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Senator Bernie Sanders discusses oligarchy, wealth inequality, and the need for progressive change in America. He shares insights from his book and reflects on the political landscape, the role of corporations, and the importance of grassroots movements.
Published October 9, 2025
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Bernie Sanders
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Interviewer: He served four terms as mayor of Burlington, Vermont, eight terms in the U.S. House, and was elected to the Senate in 2006. This photo of a young Bernie Sanders being arrested in 1963 on the south side of Chicago in the midst of the civil rights movement. I'm very proud of the Interviewee: fact that I'm the longest serving independent in the history of the United States. I caucus with the Democrats and always have.
Interviewer: Some people would be like, Bernie Sanders is not a Democrat, but he's speaking for the progressive wing of the party right now. Billionaires should not be able Interviewee: to buy elections. And by the way, that's not just a progressive perspective. Conservatives understand that, too.
Interviewer: Bernie Sanders drawing crowds of tens of thousands in his full-throated fight against oligarchy. Trying to help Democrats find their footing among working-class Americans and reclaim power next November. This is What Now with Trevor Noah.
Interviewee: Buzz, take a look and see it. My wife is going to yell at me. I'm being totally disheveled. Yeah, that's funny. I want to be half as good looking as Trevor. I don't want to dominate the whole thing. They account for age. It's like golf with a handicap. How long have you been in town? Oh, about a half hour. Oh, wow. Okay. How long are you staying in town? Oh, about a day. Okay. We're doing an event with Mamdani tomorrow night. Oh, that's exciting. Oh, that's really exciting. And presumably we're doing a parade in the morning if it doesn't rain. So we'll see. It said it was going to rain today and then it didn't. So I hope that's a good sign. Good. I think like every day it's switching around, you know. So you do these things, what, five days a week? I try and do as many as I can when we can, you know. So it depends on when people are around, when we can, you know. So you kind of enjoy this stuff? I love it because I love that we get to spend time, you know. Well, that's the revolution and it's people are tired of seeing seven-second soundbites. Exactly. And I'm amazed. I mean, podcasts have exploded, haven't they? Yeah. So I think it's nice for a book, for a conversation, for politics, funnily enough. Yeah, for anything. I mean, how the hell you understand anything in a few minutes ago. All good, all settled, all everything. Then we jump into it.
Interviewer: Senator Bernie Sanders, welcome to the show. Great to be with you. Do you take requests that are going to be in New York just so you can get back to New York? Interviewee: Not really. No, we have some important engagements tomorrow. We're going to be working to see that Mr. Mamdani becomes the next mayor of this great city and we'll be working with him tomorrow.
Interviewer: That's exciting. That's actually really exciting and I feel like it ties into everything that you're here to talk about today because, you know, I was reading through your new book that's coming out and I was reading about your life and I was just thinking to myself, you know, there's one part of the book where you make your dedications and you dedicate the book to your grandchildren. And there's another part of the book where you talk about the teachers that you've spoken to and the struggles that they face in America today. You know, just the cost of living, the cost of teaching, the cost of being. And as I was reading through my notes and everything, I went, wow, Bernie Sanders, 83 years old. And I was looking for time markers in and around what 83 means. And I was like, social security is 90 years old. And I don't know why I felt like that was a particularly significant thing because I felt like you are somebody who has lived long enough to see America through different stages and through different phases. And so maybe that's where I'd like to start as we move through this journey, getting into the fights against oligarchy and what you're trying to get people on board with now. How far do you think America is off from the promise it's given to its people? Interviewee: I think you have a president who is way, way off, who is, in my view, the most dangerous president in American history, taking us in the wrong direction in every area. On the other hand, I think you've got a whole lot of people who would love to see a very, very different America than we have today. So Trump is, what Trump is saying, and this is, I think, an important political point. He says the system is broken. And you know what? He's right. System is broken. Problem is his solutions will make a bad situation worse. And from a political point of view, the Democrats say, well, you know, we're going to tinker around the edges on this, do a little bit over here, but basically we're doing okay. Yeah. That's wrong. So I think you have millions of people who understand that in the richest country, in the history of the world, we should be doing a hell of a lot better than we are doing today.
Interviewer: You know, it's interesting you just said that because I was talking to the team and, you know, my friend and I were walking, chatting about this episode. And one of the things that struck us was exactly what you said is Trump always identifies that there is a problem, right? His solutions oftentimes seem absurd and they are, but he identifies that there Interviewee: is a problem. Exactly right. And not only him, if you talk to his people in education, they say the system is broken. You talk to people in who work on healthcare, they say the system is broken. So they tap the anger and the frustration. People say, yeah, the system is broken. Then you hear their solutions. Half the time, they're totally crazy and will make the situation worse. But it is important. And what I try to do in the book is to lay it on the table. What the hell is going on in America right now? Well, you tell me, is the system working?
Interviewer: Why do you think you're comfortable doing that when so many of your, you know, fellow senators and congresspeople aren't? Because I think of AOC. I don't know if you ever saw, this was right after the election. AOC did a poll. I think it was on Instagram. And she said, how many of you voted for me and voted for Donald Trump? Which seemed crazy. No, it did not seem crazy. And a lot of people said, I voted for you and I voted for Donald Trump. And the main thing they said was, I voted for both of you because although you're very different, you both acknowledge that this thing doesn't work. Interviewee: That's exactly right. And the people are right. Look, I mean, I think one of the things I try to do in the book is to raise issues that you're not going to see on corporate media. And you're certainly not going to hear discussed very much in that U.S. House or U.S. Senate. Politicians don't talk about it. And that is, okay, who has the wealth and who has the power? Simple question, right? Yeah. Do you ever talk of it? Do we ever hear much discussion about it? We don't.
Interviewer: But the reality is that today in America, and we spend a lot of time talking about this in the book, is we have more income and wealth inequality than we've ever had in the history of the United States, okay? Now, you tell me if it's not crazy. I think it's crazy that you have one guy, Elon Musk, owning more wealth than the bottom 52% of American households. Interviewee: Bottom 52%? Interviewer: Yes. Interviewee: Is that insane? I think it is. But here's another point. Who determines what we should get outraged about? All right? So some kid with a gun walks into a shop down here and shoots somebody. We're all outraged. And we should be, okay? Crime is a serious problem. But if the heads of the fossil fuel industry lie to us day after day and are jeopardizing the well-being of billions of people on this planet, should we get outraged or should we give them an award for being great humanitarians? In other words, you understand what I'm saying? They control the culture, what we're supposed to respond to. So to me, you lay it right on the table. It is insane that one person owns more wealth than the bottom 52%. Top 1% owns more wealth than the bottom 93%. CEOs make 350 times what their workers make. So you just put that on the table. Should we be discussing that day in and day out? I think we should.
Interviewer: Some people say we're going after the wrong people though. I've heard so many people when I have these conversations with them, they go, why are you getting angry that Elon made money? I mean, Elon's made electric cars and Elon has made this fantastic space internet. And Elon has made so much money for the American public. And Elon hires people and Elon has factories. And why are you hating on him, Bernie? Why are you hating on the guy who's bringing ingenuity and he's bringing money? Interviewee: Like why? He's making the money. Good. That is exactly right. And millions of people share that view. So should we be quote unquote punishing Elon? No. But should we be having a living in a society which allows so few to have so much wealth and so much power? And it gets to a whole other issue, which we try to raise in the book. All right. Everybody wants to make money, right? You want to make money. I want to make money. Everybody wants to live comfortably. Elon Musk wants to live comfortably. Is enough enough? When is enough enough? How much do you need? And how far are you willing to go to A, destroy the environment, all right, to get more, or to do things like recently, you know, Trump's big, beautiful bill, a trillion dollars in tax breaks to the 1% massive cuts to Medicaid, nutrition, and education. And these guys will go further. In other words, they do not look at economics as something, well, you know, I've made it. I got $3 billion, man. I couldn't spend that in a thousand years. How lucky am I? It's not what they think. They want more and more and more, more wealth and more power. And that has got to be stopped.
Interviewer: When you look at the way the system is built right now, you know, I know it's easy for a lot of people to say, we hate oligarchs. And then other people say, oh, America doesn't have oligarchs. They go, America has a democracy. And America just has some very rich people who have made some important things that make the world go around. So we shouldn't call them oligarchs. We should call them business people. And that's what America's founded on. It's founded on business. How do you respond when somebody says, well, Bernie, you're just trying to interrupt a very natural thing that is capitalism and it's the greatest system in the world? Interviewee: Well, you're in a hyper-capitalist situation. When we talk about oligarchy, you're talking about a small number of people with incredible wealth and power. All right? So what is their power about? Their power is not only that they control to a significant degree the entire economy. So today, not only do you have more income and wealth inequality that we've ever had, you have more concentration of ownership. Okay? That means fewer and fewer large corporations own and control what is produced, what their workers make, what you pay at the grocery store. Yeah. Okay. And then on top of that, these corporations themselves are owned by huge Wall Street firms. So you have companies like BlackRock, Vanguard, State Street, these three corporations combined are the dominant stockholders in 95% of American corporations. Got that? So they're the dominant? Yes. Add the three together. You look up, go to Google, look up any corporation you want to, almost any, you will find Vanguard, State Street, BlackRock, major stockholders. I know you're looking at me in a quizzical way here. It's true. Check it out. So what it is under, here, give you an example. I was the chairman of the health education, labor and pension committee. Now I'm the ranking member. So we hear from and reach out to workers all over this country who are involved in labor struggles. Okay. They call Bernie, we're on strike. Can you give us support? So we get on the phone and we call up the guy who's nominally the head of the company. He says, you're talking to the wrong guy, Bernie. Somebody else owns us. And you find that somebody else owns somebody else. That's what a conglomerate is about. Somebody owns something, but it's owned several times over. Yeah. All right. It's a relatively small number of people who control the economy. That's called oligarchy. But it's not just that. How do you get the information? You're in the information business, right? Or the entertainment business. That's what you do for a
Interviewer: movie, correct? So who owns the media? Interviewee: You told me. It's a few companies now. Interviewer: That's right. Yeah. And everything's getting consolidated. It's becoming smaller and smaller. It's fewer and Interviewee: fewer people. You got it. Yeah. All right. So what my understanding is you have six large international conglomerates, media conglomerates that control about 90% of what the American people see, hear, and read. All right? So look, take a look. Talk about oligarchy. Mr. Musk, is that all he does is make electric vehicles? Not quite. He owns Twitter, right? Yeah. Oh, what about Mr. Bezos? Well, he owns the Washington Post, which is a very influential newspaper. And he owns Twitch. Oh, what about the Ellison family? Well, they just bought Paramount, which happens to own CBS movie. All right. And then you got Mr. Zuckerberg, of course, who owns Meta, which controls Facebook and Instagram. So you got four of the wealthiest guys in America owning just those, not to mention Rupert Murdoch, obviously, owns Fox, the Wall Street Journal, the New York Post, right-wing newspapers all over the world. You check out who owns newspapers in the United States, billionaires by and large. So you add up income and wealth inequality, concentration of ownership, control over the media. And let me throw out another one. We talked about democracy. Well, Trevor, do we live in a democracy? People would say yes. And the answer is yes and no. We have elections, right? So who plays the influential role in elections? All right? Let's go back just to the last election. Mr. Musk, the wealthiest guy on earth, spent $270 million to help elect Donald Trump, right? $270 million. That's true. And his reward, these guys don't make investments without getting something in return. True. I mean, they don't do it out of the goodness of their heart. So forget all the tax breaks and other breaks that he got. He got to run the government for three or four months and impose his right-wing extremist ideology on the American people. I'll give you another example. There was this so-called big, beautiful bill. What happens if a Republican were to stand up and say, you know what? I looked at this bill. It ain't a good bill. And it happened. There's a guy named Tom Tillis. That name bring a bill to you? He's a senator from North Carolina. Not the world's most famous senator. Just kind of a typical conservative Republican. He made the mistake of actually reading the bill. And he discovered that several hundred thousand people in North Carolina were going to lose the health insurance. He says, you know what? I can't support that. You know what happened to him? Literally within hours, Trump was on social media ripping the hell out of this guy. Billionaires were saying, we are going to, you know, we got a primary opponent against you. And I think in a day he said, forget it. I'm out of here. I'm not running for reelection. So right now, what oligarchy is about is not only controlling the economy, controlling the media, it is also controlling the political process. Yeah. And it's not just Republicans. Kamala Harris had some 80 billionaires contributing to her campaign. And I think that resulted in her running a much more conservative campaign than she should have run. It was an election that she should have won, in my view. She lost it because of conservative influence from the billionaires who told her not to speak up for working families. That's called oligarchy.
Interviewer: Does that sound like an oligarchy to you? I mean, it sounds like an oligarchy. The only thing that comes to mind is that I think of an ecosystem. Any ecosystem goes out of balance when one species is sort of allowed to thrive by itself without a natural predator of some sort. So it's a weed or a plant that moves and then all of a sudden it just profilates over and over. Do you get what I'm saying? It can be a rabbit that goes from one island to another and all of a sudden it can just breed to infinity and wipe things out. I wonder if America can get out of this place because as you just said, there's something really interesting to what you just said. The Republicans have very openly said, especially under Trump, we're pro-business and we're with these people. Democrats say they're on the side of the people, but then a lot of the time their actions don't seem to match up. It seems like they- Interviewee: Trevor, let's not be naive. No. I don't think anyone in America believes that Democrats are on the side of working class people. I mean, there's some rhetoric occasionally, but most working people don't know it. And in fact, the dynamics of American politics is over the last 40 or 50 years, the Democratic Party, which once was the party of the American working class, is now a corporate party, which has done, in fairness, and I always say this, we have made significant advances in civil rights, in women's rights, in gay rights, and at least in environmental consciousness. Democrats deserve a lot of credit for that. But in terms of representing the needs of the working class, if they represented the needs of the working class, you would not have this massive income and wealth inequality. And equally important, today, you know, I talked about the rich getting richer and all that stuff. What's going on for the- you tell me, what's going on for the working class in America today? How are they doing?
Interviewer: Earning less than ever before. Interviewee: That's right. Interviewer: Income's not matching up with inflation. Interviewee: You got it. Interviewer: Yeah. Interviewee: So here's a startling fact, we put it in the book, and that is over the last 50 or so years, real inflation accounted for wages, weekly wages, for the average American worker is lower today than it was 50 years ago. Lower today than it was 50 years ago. Think about the explosion in technology, right? Workers are far more productive. They're producing a lot more. And yet during that entire period, despite increases in worker productivity, real inflation accounted for wages are lower. Meanwhile, during that same period, there was a $75 trillion transfer of wealth that went from the bottom 90% to the top 1%. So you add all of that stuff up, it's not hard to, you know, I think people instinctively understand it. The very rich are doing phenomenally well. Massive transfer of wealth, working families are struggling. 60% of people in America today live paycheck to paycheck. We have the highest rate of childhood poverty of almost any major country on earth. Highest rate of senior poverty of almost any major country on earth. That is where we are as a nation today.
Interviewer: In the book, you tell a story about being at Trump's inauguration. No. No, you're reminding me of that, right? You wrote it in the book. I know. You know, and you talk about looking around at the people who are gathered there. And obviously, there's everyone, you know, who works in the government, senators, et cetera. But you notice there's an outsized collection of the richest people in the world. Like the way you describe it, it sounds less like an inauguration, more like a, like a board meeting, you know, like a... Interviewee: That's true. Interviewer: It seems like, I want to know if you think this is the worst it's been. Was it growing to this? Because it truly didn't just happen overnight. Interviewee: Of course not. Interviewer: When do you think, what do you think was the first domino? If we were to take a step back and go, okay, Bernie, when do you think you remember seeing the first domino where you went, oh, man, this is not how it's supposed to go? Interviewee: I don't know if I know the answer to that, but I will tell you. I mean, again, going back to the inaugural, you had the three wealthiest guys, Musk, Bezos, and Zuckerberg sitting right behind Trump. And right behind them were another, I think, 15 billionaires who Trump had nominated to head up a major federal agencies. Okay? That's the reality. This is a government government of the billionaire class, by the billionaire class, and for the billionaire class. When did this begin? Did it just start under Trump? Of course not. Interviewer: Mm-hmm. Interviewee: But I think the brazenness, what you got to give Trump credit for, in the past, money always played an important role. No secret there. But he's right out open. I don't give a damn. The whole world knows it. I got the richest people in the world sitting right beside me. And they're going to generously give to my inauguration fund. And oh, my goodness, they're going to give me gifts. And oh, my goodness. Yep. My presidential library. Yeah. Right. And the guy from Qatar, whatever his, you know, decided to give us a $300, $400 million plane. Just a generous person. So nice to me. And on and on it go. He's made billions of dollars from crypto, et cetera, et cetera. When did it begin? I think, I'm not an expert on this. I think early 1970s, when Democrats were saying, hey, Republicans get all this corporate money. Why don't we start getting some of that money as well? And in politics, the truth is, you know, see, there's an old Woody Guthrie song, which is, which side are you on? So if you're taking money from billionaires and large corporations, at the end of the day, you may say nice things. You may occasionally do good things, but you're not going to be on the side of the working class.
Interviewer: And the results are pretty clear. So when you're in Washington, D.C., and you're surrounded by all these people, I always wonder sort of like what the inner conversations are. Because I read articles, and obviously, you know, I'm on the outside. And so I'm trying to understand what's happening. And I remember one of the articles I read that really got me was, it was talking about the upcoming midterms, and then thinking forward to the next election. And I'm sure you've seen this, but it was AI-related tech investors, and you know, the likes of Zuckerberg, and you name it. And they are putting together these massive, massive super PACs. And their only goal is to go after politicians who suggest any type of regulations against AI. And they go, we're going to destroy you before you get in. And then some politicians have commented either on or off the record saying, well, I don't want to cross them because I don't think this AI thing is that big a deal in what I'm doing anyway. Interviewee: So I'm just not going to cross them. That's true. But that's what I'm talking about. So do we live in a democracy? Yeah. But if you vote away, if I'm a crypto guy, or I'm an AI guy, or I'm a fossil fuel guy, you can run for office, but I'm going to put huge amounts of money in a super PAC as a result of this disastrous Citizens United Supreme Court decision, and I'm going to beat you. Now, will I beat you every single time? No. But you know what? If I put tens and tens of millions of dollars into your opponent, Trevor, I will beat you most of the time. And that's called a corrupt political system, and that's what we're living under.
Interviewer: So where do we begin? In the book, you lay out all these facts. And I won't lie. When I was reading through some of the numbers, I was like, Bernie, this is insane. The numbers are so overwhelming. Yes, they are. It's impossible. It just seems like this monumental task. And then you talk about, which I think is important, all the people who are coming out to support. You've got 30,000 people coming to your rallies at a time when the media tells people that no one wants to be engaged in politics. You've got it. The media says no one cares about politics anymore. No one wants to read it. But they're coming out to your rallies. People are showing up. People are showing up for Mamdani. People are showing up for certain politicians who are saying a certain thing. And I wonder what the first steps are. Maybe that's what we should be talking about is you go through the book. And I love how you take us through some of the historical fights, for instance, that once seemed unwinnable. If you were to start with one thing today, where do you think we start? Because it seems like a cycle right now. They have the money so they can put the ads out. The ads get their people in. When their people are in, they make the laws to favor them. So how do you break Interviewee: it? Because it seems like a chicken and the egg cycle. Look, I wish I could tell you there was a magical solution. But you mentioned the Mamdani campaign is a very good example. It seems to me like a microcosm of what we're looking at. Give you an example. So this guy, who no one had never heard of, starts off at 1% of the polls right here in New York City, 2%. He suddenly starts raising issues that are on everyone's mind. Nobody can afford housing in New York City, right? Working class people can't do that. Transportation is expensive. Childcare is off the charts. Working class people have a hard time getting decent quality food for their kids at a price they can pay, right? Among other issues. He starts raising these issues, gets more and more support. comes into the primary. He generates, as I understand it, he gets 50,000 volunteers. 50,000 volunteers. That is insane. Totally insane. All right? So to everybody's shock and surprise, he beats a former governor, right, Mr. Cuomo? Right. Everyone beats a... All right. You would think, now in terms of politics, let's just talk about politics, Democratic Party with leadership would say, whoa, here we are. Our people are demoralized. Trump was elected. We got a young guy, a smart guy. He has 50,000 volunteers raising small dollar donors. This could not be better. Oh my God, we're off and running. There's a revolution. Thank God. Well, not quite. The four major Democratic leaders in the state of Vermont as of today, no one's supporting him. Now, doesn't that sound a little bit weird when the Democratic Party, according to the polls today, is at the lowest point that has been in decades. One candidate generates enormous enthusiasm, pulls off a major upset, but they don't support him. Why is that? And what does this have to do with oligarchy? Meanwhile, at the same time, you have people, and this to me is kind of new. Money always played a role in politics, no question. But you got people like, was it Bill Ackerman or something? Yeah. Yeah. He says, we are oligarchs, we are billionaires, and we are now going to spend as much money as it takes to defeat Mr. Mondani. Really? That's called democracy? I mean, and they're out in the open about it. It's not like he's putting money underneath it. Yeah, yeah, yeah. Front page of the newspaper. So who the hell is, who runs the city? And then what you're really looking at, and I don't want to take this too far a stretch, you got a president of the United States. You know, he gets into sometimes squabbles with Mr. Putin. But the idea of, you know, in Russia, there are elections. You know that? Putin always gets 80, 90% of the vote. He does very well. Only his people can run for office. So Saudi Arabia, where you will remember Trump made his very first trip, that's where he went, to Qatar, Saudi Arabia, UAE. These are zillionaires, I mean, some of the wealthiest people in the world, running autocratic governments. So what is true, in my view, is many of the, coming back here to the United States, many of these big tech guys, they don't believe in democracy. I mean, read what they say. It's not just that they want to even support this or that opponent. At the end of the day, they think democracy is an impediment to their God-given right to make as much money as they want. That's what we're looking at right now.
Interviewer: Scary stuff. So I can't help but wonder where America goes from here, because New York is like the perfect example. You know, everyone was shocked at how Mamdani rose. I mean, his ascendancy was nothing short of spectacular. Andrew Cuomo seems like it's a done deal. The next thing you know, Mamdani has it. Andrew Cuomo is dropping out and then he's not dropping out and then nobody's supporting Mamdani. I won't lie to you, it felt reminiscent and it feels reminiscent of your campaign in 2016. 2020, 2020. More like 2020. Interviewer: Yeah, 2020. But also, but like, yeah, sorry, yeah, going back. But like, when I think of, no, but I think of your campaign where everyone assumed Hillary was winning and people went, well, this is the next line in the succession. This is how it's going to go. She was the anointed one. Interviewee: The anointed one, right. This senator from Vermont comes along, Bernie Sanders. People go, oh, it's silly summer. It happens. It'll go. Exactly. The people on the ground start swelling up and the people say, I think this Bernie guy could be the one. But then the Democratic Party are the ones that stand in the way. And I then ask a question that I think a lot of people are asking on the ground. And that is, is the Democratic Party still the vehicle for liberalism in America?
Interviewer: Well, I don't like the word liberalism, but I would, for progressivism. Interviewee: Oh, progressivism. Okay. Interviewee: Better word. And the answer is to be God's, God honest with you. I don't know. I don't know. We are supporting candidates who are running as independents and as progressive Democrats right now. What I will tell you, Trevor, is that around the world, what's going on here in the, around the world, there are similar political situations that there are here in the United States. Yeah. So centrist parties like the Democratic Party are in decline in Germany, in France, in the UK. Right-wing extremist parties like Trump's MAGA movement are on ascendancy with some exceptions. That's the trend. And the reason is that all over the world in the global economy, working people, rural people are feeling left behind while the rich get richer. And right-wing extremists like Trump have something to say to them. Centrist parties do not. So I think where the Democratic leadership is right now is way, way, way out of touch with where working families and the majority of the people are. So either they get replaced, either there is a movement that says, thank you for what you've done, you're gone now. We need a new party that represents working people. Or else they hang on so tightly that they force the creation of another party, which is not easy in the United States. It's easier in the UK and other countries. But the current leadership of the Democratic Party is, as I mentioned, New York State is a perfect example. Where there should be enthusiasm and excitement, there is fear that working class people, that ordinary people are going to get involved and threaten the existence of the leadership peer, their power.
Interviewer: How are they out of touch? I don't understand that. So let's use the Mamdani example. For me, it seems like a simple one, right? Andrew Cuomo gets trounced. Like he gets trounced in a way where on the night he can go home, he doesn't have to delay anything. Generally, that's a trouncing in politics. To your point, in my head, in many people's heads, you'd go, okay, it's obvious. And this seems like the popular route to go down, which is what politics is supposed to be, as in like popular of the people. The people are choosing what they would like, right? How do they not see that? Do they, what do they say to you when you're talking to them? What do they not see that people see? Interviewee: It's not a question of not seeing. Do not, these are not dumb people. And that's the first, oh, people don't understand. They understand everything. These are not dumb people. They have power and they want to keep their power. And they are what Mamdani has done. And what I have done in past presidential election is to threaten that power. So if you're sitting, if your power base is that you can raise a whole lot of money from wealthy people, you go to nice cocktail parties, you walk out with a hundred thousand dollars, you can hire a consultant, the consultant puts 30 second ads on television, that's your world. And then somebody else comes along, a Mamdani or somebody else, mobilizes tens of thousands of people, doesn't ask the rich for campaign contributions. That is a real threat to your existence. Okay? That is the bottom line. And the pity of it is these folks are not evil people, the democratic leaders that I know. They are certainly not dumb people, but they are more interested in clinging to power than to allow, to support a grassroots mobilization, which has the potential to transform America. They become an impediment to that process. You know, it's funny
Interviewer: when you were saying that, I was thinking about the entertainment industry. And I look at the shifts that are happening in the entertainment industry. They mirror a lot of what you're saying. For so long, Hollywood had a centralized idea of who said what and who got to say it. A few people decided who was in a movie, who was on TV and who got famous. Interviewee: That's right. That's right. Interviewee: And they did this for so long and they squeezed so hard that from the cracks of that little squeeze of theirs, you know, from the crevices of their fist, new media started emerging, new talents, new voices, you know. And so in the world of podcasts, it was the Joe Rogans and the world of streaming. It's like the Kaisenats, et cetera. And you see this happening everywhere. And they have now lost the ability to define. And funny enough, they've come around. So now if you want to promote a movie, you have to go on, you know, a streamer's platform. If you want to get somebody pushing your content, you have to go on YouTube now. You have to go. So the power is slowly moving in that way to the people. But it seems like Hollywood sort of understands it. And I don't know if they'll change, but it seems like they understand it. When you talk to Democrats who are establishment and they go, this is the way it is. Is there anything you say to them that convinces them? Is there any moment where you've seen them go, ah, Bernie, you're right?
Interviewee: Well, you do see that actually. You know, polling, they're not oblivious to polls. And what polls show is that people like myself, A, are popular, but more importantly, that the ideas that we are talking about resonate extraordinarily strongly among working people. So I ask you, the United States, the richest country on earth, is the only major country not to guarantee healthcare to all people. How many Democrats do you think are talking about the need for a Medicare for all? Well, I introduced the bill in the Senate. We got, I think, 15 co-sponsors out of 47. Why would you not be prepared to take on the insurance companies and move to a cost-effective, quality health care system guaranteeing health care to all people? Well, it's the power of the insurance companies. For years, you know, we've been fighting to lower the outrageous cost of prescription drugs. You know what the American people do? They hate the drug companies probably more than anything in the world. They really do. They're getting ripped off every day. They know it. Have the Democrats, they've done a little bit, in fairness, but if they've gone anywhere near as far as they should, here's something. And I'm talking about basic necessities like health care, medicine. What about education? Psychologists tell us that zero through four are the most significant years of human development, intellectually and emotionally. In the richest country on earth, don't you think we would have the best child care system in the world? You'd hope so. Well, you tell me. I don't know if you have any kids or not, but... Interviewer: No, I don't. But I have friends who do, and I mean, it's pretty obvious that it's not. It's far from it. It's outrageously expensive. Yeah. And the workers themselves get paid, you know, starvation wages. Here's something that's, again, quite remarkable and showing the direction which the country is going. You ask me, you know, because I am going to be 84, you know, what the world, the changes that I've seen in my life. Yeah. When I was a kid, a young man graduated James Madison High School here in Brooklyn, New York. And I went my first year of college to Brooklyn College. Do you know what tuition was back there? Oh, I feel like you're going to shock me. Interviewee: Not going to shock you. It was, if it wasn't then or a few years before, it was tuition free. Interviewer: Oh, that shocked me. Does it shock you really? Yeah, that really shocked me. I thought you were going to say like maybe a few thousand dollars or something. No, City University of New York. Interviewee: You just said tuition was free, Bernie. Yeah. That's what I just said. Yes. Are you shocked by that? That's shocking to me that it was free? Free? Yeah. University of California, one of the great university systems in the world. That's shocking to me. That was, I don't know the exact year, 60 years ago, 70 years ago. It was tuition free. Yeah. You're looking at me like I'm, you're at a state of shock here, right? Because at that point, you know, people said, okay, you know, you're working class kids. We want them to get the best education they can. We're a growing nation. We need, you know, the best educated workforce. Sure. No big deal. That's what we're going to have. In fact, City College, before it was the city university, was tuition free for a very, very long time. And it was one of the great universities in the world. It wasn't some dumping place. In Vermont, we had state colleges that if you were a Vermonter, tuition free. And again, all over the country. So we have regressed in saying that if, you know, some 19-year-old kid goes to college today, doesn't have any money, leave school $50,000, $70,000 in debt. Go to medical school, come out $500,000 in debt. All right? All that I'm saying here is that the entire system broadly defines economic and political is working phenomenally well for the people on top. It is screwing working class families who are struggling and in many ways are in desperate shape.
Interviewer: Yeah. And what's sad about that is all of the information that comes out, as you said, is oftentimes coming out from media that's attached to those people. Yes. So they'll say the stock market is up. Interviewee: That's right. Interviewer: They'll say GDP is better than ever before. They'll say it's up and to the right. And the weirdest thing for me, for people to understand, and I mean, it took me, it's not like I studied economics. I had to go and read and learn. What's to realize, GDP is one of the strangest measures of how well the place is doing. Because we can be in this room right now. If Elon Musk walks in, the GDP of this room is doing insanely well. Do you know what I mean? The three of us together are the wealthiest people around. Elon leaves, not so much. Interviewee: Exactly. All of a sudden it goes down. And I think that's what a lot of people don't seem to understand. And I wonder if that is part of the problem is people are being sold the success of the idea of an American corporation or company as if it's their own, but it's not really attached to them. Interviewee: The answer is yes and no. I think that's part of it. Oh, we all can. You work hard, you're going to make the American dream. You'll become a billionaire as well. I think people believe that less now than they used to. But here's what I think Trumpism does very well from their perspective. Trump is a demagogue. What does that mean? It means that he is smart enough and he is nobody's fool to recognize that people are hurting. All right? That the system is not working. So if you're in the average person and you can't afford to pay your rent or send your kid to college and you're hurting, you want an explanation. Why is that? Right. It's kind of natural. You want to, why is the world the way it is? Everybody really searches for an answer. Trump has an answer. And his answer as a demagogue is the answer that demagogues have always given. And that is you place the blame on powerless minorities, right? In the thirties in Germany, it was the Jews were the cause of mass unemployment and so forth and so on. Gypsies. In America, there were problems in our schools. It was the gay people who have problems, caused the problems. Uh, you know, for many years in this country, you know, if you're a white working class person, well, the reason you're not making more money as a black is taking your job. Nothing new about it. Interviewer: Yep. In the UK, they blamed people from, you know, they were like, oh, it's the Polish. Interviewee: Pakistan. They said it's Pakistan and it's India. It's always moved a generation. Interviewee: Exactly. You're picking Jews. I mean, they must sit around and say, who do we blame today? Yeah. And it works because people are hurting. And then you have the entire media structure saying, well, it's the fault of the undocumented people in this country. It's the undocumented now. So we're going to throw them all out and we're going to make life miserable for them. All right? Thank God my life is going to improve. That is, that is what oligarch, that is what not only oligarchies, but it's what, uh, demagogues do. And that is Trumpism in spades. That's what he's doing. So he's what he's doing rather than I was at his state. It wasn't only at his inauguration. I was at a state of the union speech. Guy gets up there, gives one of the longest state of the union speeches, uh, in history. Did you have one word to say about the healthcare crisis in America? Hmm. No. Did you have one word to say about the housing crisis in America? Hmm. No. One word to say about the high cost of prescription drugs? No. One word to say about how college is unaffordable? No. What did he spend this time thinking about? He spent probably 10 minutes on blaming, uh, on describing how a trans, so whether this is true or not, who the hell knows, but his description was a transgender athlete, uh, in a volleyball game, smashed a ball into a young woman's face and hurt her. We heard that, right? One of the great crisis is what happened on a volleyball court to one young woman. Okay? And the rest was terrible crimes. And they were committed by undocumented people against young women. Okay? Cause we know, and then the verbiage thoughts, they're not really human. Hmm. Trevor, they're really not. They are, they're subhuman people. I mean, and it's almost the language. They're poisoning, quote unquote, poisoning the blood of America. These are people who don't share human values. They're savages, I think is the word described. Yeah. Well, that terminology sound familiar? We've heard it before. Yeah. All right. When you demonize a person and you make that person less than human, there's no telling what you could do to that person. And then that is, if you go after those people, that is improving life for everybody else. So that's the big lie. That's what demagoguery is about. That's the move to authoritarianism. And that is what I stay up nights worrying about.
Interviewer: You know, when I was reading through the book, one of the things I hope, I hope really gets to people is, is something that oftentimes isn't, isn't front page because it's boring and yet it's front page in everybody's lives. And it's how the consolidation of power comes to cost you at home in your life, you know, and you, you talk through like food, for instance, in America and how all the meat is basically what four companies. Yes. You know what I mean? And I just want you to walk me through that because what you do really well in the book is, is you break down why this is a problem because some people would go, well, Bernie, I don't know what your issue is. It's consolidation. And, and what it does is it enables a company to work more efficiently. They love that it's more efficient and it means we can expand our capability and we can get out there and, and lower prices for all Americans. What's, what's so wrong with only having four major companies that control all the Interviewee: meets in and around America? Well, what's wrong is that in capitalist terms, uh, there is minimal amount of competition. And if you think these guys are not, you know, working with each other to keep prices artificially high, they are. So what the theory of capitalism is some new upstart comes in, produces the product, uh, at a lower rate, people are going to go forces prices to go down. That's, it's a good theory. And occasionally it works, but right now, whether it's big tech, uh, or major industry after major industry, uh, that is not the case. They are controlled by large, uh, conglomerates, uh, who can control prices to a large degree, uh, and, uh, how they treat their workers.
Interviewer: It's not just that it's also terrifying for diseases because, you know, if you look at like some of the biggest, um, diseases that have, that have gone through the U S like in, in, in the food, it's oftentimes because it goes through one plant, it goes through one company, you know, it's not, it's not one area that gets affected. Like the baby food was an example of that. Um, I remember when there was a baby food shortage, I read through the story and I was like, what is going on here? How can there be a baby food shortage in the United States? Come to find out there's basically almost like one company that's running the baby food. And if their plant gets one contamination, every single mother in the United States now doesn't get baby food. And then you can't bring more baby food into the country because they've lobbied correctly to make it so that you can't import baby food. It, it feels like a, like this, this, it's every time you read about these things, it feels like it's a never ending story of, uh, impossible mountains to climb. And then I found myself thinking, I was like, where does Bernie get the energy? Genuinely? I was like, you, you're 83 years old and not once have I ever seen you be like, well, that's all folks. I guess we tried. I genuinely know what I know from you, like on a personal level, like what, what keeps you hoping and then what keeps you pushing? What do you, what do you see that many people don't when they, when they give up? Interviewee: I will tell you what I see. And it's, um, uh, it's part of this fighting oligarchy tour, some of which I did with, uh, Alexandria Ocasio-Cortez, Greg Azar from, uh, Texas, others. Um, I have, I am extraordinarily fortunate, uh, as, as someone who has been to every state in this country. And I say this not to be rhetorical or to be overly romantic here, but I have met so many unbelievably wonderful people. Uh, you know, and I have worked with local unions where you have blacks and whites and Latinos standing together, taking on corporate greed. I have talked to young people, uh, who have a vision for this country that is so different, uh, than the one up today, which is based on greed and selfishness. They want a very different America. So talking to a lot of young people, talking to working people, it really does inspire me. Uh, I, you know, I was, you know, if you go to a rally as we had, I describe it in the book. If you go to a rural area in California, Folsom, California, have you heard of Folsom, California? I've never heard of Folsom, California, no. All right. How I had heard of Folsom, many of your viewers will have heard of it. That's where Johnny, uh, Johnny Cash did a song, Folsom Blues. It's a prison, there's a prison, big prison there. That's all I'd heard of Folsom. It was a rural area controlled by Republicans in the Congress. We had 30,000 people coming out. It was an insane thing. I mean, people was all over the place. We went to LA, there were 36,000 people, Denver, 34,000 or something like that. And you see that energy of people saying, you know what? We want real change. How can you not walk away from that and say, whoa, man, we can do it. We can do it. And then I talk to kids and that also inspires me. So the advantage that I have as somebody who's been to every state in the country and I've had the opportunity to talk to, you know, in this particular tour, we've been now to, uh, over 20 states. We did, uh, 35 events. I've talked to over 300,000 people. That inspires me. That gives me the energy to keep going.
Interviewer: Don't go anywhere. Cause we got more. What now? After this, you said something a while ago that has stuck with me for years, actually. And it was in and around one of the elections, you were talking about how people should campaign. And you said, and I'll paraphrase you, forgive me, but you said something to the effect of, we need to stop focusing so much on basically selling it as a race issue and selling it more as, as a, as a living wage issue, as a survivability issue, as a, and I remember at the time, some people didn't get what you were saying. People were like, no, but this, but this is a race thing. And it's funny because it took me back to, you know, some of the things that happened in and around the civil rights movement, whether it was Dr. Martin Luther King Jr., et cetera, who said basically that, oh, poor doesn't know a color, you know, poor, do you think that that's been some of the problem in, in, in the way politics, especially in the democratic party, it feels like a lot of the Democrats who go out there will spend a lot of time being like black people, come on, you, you're good, you're black and, and Latinos, Latinos, but, but they don't seem to go into the Interviewee: heart of what the issues are. And that's not an accident. Okay. So you have, what's his name? Uh, I can't remember his name. Uh, to answer your question, what you're talking about is identity politics. Okay. So we are so proud that for the first time we have a judge from this state who is black, Latino, Asian, you name it. Really? We have a woman this, we have a gay that that is look, all of us want to see, um, parts of our society have good representation in Congress and we're making some progress. Donald Trump has surrounding him a whole lot of women. There are right-wing women governors all over this country, right? Are we all very proud? Oh man, thank God we got a woman in politics who does not believe in woman's right to control her own body, who, you know, is terrible to workers and so on, but we're proud that she's a woman. The issue is, and this is what I meant earlier, Democrats have retreated from class issues, from economic issues, from a desire to take on big money to, oh, isn't it wonderful? We have a woman here and we have a gay person here and we have a black person here and a Latino person over there. And King, you remember now, when you hear how old I am, I was in Washington for the March on Washington, King's March on Washington. I heard Dr. King speak. You know what that march was called? It was called, if my memory is correct, Jobs and Freedom. Jobs and Freedom. Jobs actually went first. King understood that exactly as you described it, what good, and he would, this is what he said. He said, what does it matter if a restaurant, which was segregated, is opened up if you don't have enough money to afford the damn hamburger, right? Yeah. All right. So you got open housing. That's great. You can't afford the rent. So for a myriad of reasons, some of which we have discussed, the Democrats have chosen to say, isn't it great? We have a woman this, we have a gay that, black that, rather than saying, hey, we got an economy that works for all of us, not just the few, that all of our people are earning a living wage. All of our people have healthcare, all of our kids, regardless of color, are able to get a good quality education. That together we're taking on climate change and creating jobs to save the planet for all of us. So to some degree, look, it goes without saying, there has been discrimination, as everybody knows, bigotry all over the place. And we got to fight that every day. We got to open up the process to all of our people. But it's not just that somebody is a woman candidate or a gay candidate. What do they stand for?
Interviewer: What do you think people misunderstand about class and classism? I ask this because I remember one day reading a book. I forget who the author was, but it was a really poignant line. And it basically said, I cannot wait for America to get over racism because racism is the first stage. And then they will discover that classism is what they've been fighting all along. Interviewee: Good. That's right. Because today, when we talk about the working class of America, who do you think we're talking about? Disproportionately. Disproportionately. I mean, there are millions and millions and millions of whites in the American working class. Disproportionately, it's black, it's Latino. And women, as a matter of fact. The class issue, though, you see, is if you're the head of a large corporation, the likelihood is you have a good education. You have gay friends. Maybe your wife or your girlfriend has had an abortion, right? You're tolerant on all those issues. You don't stay up nice worrying about black people getting a job. But what do you worry about? What you worry about is that you may have to start paying your fair share of taxes, that you may have to start paying your workers a living wage, and you will fight that. So I find that many of these, quote unquote, great liberal corporate types, we struggle with them to make sure that they respect unions or they allow unions to be formed, et cetera. But at the end of the day, in my view, Trevor, if we're going to transform America, which is the question on everybody's mind, how do we do it? It has to be a mass movement of people. It has to be a growth in the trade union movement. And that is the way forward, and that's what we're working on.
Interviewer: Do you think democratic socialism is the dirty word that it once was in America today? Interviewee: No, it's actually quite popular among young people. And I think despite the fact that no one quite knows what it means. But I mean, I think what increasingly people do know is that you have countries, for example, in Scandinavia, Norway, Denmark, Sweden. If you go to those countries, the most right-wing politician would not for a minute suggest that healthcare is not a human right. Interviewer: Yeah, yeah, yeah. A lot of the time, their right-wing politics is more about the politics of other, but it doesn't question the classist ideals that the country holds. Interviewee: It doesn't question what they call their social welfare system. Interviewer: Yeah, yeah, yeah. They believe that's the bedrock. Interviewee: Right. And nobody questions that. You're right. And the right-wing will play off against immigrants and so forth. But in those countries, healthcare is a human right. Higher education is often free. Childcare is often high quality, free. Workers earn quite good wages. Unions are much stronger than they are in the United States. And I think a lot of young people, especially, are looking around there and say, how does that happen? You go to Germany, you graduate college, you're not in debt. And in this country, you know, you're $50,000, $80,000 in debt. So I think without even getting into the essence of what socialism means, which to me means democracy, by the way, not just the right to vote every two or four years, but having a say on the job. Wouldn't life be a lot better if you weren't just the cog in the machine. And we're seeing, by the way, one of the nice things we are seeing in America, in Vermont, pretty strong about worker-owned companies, where workers themselves own the companies, select their own leadership. And what all of the studies show is that people feel much better about their job. You know, the absenteeism is less, productivity is up. People will be good. It's our company. Pretty good.
Interviewer: Could there ever be laws written to sort of entrench those types of ideas? And I know even saying that right now sounds crazy to most people, but the other day I was thinking about sports and I was going, I know you're an avid basketball player, you know? Interviewee: Avid might be too strong, but I played a lot of basketball. Interviewer: I've seen you shoot, Bernie. I've seen you shoot. You drain them. Like I remember when it was in the primaries, you would go to the gyms beforehand and you were just like, yeah. Interviewer: I found myself thinking about how sports and everyone who watches sports seems to understand in a basic concept of fairness. And this is what I mean. Shaquille O'Neal comes into the NBA. The man is completely dominant. You throw him the ball, he puts it in the hoop. You throw him the ball, he puts it in the hoop. You can't do anything to him. He stands under that room and he puts the ball in the hoop. And then they change the rules of the game. They say, you know what? You can't stand in the paint in this little section for longer than, what is it? Three seconds, I think it is. Yeah. And they go, you have to keep moving. Why? Because otherwise Shaq can just do this forever and it's not fair. And I look at this in every sport. In fact, golf, you know, golf might be my favorite sport. I don't play it. I don't like playing it, but I love the rules of golf because golf, contrary to who people, like the people who play it, is one of the most egalitarian fair sports that has ever been created. It's the only sport where you can come in as a terrible golfer and you can beat the best golfer in the world because the handicap system acknowledges that your position coming into the game should be accounted for in order to get you to a level playing field as somebody else. Like that always blows my mind. Do you know what I mean? And I wonder if politics can get to that place. Is it a crazy thought that I have that you could write laws that say people should own a piece of companies if they work in it or... Interviewee: Look, it is not a crazy idea and there are countries around the world to some degree already doing that. Look, is it a crazy idea? 1948, right? A few years ago, in Great Britain, a labor government said healthcare... 1948, healthcare is a human right. I don't care if you're rich, you're poor, you're young or old, you go to the doctor, you don't take out your wallet. In the early 70s, Canada said the same thing all over the world. That could be a law signed tomorrow by the president of the United States. And think, Trevor, for a moment what that would mean. We got a half a million people go bankrupt every year because of medical bills. People die because they don't get to a doctor on time. Do you know how transformative that would mean if people go to the doctor when they wanted to, if they weren't worried about going to a hospital and not coming out bankrupt? A lot of people have cancer. Getting cancer treatment today, they're going to go bankrupt. Do you know that? That's a fact. Yeah. Okay. What would that mean? If we made sure that every parent in America knew that his or her kids would be able to get all the education they wanted, great schools, what would that mean? Just do that, forget anything else, not to mention having wages, which were livable. Is this a radical idea? It is not a radical idea. Okay. But what the system tells you, and that's what drives me crazy, and I try to get into it in the book, the system tells you this is communist. This is, I mean, you got, you know, this is impossible to do. Why? What's crazy is not that everybody has healthcare. It's crazy that Elon Musk owns more wealth than the bottom 52% of households. That's crazy. That's how we got to rethink things.
Interviewer: How crazy is it to think of the possibility that another political party is what will help America? Because you know what it's like from the inside. Is it absolutely out there? Interviewee: No, it's not. It may well happen. The two major parties are deeply, deeply flawed and in many ways out of touch with ordinary people. Republican parties become right-wing extremist. Democratic party is corporatist tinkering around the edges, and there's a hunger for real change. If the Democratic party can't deliver, I think there is a real possibility that there will be a third party. Problem is that in this country, to start a third party, being on the ballot in 50 states, to overcome all of the regulations, anti-third party efforts in states is very difficult, but it's certainly a possibility. Interviewer: You don't think it's impossible? Interviewee: No, it is not impossible by any means. It could happen. It could happen.
Interviewer: So when you look at the Democratic party today, what would you change if you could change something tomorrow? What would you say to all of your colleagues who have been with you, where they say, Bernie, we are on your side, but we just don't. What's the one thing you would change? Interviewee: Well, what I would make it clear is that we are prepared to take on a powerful special interest in the corporate world and the oligarchs.
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