{"id":143432,"date":"2026-08-19T18:00:14","date_gmt":"2026-08-19T22:00:14","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/el-sayed-reveals-he-would-go-step-further-than-sanders-on-socialist-plan-for-major-us-industry-143432"},"modified":"2026-08-19T18:00:14","modified_gmt":"2026-08-19T22:00:14","slug":"el-sayed-reveals-he-would-go-step-further-than-sanders-on-socialist-plan-for-major-us-industry","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/el-sayed-reveals-he-would-go-step-further-than-sanders-on-socialist-plan-for-major-us-industry-143432","title":{"rendered":"El-Sayed reveals he would go \u2018step further\u2019 than Sanders on socialist plan for major US industry"},"content":{"rendered":"<div>\n<p>Michigan Democratic Senate nominee Abdul El-Sayed said he wanted to &#8220;take it a step further&#8221; when asked whether he supported Bernie Sanders&#8217; public-ownership model for major artificial intelligence companies, arguing for &#8220;some system of public control&#8221; \u2014 days after a top House Democrat rejected suggestions that <a href=\"https:\/\/www.foxnews.com\/category\/politics\/socialism\" target=\"_blank\" rel=\"noopener\">young socialists<\/a> are talking about &#8220;seizing the means of production.&#8221;<\/p>\n<p>Asked during a June 12 appearance on the left-wing &#8220;Head in the Office&#8221; podcast whether he supported public ownership models for major artificial intelligence companies like one proposed by Sanders, El-Sayed said he wanted to &#8220;actually take it a step further,&#8221; adding that while he agreed &#8220;we need public ownership,&#8221; he also believed &#8220;we need some system of public control.&#8221;<\/p>\n<p>El-Sayed did not explicitly call for the government to seize or take ownership of private AI companies, instead describing possible forms of &#8220;public control&#8221; that included public representation on corporate boards or an oversight body.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/media\/el-sayed-taunts-trump-claims-hes-going-make-him-main-character-midterms\" target=\"_blank\" rel=\"noopener\"><strong>EL-SAYED TAUNTS TRUMP, CLAIMS HE&#8217;S GOING TO MAKE HIM \u2018MAIN CHARACHTER OF THE MIDTERMS\u2019<\/strong><\/a><\/p>\n<p>&#8220;I want to actually take it a step further. I agree that we need public ownership, but I also agree that we need some system of public control. What is the point of democracy if it&#8217;s not to protect us from existential risk? And, right now, there is no regulation,&#8221; El-Sayed said when asked about public ownership and public control of major AI companies, with the podcast host citing proposals from Sanders.<\/p>\n<p>&#8220;I just think it\u2019s really important for us to be thinking what is democratic control over this industry? What does it look like?&#8221; El-Sayed continued.<\/p>\n<p>El-Sayed later offered examples of what such &#8220;public control&#8221; could look like, including public representation on corporate boards or a public oversight body over the companies, while arguing that AI poses potentially &#8220;existential&#8221; risks requiring greater public oversight.<\/p>\n<p>&#8220;Democracy is supposed to fix these problems and right now they\u2019re trying to slip democracy and we cannot allow that,&#8221; El-Sayed continued about the political power tech companies wield in Washington. &#8220;And so we need leaders who both understand the technological risk and are not bought off by the <a href=\"https:\/\/www.foxnews.com\/category\/tech\/artificial-intelligence\" target=\"_blank\" rel=\"noopener\">AI industry<\/a> itself. It is mission-critical right now for our future.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/el-sayed-aide-likens-gop-opponent-campaign-kkk-cross-burning-video-ford-pickup\" target=\"_blank\" rel=\"noopener\"><strong>EL-SAYED AIDE LIKENS GOP OPPONENT&#8217;S CAMPAIGN TO \u2018KKK CROSS BURNING\u2019 OVER VIDEO WITH FORD PICKUP<\/strong><\/a><\/p>\n<p>El-Sayed\u2019s call to &#8220;take it a step further&#8221; on public ownership comes as senior Democrats have sought to push back on the idea that the party\u2019s rising socialist wing is seeking government control of the means of production.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/raskin-tells-lawler-get-hell-out-during-contentious-hearing\" target=\"_blank\" rel=\"noopener\">Rep. Jamie Raskin, D-Md.,<\/a> recently argued that young Americans who identify as socialists are not embracing socialism in its traditional Marxist sense, asking whether they mean, &#8220;I want to socialize the means of production,&#8221; before answering, &#8220;I don\u2019t think so.&#8221;<\/p>\n<p>Raskin has similarly argued that young self-described socialists are primarily seeking &#8220;greater equality and opportunity,&#8221; rather than embracing concepts such as &#8220;dialectical materialism&#8221; or the &#8220;dictatorship of the proletariat.&#8221;<\/p>\n<p>But some of the movement\u2019s most prominent figures have used more explicit language. Mamdani said during a 2021 Young Democratic Socialists of America conference that one of the movement\u2019s firmly held beliefs was the &#8220;end goal of seizing the means of production,&#8221; while acknowledging it did not then enjoy the same level of public support as other progressive causes.<\/p>\n<p>The June podcast comments are drawing fresh attention as El-Sayed, a progressive who has embraced comparisons to New York City Mayor Zohran Mamdani, seeks to carry that brand of politics into a marquee statewide Senate race. The resurfaced exchange also comes amid a broader debate over the Democratic Party\u2019s embrace of democratic socialists and how far the movement\u2019s economic agenda extends beyond policies such as universal healthcare and a higher minimum wage.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/el-sayed-reveals-would-go-step-further-sanders-socialist-plan-major-us-industry\">Source &#8211; https:\/\/www.foxnews.com\/politics\/el-sayed-reveals-would-go-step-further-sanders-socialist-plan-major-us-industry <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michigan Democratic Senate nominee Abdul El-Sayed said he wanted to &#8220;take it a step further&#8221; when asked whether he supported Bernie Sanders&#8217; public-ownership model for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-143432","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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