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I Detest Billionaires: My Journey to Supporting One for Governor of California

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As a progressive who watches too much television, when I see a Democratic candidate dominating the TV air war with ubiquitous campaign ads, I usually know that’s a Democrat I should oppose—the one being lavishly funded by wealthy corporate interests. And the ads are usually vapid, empty.

Living in California these past months, I’ve had to adjust my normal mindset. Because the Democrat running for governor who was dominating the airwaves had put out one substantive ad after another—calling for taxing the wealthy, breaking up utility monopolies, standing up to Big Oil. Each ad could have been put out by Bernie Sanders. Like the ad featuring Rep. Ro Khanna about taking on the “big insurance companies” to pass universal “single-payer healthcare” for California.

Or the candidate’s video message denouncing AIPAC (“they’re attacking progressive Democrats every chance they get”) and the Democratic Party establishment for “not talking more forcefully” against the Iran war.

The candidate putting out all these wonderfully progressive ads is billionaire Tom Steyer, a former hedge fund manager turned environmental advocate, now self-funding his campaign to the tune of $130 million. So far.

Let me be clear: I generally loathe billionaires and hedge-funders and everyone in the financial speculation elite. I remain skeptical that someone as wealthy as Steyer who operated at the heights of amoral financialized capitalism can deeply understand and fight for working-class interests.

If Steyer is elected, will he prove to be the effective “class traitor” that most Californians need him to be—a governor who stands up to corporate greed and power?

So I was in a quandary. A month ago, after seeing Steyer’s anti-AIPAC video attacking Democratic leaders for failing to “forcefully” oppose Trump’s war, I started an intense dialogue with progressives across California, including journalists, experienced activists, organizational leaders. Almost all—somewhat surprisingly or confusedly or embarrassingly—were arriving at the same conclusion: the billionaire, Tom Steyer, is the best choice for governor.

Many had attended and been impressed by one of Steyer’s town hall forums across the state, where his introductory remarks were short while the audience Q&A went long. I started finding online memes from an activist I respect, Amar Shergill, a Steyer-supporter who formerly chaired the California Democratic Party’s Progressive Caucus—including his charts comparing the Democratic field.

Like in other Democratic one-party states, pro-corporate corruption in California’s state capital is rampant, which is why California—with a population almost as large as Canada’s—lacks universal healthcare coverage. Most Democrats in office say they support it, but profiteering insurance interests fund their campaigns. A bill to move California toward government-provided single-payer health insurance that would replace private insurance sailed through the Democrat-led state legislature in both 2006 and........

© Common Dreams