US Democratic socialist ideas’ influence to rise

Significance

The incoming freshmen Democratic representatives, who will serve to January 2021 in the Democrats’ House of Representatives majority, include New York’s Alexandria Ocasio-Cortez. She has been termed a ‘Democratic socialist’, including by herself, the same designation used to describe veteran Senator Bernie Sanders, a possible frontrunner for the 2020 Democratic US presidential nomination. Both legislators’ ascent raises questions of what ‘Democratic socialism’ will mean for US politics.

Impacts

• Democratic House committees will likely subpoena corporate records more often.
• House Democrats will push for more legislative oversight of corporate hiring, seeking more diversity and equality.
• Democrats will use the House to pressure regulators to reconsider evaluating monopolies for their effects on wages.
• The Democratic-controlled House will push to reintroduce restrictions on lobbying.