His big speech on democratic socialism shows that he is unable to reckon with either the successes of capitalism or the failures of socialism. From my new column:

If Sanders wins the Democratic nomination, he had better hope that the economy falls into recession – because his speech suggests that his only idea of how to campaign against an incumbent during an economic boom is to claim it isn’t happening. It’s “a so-called booming economy,” Sanders says, one reflected in “macroeconomic numbers” but not people’s lives. The people themselves don’t seem to agree . . .