Bernie Sanders: 'Oligarchs run Russia. But guess what? They run the US as well'

[CousinIT]

https://www.theguardian.com/us-news/2023/feb/19/bernie-sanders-oligarchs-ok-angry-about-capitalism-interview

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Sanders has written a new book partly aimed at that millennial generation – its Day-Glo title is It’s OK to Be Angry About Capitalism – reminding the young of their age-old rights and responsibilities.

The driving narrative of the book is outrage at the obscene wealth inequalities in the world’s richest economy. One of the things that Biden had the temerity – in the Wall Street Journal’s view – to raise in his State of the Union address was a billionaire minimum tax, “because no billionaire should pay a lower tax rate than a firefighter or a schoolteacher”. Under the proposed tax on annual gains in wealth, tech billionaire Elon Musk, for example, would have paid upwards of $20bn a year through the pandemic. Sanders would go further, but he concedes it’s a start. In his book he refers to America’s billionaires as oligarchs. He hopes the pejorative will finally start to catch on.

“One of the points that I wanted to make,” he says, “is yeah, of course the oligarchs run Russia. But guess what? Oligarchs run the United States as well. And it’s not just the United States, it’s not just Russia; Europe, the UK, all over the world, we’re seeing a small number of incredibly wealthy people running things in their favour. A global oligarchy. This is an issue that needs to be talked about.”

There are plenty of others. Sanders writes, likably, as he talks – straight to the point, low on personal digression, high on public policy. A keen admirer of his once observed how “Bernie’s the last person you’d want to be stuck on a desert island with. Two weeks of lectures about healthcare, and you’d look for a shark and dive in.” In this determination, he says, he wants to be an antidote to the oligarch-owned American media, which would have its audience think and talk about anything else – celebrities, the ballgame, the latest “woke” meme – than the stuff that might loosen their control of politics and the economy. “We don’t talk about our dysfunctional healthcare system. We don’t talk about income and wealth inequality. We hardly talk significantly about the existential threat of climate. The purpose of my book is to begin that discussion.”