… political system to a large degree because we have a corrupt campaign finance system that allows billionaires to spend as much as they want on campaigns. So by bottom line, Never before in American history have so few held so much wealth, so much power. That is oligarchy. And this question is from Reddit. Why do we call Russian billionaires oligarchs while we call us ones entrepreneurs? We don't like Putin for a number of very valid reasons. (00:57–01:02)
CLAIM
Asserts that wealth and power concentration is unprecedented in American history.
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