Buttigieg: 'Capitalism has let a lot of people down'

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Buttigieg: 'Capitalism has let a lot of people down'
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2020 hopeful Pete Buttigieg: 'I think the reason we're having this argument over socialism and capitalism is that capitalism has let a lot of people down… it doesn’t have to be so. I believe in democratic capitalism.”

Washington 2020 Democratic hopeful Pete Buttigieg affirmed his belief in capitalism on Tuesday but suggested that the US economic system has let a lot of Americans down and called for greater"fairness."

The comments come amid a heated debate among Democrats and progressives over whether the party should more openly embrace socialist policies in the age of Donald Trump."I think the reason we're having this argument over socialism and capitalism is that capitalism has let a lot of people down," the South Bend, Indiana, mayor said in an interview with CNN's Poppy Harlow and John Avlon on"New Day.

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