“I’m concerned about it. Because if we are going to de-carbonize the American economy, it’s not going to be some centralized bureaucracy in Washington, DC, that’s going to make it happen,” Ryan, who represents Ohio, said. “It’s going to be part targeted government investments that do need to be robust. But it’s going to be the free market that’s going — at the end of the day — is going to make that happen.
“They have the magic of the free market, they have the innovation, the creativity, the profit motive. I mean, you’re not — the government is not going to completely de-carbonize the American economy. We have got to work with them,” he said, adding that “We can’t be hostile to the free enterprise system.”
Ryan’s comments come as the Democratic Party is openly grappling with its relationship with socialism as influential members of the party — like New York Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders, a Vermont independent and 2020 presidential hopeful, both of whom identify as Democratic Socialists — embrace policies Republicans are looking to paint as socialist in the run-up to the 2020 election.