By <a class="c-link lrv-u-color-black lrv-u-color-brand-primary-dark:hover lrv-u-text-decoration-underline:hover lrv-u-text-transform-uppercase" href="https://www.rollingstone.com/author/pwade/" > Peter Wade</a> <br> Sen. <a href="https://www.rollingstone.com/t/bernie-sanders/" id="auto-tag_bernie-sanders" data-tag="bernie-sanders" >Bernie Sanders</a> is ringing the alarm that the United States is “rapidly” becoming an oligarchy run by billionaires out to enrich themselves.<br> “We are moving rapidly into an oligarchic form of society. Never before in American history have so few billionaires, so few people, have so much wealth and so much power,” the senator said.<br>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.' Well we got an oligarchy here too." <a href="https://t.co/3l27Nu5h20" rel="nofollow" target="_blank" >pic.twitter.com/3l27Nu5h20</a><br> “Never before has there been so much concentration of ownership, sector after sector, power of Wall Street,” he continued. “And never before in American history — and we better talk about this — have the people on top had so much political power. 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.”<br> Sanders decried the influence of billionaires in the past election, saying that “billionaires spent huge amounts of money to elect their candidates.”<br> In a <a href="https://twitter.com/SenSanders/status/1867587923933081643" rel="nofollow" target="_blank" >video released Friday</a>, Sanders said, “In 2024, just 150 billionaire families spent nearly $2 billion to purchase candidates.” <div class="admz" id="adm-inline-article-ad-1"> <div class="adma boomerang" data-device="Desktop" data-width="300"> <div style="min-width:50px;min-height:75px;" class="pmc-adm-boomerang-pub-div ad-text" data-priority="10" > <div id="gpt-dsk-tab-article-inbody-uid0" class="adw-300 adh-250" data-is-adhesion-ad=""> <script type="application/javascript">
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