Sen. Bernie Sanders is ringing the alarm that the United States is “rapidly” becoming an oligarchy run by billionaires out to enrich themselves.
Bernie Sanders: "We are moving rapidly into an oligarchic form of society … we can't go around the world saying, 'in Russia Putin has an oligarchy.'
We can’t go around the world saying, ‘Oh, well, you know, in Russia Putin has an oligarchy.’ Well, we got our oligarchy here too.”.
Sanders decried the influence of billionaires in the past election, saying that “billionaires spent huge amounts of money to elect their candidates.”.
In a video released Friday, Sanders said, “In 2024, just 150 billionaire families spent nearly $2 billion to purchase candidates.”.
Sanders’ Democratic colleague, Sen. Chris Murphy, explained the concept of oligarchy and how the U.S. is moving toward it in an interview last week on MSNBC.
“I think we talk a lot about the coming dictatorship, but I think what’s really coming is what you would call an oligarchy,” Murphy said. »
