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That's not even cynical, it's giving him credit for not being completely naive after so long in politics. There's no way he could win, and he surely knew there was no way he could win, and it's much more useful to mobilize an actual left in mainstream politics than to be a socialist President when the current state of American politics places the left at "Reagan", moderate at "the John Birch Society" and right at "herp derp build a wall to keep the brown people out."