There has been a massive transfer of wealth from the working class of this country to the top 1 percent. And at the end of the day.. the media doesn’t talk about it, the corporate media does not talk about it—nobody can defend three families in this country owning more wealth than the bottom half of the American people. Or that 49 percent of all new income today goes to the top 1 percent. That is indefensible. That is outrageous. That is immoral. And I think the American people understand that has got to change...

— Bernie Sanders on Capitalism

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "There has been a massive transfer of wealth from the working class of this country to the top 1 percent. And at the end of the day.. the media doesn’t talk about it, the corporate media does not talk about it—nobody can defend three families in this country owning more wealth than the bottom half of the American people. Or that 49 percent of all new income today goes to the top 1 percent. That is indefensible. That is outrageous. That is immoral. And I think the American people understand that has got to change..." in the context of "Bernie Sanders, ‘We Have to Talk About Democratic Socialism as an Alternative to Unfettered Capitalism, The Nation, John Nichols (12 June 2019)" to mean that wisdom is timeless.

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Source: Wikiquote: "Capitalism" (S) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Bernie Sanders

About Bernie Sanders

Bernard Sanders (born September 8, 1941) is an American politician who has served as the junior United States Senator from Vermont since 2007. The U.S. Representative for the state's at-large congressional district from 1991 to 2007, he is the longest-serving independent in U.S. congressional history and a member of the Democratic caucus. Sanders ran unsuccessfully for the 2016 and 2020 Democratic nomination for president.