What Would Life Under President Sanders Actually Look Like?

The Vermont socialist’s plan to make the United States more like Scandinavia.

Jacquelyn Martin/AP

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When ABC’s George Stephanopoulos asked Bernie Sanders earlier this year whether a self-proclaimed socialist could be elected president, the candidate brought up Scandinavia. “In those countries, by and large, government works for ordinary people in the middle class rather than…for the billionaire class.”

“I can hear the Republican attack ad right now,” Stephanopoulos replied. “‘He wants America to look more like Scandinavia.'” Sanders didn’t hesitate. “That’s right. And what’s wrong with that?” How would Sanders Scandinavian-ize the US? Here are his big ideas:

Double the minimum wage. Congress can’t pass a $10 minimum wage. Sanders thinks it just isn’t shooting high enough—he wants $15, or more than double the current rate.

Tax the rich. (And tax them. And tax them.) He endorses a return to Eisenhoweresque tax rates of potentially more than 50 percent for Americans in the highest tax brackets.

Cap and tax. Right now, companies deduct “performance-based” executive compensation, such as bonuses and stock options. But Sanders wants them to pay taxes on these perks if the gap between top and bottom salaries exceeds a certain percentage—or they could spread the wealth to the low-wage workers at the bottom of the scale.

Universal Medicare. Sanders voted for the Affordable Care Act, but he still dreams of a single-payer system—Medicare for everyone.

Make Wall Street pay for college. Tax every Wall Street transaction—the so-called “Robin Hood tax”—and use the money to make tuition free at public colleges and universities.

Seize the means of production. Kinda. Provide loans to workers who want to buy a stake in their companies, in order to spread profits across the workforce—not just the 1 percent.

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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