At the 1932 Democratic National Convention, Franklin D. Roosevelt declared, “Never before in modern history have the essential differences between the two major American parties stood out in such striking contrast as they do today.” Arguing that Republicans had offered “no path for the people below to climb back to places of security and of safety in our American life,” he called for a “new deal” to “restore America to its own people.”

Under President Trump, the differences between the parties on domestic politics are similarly stark. Yet as the GOP fights to advance an extremist agenda that would take the nation backward, Democrats have struggled to offer a clear vision for the future or a path to security for struggling Americans. To that end, the “Better Deal” agenda that Democratic leaders introduced last week may not live up to Roosevelt’s lofty standard or the bold 21st-century populism that fueled Senator Bernie Sanders’s (I-VT) insurgent presidential campaign, but it is a promising step in the right direction.

At the core of the Better Deal is a crackdown on corporate monopolies that represents a genuine shift for the party establishment.

Read the full text of Katrina’s column here.