Jun 10, 2019

Sanders: U.S. is now more ready for a democratic socialist president

Sen. Bernie Sanders. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) told CNN's "State of the Union" Sunday that the U.S. is more ready for a democratic socialist president than it was when he ran for the 2016 Democratic ticket.

Why it matters: Socialism is losing its Soviet-era stigma, a Harris poll for "Axios on HBO" shows. The poll found 4 in 10 Americans would prefer living in a socialist country over a capitalist one — and it's the preferred system of 55% of women age 18–54 surveyed.

Go deeper: Bernie Sanders on the issues, in under 500 words

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The biggest crisis since 1968

Illustration: Aïda Amer/Axios. Photo: Bettmann/Contributor

The year 1968 has been on a lot of people’s minds lately — another year of protests, violence and upheaval that seemed to be tearing the nation apart.

Yes, but: This crisis also has moments we’ve never seen before — and some historians and experts say the differences suggest that 2020 doesn't compare well at all.

SoftBank to launch $100M fund backing companies led by people of color

Illustration: Aïda Amer/Axios

SoftBank COO Marcelo Claure said in a letter to employees early Wednesday that the firm will create a $100 million fund that "will only invest in companies led by founders and entrepreneurs of color."

Why it matters: The Opportunity Growth Fund is one of the first to put significant capital behind companies' statements of empathy and outrage in response to protests over systemic racism in the U.S. typified by the killings of George Floyd, Breonna Taylor and other African Americans by police.

Coronavirus hospitalizations keep falling

Data: COVID Tracking Project, Harvard Global Health Institute; Note: Alabama, Florida, Hawaii, Idaho, Kansas, Nebraska, Tennessee and Puerto Rico have not reported hospitalizations consistently. Chart: Andrew Witherspoon/Axios

The number of people hospitalized with COVID-19 continues to decline, particularly in New York and other northeastern states that were among the hardest hit by the virus.

Yes, but: Some states are still recording stagnant or rising amounts of hospitalizations.