Inlast Tuesday’sDemocratic debate, Senator Bernie Sanders stayed true to his famed aversion to capitalism, proclaiming the fanciful virtues of “democratic socialism.” Yet when prodded by Anderson Cooper — who asked, “you don’t consider yourself a capitalist?” — Sanders responded not by attacking free markets, but by targeting a more popular target of discontent: Wall Street and the banks.

“Do I consider myself part of the casino capitalist process by which so few have so much and so many have so little, by which Wall Street’s greed and recklessness wrecked this economy?” Sanders asked. “No, I don’t.”

One couldbe forgiven for not understandingwhat Sanders means by“casino capitalism.” Is itcrony capitalism, in which legislative favors are secured by the rich and powerful (which conservatives also disdain)? Is itbailouts for the big banks (which, again,conservatives also disdain)? Is it basictrade and exchange on a plex scale, and if so, at what size does it e problematic? Does he despisethe stock exchange itself? Too loud with all itsblinky lights and bells?

It probably includes a mix, but whatever his preferred Crisis of History, he brings a strong dose of zero-sum Marxian whiz-bang to whateverfeatures might actually be facts. If the rich are getting richer (true), then obviously that’s bad for the rest of you plebeian suckers (not true). Rather than answering Cooper directly, Sanders diverts to a narrower target where (at least in his mind) everything isfixed and rigged.

This has proven to be an effective tacticforstirring up blind populist angst, and further, Sanders is also managing totempt petitors away from what’s really atstake: economic freedom.

Suchfreedom is, of course, what most conservatives think of when they hear the word “capitalism.” Even Cooper and Clintonproceeded to puzzle and prattle over thetrue meaning of “capitalism,”allowingSanders to go silent on his planned raid on freedom itself.

But then one realizesthis isn’t a big ploy, and Sanders really doesn’t understand what drives the success of free economies.Such ignorance is evidenced by Sanders’ admiration for nations like Denmark, which, as Kevin Williamson points out, tend to score worse than the United States on mostof Sanders’ preferred metrics.

Big banks? Check. Size of government? Small.Basic economic freedom? Ew.

Alas, judging a nation’s health and prospective future is not so simple paring its superficialgoodiesto your personal grab-bag of civilizational treats.

As demonstrated in the video below, economic freedom is the constant force of prosperity across nations and cultures, and we ought not sacrifice it up so readily.

As Jeffrey Tucker observes:

What strikes me when looking at all this data, and the crystal clear connections here, is the strange silence on the part of the opinion class. People are flailing around for answers. Where’s the growth? Who is stealing the future? Maybe it’s the immigrants, foreign nations, and the rise of inequality. Maybe technology is taking jobs. Maybe people are just lazy and petent.

Or maybe we should look at the data. It’s all about freedom.

To achieve what Sanders demands, we woulddo well tobypass hisred herringsabout Wall Street cronyism and presshim on one thing:what ofeconomic freedom?

Not just as it relates toour pocketbooks and those of our grandchildren, although that’s important, too. But to what lengths are we willing to diminish or destroynetworks ofexchange and trade, work and service,giving and receiving? To what ends are we willing to give up one of the most incredible intangible assets of humankind?