Communist Bernie Sanders supporter Rep. Alexandria Ocasio-Cortez (D-NY) said “Billionaires should not exist” on Twitter Wednesday night as Sanders and other Democrat presidential candidates faced off in a Las Vegas, Nevada pre-caucus debate with late entrant Michael Bloomberg, the billionaire businessman and former three-term New York City mayor.
Ocasio-Cortez, 30, an economics major from Boston University who ended up tending bar after graduating before being elected to Congress in 2018, went on a Marxist style rant about income inequality and accused billionaires of not earning their money, echoing comments she made on The View earlier Wednesday.
AOC claims billionaires behind companies like Amazon and Walmart became rich by "underpaying their workers."
"I don't think" these billionaires "should exist." pic.twitter.com/laEMFJupQa
— Tom Elliott (@tomselliott) February 19, 2020
“In a time when ~60% of American workers make less than $40,000 a year, billionaires should not exist.”
“Also, billionaires don’t have a billion dollars because they “work” thousands of times harder than the teacher or the single mom. They are billionaires because the stock market makes that money for them, which relies on profiteering off insulin, low wages, scrapped jobs, etc.”
“(& if not this way, acquiring a billion dollars can also happen via monopoly power, low wages, rent-seeking behavior, not paying fair share of taxes, etc)”
“We need worker-centered policies that reign (sic) in Wall Street and value work – including a TON of unvalued and undervalued work, like caregiving. The cost of system that concentrates a billion dollars in the hands of few powerful people is massive, devastating income inequality.”
In a time when ~60% of American workers make less than $40,000 a year, billionaires should not exist.
— Alexandria Ocasio-Cortez (@AOC) February 20, 2020
Also, billionaires don’t have a billion dollars because they “work” thousands of times harder than the teacher or the single mom.
They are billionaires because the stock market makes that money for them, which relies on profiteering off insulin, low wages, scrapped jobs, etc.
— Alexandria Ocasio-Cortez (@AOC) February 20, 2020
We need worker-centered policies that reign in Wall Street and value work – including a TON of unvalued and undervalued work, like caregiving.
The cost of system that concentrates a billion dollars in the hands of few powerful people is massive, devastating income inequality.
— Alexandria Ocasio-Cortez (@AOC) February 20, 2020
We need worker-centered policies that reign in Wall Street and value work – including a TON of unvalued and undervalued work, like caregiving.
The cost of system that concentrates a billion dollars in the hands of few powerful people is massive, devastating income inequality.
— Alexandria Ocasio-Cortez (@AOC) February 20, 2020
Economics major Ocasio-Cortez snarked back at a critic who pointed out she uses an Internet platform created by people who were not rich but are now billionaires because of their work, saying, “Ironically, the reason many tech platforms have created billionaires is bc they track you without your knowledge, amass your personal data& sell it without your express consent. You don’t own your data, & you should. And btw, the internet was created w/ publicly funded research.”
Ironically, the reason many tech platforms have created billionaires is bc they track you without your knowledge, amass your personal data& sell it without your express consent.
You don’t own your data, & you should. And btw, the internet was created w/ publicly funded research. https://t.co/dcCzZKmbzh
— Alexandria Ocasio-Cortez (@AOC) February 20, 2020
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