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Hillary Clinton says Democrats are so socialist it hurt her in the election

Hillary Clinton told an audience that she believed her admission that she was a capitalist hurt her in the 2016 election because so many in the Democratic party are socialist. (Jewel Samad/AFP/Getty Images)

Former presidential candidate Hillary Clinton said that she likely lost some support in the 2016 election for answering that she was a capitalist because so many in the Democratic party identified as socialist.

Here's the video of Hillary's comment:

Here's what she said

Clinton was speaking at the Shared Value Leadership Summit in New York City Wednesday when she was asked by Fortune president Alan Murray if being a capitalist hurt her in the 2016 election.

"You may be the only presidential candidate since World War II that actually had to stand up and say I am a capitalist," Murray asked, "and you did, uh, did it hurt you?"

"Probably," Clinton answered to some laughter from the audience.

"I mean," Clinton responded, "you know, it's hard to know but I mean if you're in the Iowa caucuses and 41 percent of Democrats are socialists, or self-described socialists, and I'm asked I'm a capitalist, and I say 'yes, but with appropriate regulation and accountability,' you know, that probably gets lost in the, 'oh my gosh, she's a capitalist!'"

Clinton fended off a challenge from upstart Senator Bernie Sanders (I-Vt.) from the left in the Democratic primary, but her campaign was bloodied as evidence surfaced of favoritism from the Democratic National Committee.

When Sanders was asked in October 2015 if he was capitalist, he had a straight forward reply.

“No,” Sanders said. “I’m a Democratic socialist."

"But what I mean is I’ve been elected as an independent throughout my political career," he added. "I’m running now in the Democratic nomination process.”

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