Magazine October 14, 2019, Issue

Elizabeth Warren’s Anti-Corporate Fixation

Democratic presidential candidate Elizabeth Warren joins General Motors Detroit-Hamtramck Assembly plant workers during the United Auto Workers national strike in Hamtramck, Mich., September 22, 2019. (Rebecca Cook/Reuters)
Looking for Scapegoat, Inc.

Populist movements come in many shapes and sizes, but always in opposition to some scapegoat. In the case of Democratic-primary candidate and Massachusetts senator Elizabeth Warren, that scapegoat is corporate America.

Before entering politics, Warren built an academic career on the study of debt, credit, and bankruptcy. Her research was animated by a belief that the American middle class is under assault by inscrutable corporate forces, from businesses that rig the regulatory code to predatory lenders that charge usurious rates on families that are just barely scraping by. Warren gained fame in the mid 2000s by arguing that medical bills were

This article appears as “Scapegoat, Inc. ” in the October 14, 2019, print edition of National Review.

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