Alexandria Ocasio-Cortez: Billionaires Work
on Sunday, August 9, 2020Alexandria Ocasio-Cortez Money Quote saying billionaires use others to make excess wealth, but they are not needed by those who give them that wealth. Alexandria Ocasio-Cortez said:
“Billionaires need the working class. The working class does not need billionaires” — Alexandria Ocasio-Cortez
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In this quote, Alexandria Ocasio-Cortez seems to be arguing that extreme wealth concentration at the billionaire level is unnecessary and potentially counterproductive for economic security and opportunity among working people.
By stating that the working class “does not need billionaires”, Ocasio-Cortez implies that the existence of the ultra-wealthy is not required for workers to have stable livelihoods and life prospects.
The quote conveys Ocasio-Cortez’s perspective that a very small number of people accumulating vast fortunes is not required for a healthy, equitable economy that benefits all classes through widespread access to good jobs and social mobility.
Overall, she appears to be advocating for economic policies aimed at redistributing some wealth from the highest net worth individuals in a way that strengthens the middle and working classes through supports like healthcare, education and jobs programs.
Billionaires need the working class.
The working class does not need billionaires.
— Alexandria Ocasio-Cortez (@AOC) August 8, 2020