Bernie Sanders: “Never before in American history have so few billionaires…”

“But I do believe as President Trump comes into office, we have got to understand Kristen, and this is something I feel very strongly about, and it's not talked about enough. We are moving rapidly into an oligarchic form of society. Never before in American history have so few billionaires, so few people have so much wealth and so much power. Never before has there been so much concentration of ownership, sector after sector power of Wall Street. And never before in American history. And we better talk about this.” (03:27–03:36)

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.