The DSA's War On Wealth

Authored by James Rickards via The Daily Reckoning,

Communism is on the rise in the United States and has now entered otherwise mainstream Democratic Party politics.

The Democratic Socialists of America (DSA) is on track to increase the number of its members in Congress from two to at least six in January, possibly more. That's not including Sen. Bernie Sanders, who calls himself a democratic socialist.

A DSA member named Francesca Hong just came within striking distance of becoming the Democratic nominee for governor of Wisconsin, one of our largest and most important states. Hong was narrowly defeated in the Aug. 11 primary by Milwaukee County Executive David Crowley.

Don't be confused by those calling themselves socialists. A few may be well-meaning middle-of-the-road Democrats who favor the Scandinavian socialist model. But others are wolves in sheep's clothing - communists who use the socialist label to hide their real intentions.

What's interesting is that many of the new socialists don't even try to hide their radical leanings. They publicly call themselves socialists and are proud of it.

After the fight against communism in the U.S. in the 1950s and the U.S. victory in the Cold War by the early 1990s, most Americans might assume that communism is no longer a threat to the American way of life and the U.S. political system.

That's a mistake.

Communist and Marxist ideas are alive and well in the U.S. and are thriving in universities, think tanks, foundations, the media and other institutions that Americans typically think