Double take: Billionaire Leftist Warren Buffett offers full-throated defense of capitalism; says economic model ‘just getting started’

By Jon Dougherty

If you’re used to reading stories about billionaire investor Warren Buffett, head of Berkshire Hathaway, droning on about his support for Left-wing politicians and causes, prepare to be completely shocked: He just gave a full-on defense of AmericanÂ capitalism, which is really taboo among today’s ‘progressives.’

“If you look at what was here in 1776 and you look at whatâ€™s here now, this country has done an incredible job in terms of the deployment of resources and human ingenuity,â€ Buffett told CNBCâ€™sÂ Becky Quick, in an interview fromÂ Omaha, Nebraska â€” where his firm held its annual shareholders meeting this weekend.

â€œThe idea of people unleashing their potential … itâ€™s absolutely a miracle.â€

Cue our double-take.

Buffett, who did back Hillary Clinton in 2016, wasn’t finished with his full-throated defense of the most successful economic model in the history of Mankind.

â€œIâ€™m a card-carrying capitalist,” he declared on stage before tens of thousands of viewers.

CNBCÂ noted further:



