I'm John Bachelor. I welcome my colleague Peter Berkowitz of the Hoover Institution, writing his column

Real Clear Politics most recently, about a phenomenon that we witness from the vantage point

of being senior, Peter and I. The phenomenon is that younger people, millennials, Gen Z, Gen X, younger people are attracted to something that can be described as

democratic socialism, but really it's a way of thinking of the government stepping in and

leading, guiding, coaxing, disciplining, warning, everywhere in your life.

And that is something that in the 20th century, we learned, was extremely destructive of

the American success.

But here in the 21st century, American so successful, it attracts theorists and politicians.

Peter, a very good evening to you.

I describe it as democratic socialism, but that's the name of a party.

Is there another word that describes what we're looking at, the sort of government is everything?

Yes, that word is you drop the modifier Democratic and you call it socialism.

In his classic work of the 1940s, Friedrich Hayek, the book is called The Road to Serfdom,

equated socialism with the idea of central planning, that it should be government that makes the most important

decisions, most important economic decisions, decisions about who produces what, how goods

and services distributed, who consumes them. And socialism is a good overarching term for that model, the model of central planning.

And the Democratic Socialists of America prefer greater government involvement in the economy, if they're not pure socialists.

Still, greater involvement for the government in running the economy.

You point us to a new publication by Sham Sankar and Madeline Hart, who happened to be at Palantir,

which is a very high-end company doing a lot of business with the federal government, but it does business at all directions.

And they have published Mobilize How to Reboot the American Industrial Base and Stop World War

Three.

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