PRIME CULTURE ECONOMY POLITICS
Zza08-002	Bernie Sanders Was Asked About Growth and His Socialism Fell Apart
	Quote:	The Stanford question was simple. If Europe has comparable education levels and government investment, why does the United States dominate frontier innovation? That answer necessarily involves venture capital depth, founder upside, risk tolerance, and institutional flexibility, features of American capitalism that Sanders has spent his career attacking. The growth engine runs on incentives. It always has. Pretending otherwise will not make it disappear. ... Frances own finance minister warned that overtaxing capital had driven investors and wealth creators away. ... This is not a philosophical disagreement. It is a case study. ... capital did what capital does when it is punished. It left. From 2000 to 2017 alone, roughly 60,000 millionaires departed France. One estimate cited in the reporting placed total capital flight tied to the policy at 200 billion between 1988 and 2007, potentially trimming annual GDP growth.
	Article:	https://redstate.com/ben-smith/2026/02/22/bernie-sanders-was-asked-about-growth-and-his-socialism-fell-apart-n2199440
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