, 2021.
(REUTERS/Leah Millis)

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“Facebook should be broken up,” Ocasio-Cortez said. “We should pursue antitrust activity on Facebook. And there are so many different reasons why. They are acting as an advertiser. They are acting as both platform and vendor. They are a communications platform, which has historically been a well-established domain of antitrust. And so because they are so many businesses and industries in one, the case is, I believe, right there in and of itself as to why they should be subject to antitrust activity.”

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