BOSTON — Elizabeth Warren is cast as many things: a populist, a left-winger, the paladin against the bankers and the rich, the Democrats’ alternative to Hillary Clinton, the policy wonk with a heart.
The senior senator from Massachusetts is certainly a populist and her heart is with those foreclosed upon and exploited by shady financial practices. But she is not nearly as left-wing as many say — she can offer a strong defense of capitalism that’s usually overlooked. And here’s betting that she won’t run against Clinton.
What all these descriptions miss is Warren’s most important contribution to the progressive cause. She is, above all, a lawyer who knows how to make arguments. From the time she first came to public attention, Warren has been challenging conservative presumptions embedded so deeply in our discourse that we barely notice them. Where others equivocate, she fights back with common sense.
Since the Reagan era, Democrats have been so determined to show how pro-market and pro-business they are that they’ve shied from pointing out that markets could not exist without government, that the well-off depend on the state to keep their wealth secure, and that participants in the economy rely on government to keep the marketplace on the level and to temper the business cycle’s gyrations.
Warren doesn’t back away from any of these facts. In her new book, A Fighting Chance, she recalls the answer she gave to a voter during a living-room gathering in Andover, MA, that quickly went viral. She was in the early days of her Senate campaign, in the fall of 2011, and had been asked about the deficit. Characteristically, she pushed the boundaries beyond a narrow fiscal discussion to explain how government helped create wealth.
“There is nobody in this country who got rich on his own,” she said. “Nobody. You built a factory out there? Good for you. But I want to be clear: You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for.” It was all part of “the underlying social contract,” she said, a phrase politicians don’t typically use.