Centrists Plan to Spend Millions Against Socialists After El-Sayed Win
The Third Way wants to drop $15 million between now and 2028 to discredit democratic socialism.

Centrist Democratic lobbyists and strategists are preparing to go to “war” with the left following Abdul El-Sayed’s victory in Michigan’s Democratic Senate primary.
The New York Times reported Thursday on Third Way, a prevalent, well-documented, dark money–funded, neoliberal think tank bankrolled by billionaires, corporations, and Wall Street executives, among others. Its president, Jonathan Cowan (who has worked for Bill Clinton and Andrew Cuomo), described the recent electoral success of progressives like El-Sayed, as well as democratic socialists, as “deeply troubling”—and he’s ready to spend millions of dollars to fight it.
“We are preparing for the next war that is coming.… It is deeply troubling to see radical, far-left candidates winning in places that are potentially presidential swing states,” Cowan told the Times, later describing the Democratic Socialists of America—a group that believes “working people should run both the economy and society democratically to meet human needs, not to make profits for a few”—as a “mortal danger.”
Third Way wants to make DSA feel the pain of pushing prison abolition, reparations, a 32-hour workweek, and other policies it sees as overly radical. The organization is preparing to drop $15 million between now and 2028 to discredit democratic socialism, but it’s unclear where the money will come from.
“The upside of being associated with more extreme movements is you get attention and real and perceived energy and outsider status,” said centrist Welcome PAC founder Liam Kerr.
The left sounded off against the article on social media.
“Just so you understand, this is wall street, the military industrial complex, the Israel lobby, big tech AI money and all kinds of corporate money declaring war on the only faction of the dems that believes in something and knows how to fight Trump,” commentator Kyle Kulinski wrote. “‘Third Way’ is a Diet MAGA op.”
“Hey Shane is there a reason you don’t mention who funds Third Way, WelcomePAC and Center for New Liberalism?” podcaster Adam Johnson said to the article’s author, Shane Goldmacher. “They’re backed entirely by pro Israel billionaires, big pharma, big oil, big tobacco, Wall St, etc. isn’t this worth noting when reporting on their alleged motives?”
The Democratic centrist response to its own voters rejecting it and the establishment has been to reinject millions of dollars back into that failed establishment. While the DSA has certainly run spirited campaigns, what has stood out most in this ongoing left-versus-liberal battle is liberals’ institutional lack of vision—and their beholdenness to corporate power.
Why can’t we stop giving Israel money to blow up babies in Palestine, Lebanon, and Iran? Why can’t we make sure Americans don’t go into financial ruin just to get chemotherapy? Why can’t we give the average person more power than corporate PACs and billionaires? These aren’t just frivolous talking points that only hold water in Bushwick—these are winning issues in the hearts and minds of Democratic voters across the country.



