Sen. Bernie Sanders (I-Vt.) published an op-ed on Fox News, slamming the political power of billionaires in the U.S. and increasing wealth concentration, arguing the country is moving down “the path of oligarchy.”
“We are in a pivotal and unprecedented moment in American history,” he argued in the op-ed, . “Either we fight to create a government and an economy that works for all, or we continue to move rapidly down the path of oligarchy and the rule of the super-rich.”
The former two-time presidential candidate slammed the top 1 percent, calling out Elon Musk, Jeff Bezos and Mark Zuckerberg and claiming the trio “own more wealth than the bottom half of our society — over 165 million people.”
“It is estimated that six huge media corporations now own 90 percent of what the American people see, hear and read,” he wrote. “This handful of corporations determines what is ‘important’ and what we discuss, and what is ‘unimportant’ and what we ignore.”
Sanders issued a call to action against these developments, stating there are two paths forward: the ruling billionaire class or democracy and justice.
“We are in a pivotal and unprecedented moment in American history,” he argued in the op-ed, . “Either we fight to create a government and an economy that works for all, or we continue to move rapidly down the path of oligarchy and the rule of the super-rich.”
The former two-time presidential candidate slammed the top 1 percent, calling out Elon Musk, Jeff Bezos and Mark Zuckerberg and claiming the trio “own more wealth than the bottom half of our society — over 165 million people.”
“It is estimated that six huge media corporations now own 90 percent of what the American people see, hear and read,” he wrote. “This handful of corporations determines what is ‘important’ and what we discuss, and what is ‘unimportant’ and what we ignore.”
Sanders issued a call to action against these developments, stating there are two paths forward: the ruling billionaire class or democracy and justice.