Alexandria Ocasio-Cortez says billionaires build fortunes on exploitation
Updated
Updated · Fox News · May 8
Alexandria Ocasio-Cortez says billionaires build fortunes on exploitation
4 articles · Updated · Fox News · May 8
On Ilana Glazer's "It's Open" podcast, the New York Democrat said "you can't earn a billion dollars" and cited market power, labour-law abuse and low pay.
She argued Americans are pushed to blame themselves for hardship while companies such as Walmart underpay workers, and linked extreme inequality to rising xenophobia and anti-immigrant sentiment.
Reprising themes central to her 2018 rise, Ocasio-Cortez later pointed to an X post citing $50bn in annual wage theft as evidence that working people are being exploited.
As CEO pay skyrockets past worker wages, what truly defines 'earned' wealth in the modern economy?
Can policy solutions like wealth taxes overcome the very political power that extreme wealth helps create?