The Democratic Party has “largely turned its back on the working class” and is “hemorrhaging working-class support,” Senator Sanders warns in a new book.

I picked up a copy of “It’s Ok to Be Angry About Capitalism,” with a picture of Mr. Sanders on the cover, and was raring to rebut it. Indeed, there turns out to be plenty in there with which to disagree.

Most newsworthy, though, may well be the pleasant surprises, the parts in which Mr. Sanders accurately diagnoses what he calls a “crisis” facing the Democratic Party.

“The party, in too many cases and in too many places, has lost touch with working Americans. It doesn’t know how to speak to them because it doesn’t know what is going on with them,” the senator writes. 

Mr. Sanders notes that President Trump won 10 million more votes in 2020 than in 2016. He rejects the idea that those votes were all motivated by racism. “Many of those so-called racist Americans voted for Barack Obama, our first Black president, and for ‘hope’ and ‘change’ and ‘Yes We Can.’ And they voted to reelect him. But their lives did not get better,” Mr. Sanders writes. 

He adds that the Democrats “abandoned” working class voters in favor of “wealthy campaign contributors and the ‘beautiful people.’” The Democratic National Committee, Mr. Sanders says, “spends almost all of its time trying to keep on the right side of the millionaires and billionaires.”

Attempting to stay on the “right side of the millionaires and billionaires” is not a problem that afflicts Mr. Sanders, with one possible exception: George Soros, who was by far the biggest political spender in the most recent cycle. Mr. Sanders denounces various billionaires by name — Sheldon and Miriam Adelson, Michael Bloomberg, Mark Zuckerberg, Howard Schultz, Jeff Bezos, the Walton family — but Mr. Soros is conspicuously absent from his target list, perhaps because at least some of his policy goals intersect with those of Mr. Sanders.

The senator’s treatment of rich people is where Sandersism falls apart. He acknowledges, “People like Musk, Bezos, Zuckerberg, Gates, Buffett, the Waltons, the Kochs, and their ilk are usually smart. They tend to work hard and take risks; they’re often innovative.” Yet he wants to eliminate them: “Billionaires should not exist” is the title of one chapter of this book.

Mr. Sanders faults Republicans for election-season blame-claims. He summarizes these positions as “immigrants are the problem,” “Black people are the problem,” “LGBTQ people are the problem,” “Muslims are the problem.” Mr. Sanders’s objection, though, isn’t to the divisive scapegoating. His complaint, rather, is that the Republicans have simply chosen the wrong goats. Mr. Sanders suggests an alternative for the slaughter: “The very rich,” he writes, “are the problem.”

This case is asserted rather than proven. The contradictions are rampant. Mr. Sanders correctly credits Mr. Trump for having “actually got something right” with Operation Warp Speed, which partnered with the pharmaceutical industry to develop and deploy effective Covid vaccines at a rapid pace. In the next breath, he denounces Moderna and Pfizer for “making billions in excessive profits.” Funny how the vaccines that generate “excessive profits” are developed and deployed faster, and work better, than those generated by profit-free government laboratories.

Mr. Sanders complains that wealthy families “do not share their wealth,” but that’s simply  inaccurate, both in terms of philanthropy and in  value generated for customers, shareholders, employees, vendors, and other business partners.

Much of the rest of his book consists of a catalog of terrible policy ideas that have been tried already either here or elsewhere in one form or another and yielded disappointing outcomes — rent control, a top income tax rate of 92 percent, $35 billion a year of spending on “public media.”

Mr. Sanders goes on and on in denouncing “corporate media conglomerates,” by which he means “CBS, ABC, NBC, CNN, and the rest of the corporate media.” Disparaging Disney, he sounds much like Governor DeSantis, who also uses the “corporate media” phrase as a kind of insult. 

The Sanders book is published by Crown, an imprint of Penguin Random House LLC, which is itself controlled by Bertelsmann and its German family proprietors led by Liz Mohn. The Bloomberg Billionaires Index estimates Ms. Mohn as being worth about $6.2 billion. 

Mr. Sanders could have sought to publish his book by means of the U.S. Government Publishing Office or by some independent or nonprofit press. Yet when it comes to actually getting something done, like selling books, there’s something, somehow about the profit motive and private ownership that tends to work better than anything else. 

One might fault Ms. Mohn for helping fuel, in Mr. Sanders, an anticapitalist messenger who will ultimately destroy the system in which she prospers. At times the senator claims confidently that things are heading in that direction: “the future of this country is with our ideas.” 

He’s more believable when he talks about how Democrats have lost touch with working Americans. Now there’s a message that will help Bertelsmann sell some books. It may have some truth to it, too, not only as it applies to the Democratic National Committee but also when it comes to a certain independent socialist from Vermont who caucuses with the Democrats.