Skip to main content

Market Overview

Markets
QQQ555.81
+5.010.91%
DIA448.33
+3.620.81%
SPY625.01
+4.560.73%
TLT86.99
-0.59-0.67%
GLD306.38
-2.87-0.93%

Bernie Sanders Says, 'There Is A New Breed Of Uber Capitalists Who Really Believe They Are Superior Human Beings'

Share:
Bernie Sanders Says, 'There Is A New Breed Of Uber Capitalists Who Really Believe They Are Superior Human Beings'

Sen. Bernie Sanders (I-VT) is calling out America’s wealthiest and most powerful, saying that a new kind of billionaire class sees itself as inherently superior. 

In a wide-ranging interview on the “Flagrant” podcast, Sanders took aim at everything from campaign spending deregulation and corruption to healthcare, education and the future of the Democratic Party.

‘Superior Human Beings’ And A Broken System

“There is a new breed of uber capitalists out there who really believe, and they write about this as well, that they are superior human beings,” Sanders told the podcast hosts Andrew Schulz and Akaash Singh. He said many of today's billionaires view themselves not only as financially successful but as more deserving of power. 

Don't Miss:

Get Market-Moving News Before Wall Street Reacts

From surprise tariff announcements to sudden ceasefire headlines, Benzinga Pro delivers real-time alerts that move markets. With global tensions escalating, timing is everything—and seconds matter. Save 60% when you join this 4th of July.

Sanders continued, explaining there was “writing on the right, on the far right, which really diminishes democracy, and that really the smart and the wealthy and the powerful have the right to rule.”

Sanders pointed out that this mindset reflects an old worldview dressed up in new clothes. “Back in the 19th century… I am the king, God made my family king… Sorry you’re starving to death but that’s the way life goes,” he said. “God told me my family rules.”

Schulz noted a trend among the ultra-wealthy: they often pledge to give away their fortunes late in life. “Upon their death, a lot of them have decided to give away their money,” he said. “As they get closer to death, they're like, ‘Our goal is to give away all our money,' which seems to tell me that they think that there is an issue with them having all that money.” 

Trending: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation.

“They’re like, ‘It’s kind of wrong that we should just keep all this in our family,'” he finished.

Sanders criticized what he sees as a system rigged to benefit a few at the top. He said the country has enough money to fix its biggest problems, but refuses to do so. “We are the richest country in the history of the world,” he said. And yet “60% of people live paycheck to paycheck.”

He blamed decades of corporate influence, broken campaign finance laws and political cowardice for the decline of the American middle class. According to him, the Democratic establishment wants to maintain the status quo, and President Donald Trump‘s solutions will make it worse.

See Also: Are you rich? Here’s what Americans think you need to be considered wealthy.

Healthcare, Education And Working-Class Neglect

Sanders emphasized that Americans are paying more for less across key services. “We are spending twice as much per person on healthcare as most of the European countries,” he said, adding that tens of thousands die every year because they can’t afford medical care. His examples include going to a doctor too late, avoiding the co-pay and the deductible

He also mentioned the U.S. treats child care and education as afterthoughts while claiming to love kids. “We pay child care workers McDonald’s wages,” Sanders said.

While he confirmed he won’t run for president again, Sanders said the work is far from over. He sees hope in a growing movement of younger politicians, many of whom refuse corporate political action committee money. He said there are dozens in the House now who are standing up for the working class, citing Rep. Alexandria Ocasio-Cortez (D-NY) and others.

Read Next: Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you.

Image: Shutterstock

Tariffs, Oil, and a New Wave of Volatility—Are You Ready?

Markets are entering a pressure zone as trade deadlines, rising oil prices, and fiscal tensions collide. Wall Street veteran Matt Maley is going live to reveal how he's navigating this macro storm—and which trades he's targeting with leveraged ETFs. → Register for this strategy session now.

 

Related Articles

View Comments and Join the Discussion!

Posted-In: news access Startups AccessNews

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com