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Bernie Sanders: “ExxonMobil made $200 billion in profit last year.”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism"

Published April 13, 2024 | Video Starts at 16:27

They use that as an excuse to jack up their prices. So in America, our people have paid very, very high prices for gas at the pump. Well, it just turns out that ExxonMobil made $200 billion in profit last year. Food prices are going up. Turns out that the major food corporations Made huge profits. Turns out that the major real estate companies who own apartments making huge profits. (16:27–16:32)

CLAIM

Asserts that ExxonMobil made $200 billion in profit in the previous year.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Bernie Sanders

“Over 60% of the American people live paycheck to paycheck.”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 03:24-03:31
“Over 60% [of working-class families] living paycheck to paycheck.”
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“We do not have a national healthcare system [in the United States].”
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“We have some 500,000 Americans every year who go bankrupt with medically related bills.”
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“We have 85 million people uninsured and underinsured [in the U.S.].”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 04:28-04:37
“In America, rents are going up for working people in many communities throughout the country.”
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“We've lost over a million Americans [to COVID].”
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“Before COVID, life expectancy in the United States was less than in most other industrialized countries.”
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“In many parts of America, life expectancy before COVID has gone down.”
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“We lost over 100,000 Americans last year from overdoses.”
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“Three people own more wealth than the bottom half of American society.”
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“The top 1% owns more wealth than the bottom 92%.”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 09:36-09:44
“The gap between the CEO and the worker was about 20 to 1 [70, 80 years ago].”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 10:04-10:14
“Now in America, the head of the large corporations make 400 times more than the average employer in that corporation.”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 10:23-10:36
“In the last 50 years, [American workers] have gone almost nowhere in terms of wages and income.”
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“The weekly wage for the average American worker in inflation adjusted dollars is less than it was 50 years ago.”
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“There has been a 55 trillion dollar redistribution of wealth from the bottom 90% to the top 1%.”
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“Over 60,000 people a year die because they don't go to a doctor on time, because they can't afford to.”
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“Significant increase in concentration of ownership [in the United States].”
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“In virtually every sector of American society, we see a handful of large corporations dominating that sector.”
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“Over half of the cost of inflation has nothing to do with the war in Ukraine.”
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“Major food corporations made huge profits.”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 16:34-16:37
“Major real estate companies who own apartments making huge profits.”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 16:37-16:44
“Three Wall street firms... BlackRock, Vanguard and State Street... have assets combined of control assets... of $20 trillion.”
Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 19:01-19:29
“They are major shareholders of 95% of the S&P 500.”
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“Eight major media conglomerates control about 90% of what the American people see, hear, read.”
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Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 25:08-25:16
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Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 28:02-28:08
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Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 28:15-28:21
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Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 29:31-29:42
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Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism" | Uploaded April 13, 2024 | 30:28-30:33
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