Understanding the rise of ‘democratic socialism’

Recently, in the U.S., there’s been a wave of self described democratic socialists running for and winning elected office.There is the improbable case of Zohran Mamdani who won his New York mayoral campaign. But there are other high profile races where establishment incumbents are being unseated by much younger insurgents. From Denver to New York, Washington D.C. to Seattle.Even here in Canada, NDP leader Avi Lewis is a long-time self-described democratic socialist. According to new Gallup polling, “socialism” is officially viewed more favourably among democratic voters than “capitalism.” It’s a big shift from where we were not too long ago. So what exactly is democratic socialism? How does it differ from socialism, communism, or social democracy? Why has it returned now? And what does its resurgence reveal about this hour of history?Bhaskar Sunkara is the president of The Nation magazine, founder and editorial director of Jacobin, the former Vice-Chair of the Democratic Socialists of America and the author of books including ‘The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality.’For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts