Quoth the Raven
· QTR’s Fringe Finance
· June 25, 2026 at 11:18
· ⏱ 17 min read
| Read on Substack ↗
Summary
This article argues that the Democratic Socialists of America (DSA) are gaining electoral power through primary victories and a platform designed to entrench socialist governance permanently. The piece warns that if implemented, these policies would lead to economic deterioration, political consolidation, and a dystopian outcome, but it offers no specific market or investment analysis.
•DSA candidates have recently won multiple congressional primaries in New York City, defeating two incumbent members of Congress.
•The article claims the DSA platform 'Workers Deserve More' includes universal healthcare, tuition-free higher education, student debt cancellation, a 32-hour work week, a wealth tax, and a Green New Deal-style transition.
•The foreign policy plank calls for an immediate Gaza ceasefire, reduced military budget, closed overseas bases, open borders, and amnesty for all immigrants regardless of status.
•The political reform plank proposes extending voting rights to non-citizens and those with criminal convictions, abolishing the Electoral College, expanding the House, and ending the Senate filibuster.
•The author argues these reforms would make it nearly impossible to remove socialists from power, citing the 'Curley Effect' where politicians grow stronger as the economy weakens.
•The article draws historical parallels to Soviet-era practices and quotes Aleksandr Solzhenitsyn and Murray Rothbard to warn that democratic socialism leads to centralized control and eventual authoritarianism.
•The author observes that young voters find DSA candidates attractive because they offer alternatives to the perceived bankruptcy of the two-party system, despite the destructive platform.
•The disclaimer states the piece is not a recommendation to buy or sell securities and that the author may hold positions opposite to what readers infer.