It’s OK to Be Angry About Capitalism

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NEW YORK TIMES BESTSELLER • A progressive takedown of the uber-capitalist status quo that has enriched millionaires and billionaires at the expense of the working class, and a blueprint for what transformational change would actually look like—with a new afterword

“A clarion call against the American oligarchs . . . powerful.”—The Guardian

It’s OK to be angry about capitalism. Reflecting on our turbulent times, Senator Bernie Sanders takes on the billionaire class and speaks blunt truths about our country’s failure to address the destructive nature of a system that is fueled by uncontrolled greed and rigidly committed to prioritizing corporate profits over the needs of ordinary Americans.

Sanders argues that unfettered capitalism is to blame for an unprecedented level of income and wealth inequality, is undermining our democracy, and is destroying our planet. How can we accept an economic order that allows three billionaires to control more wealth than the bottom half of our society? How can we accept a political system that allows the super rich to buy politicians and swing elections? How can we accept an energy system that rewards the fossil fuel corporations causing the climate crisis? Sanders believes that, in the face of these overwhelming challenges, the American people must ask tough questions about the systems that have failed us and demand fundamental economic and political change. This is where the path forward begins.

It’s OK to Be Angry About Capitalism presents a vision that extends beyond the promises of past campaigns to reveal what would be possible if the political revolution took place, if we would finally recognize that economic rights are human rights, and if we would work to create a society that provides a decent standard of living for all. This isn’t some utopian fantasy; this is democracy as we should know it.

Our Top Reviews

Reviewer: dpbiker
Rating: 5.0 out of 5 stars
Title: Pay attention
Review: This is a great book. This can really be the playbook for the next president. There is soooooo much information provided about ideas that could improve the way the US is run. This is how “to build the future of the US around the values of justice and solidarity.”

Reviewer: Gary Moreau, Author
Rating: 5.0 out of 5 stars
Title: An election year must-read.
Review: I seldom read books written by politicians or their armies of consultants and aides. They are too predictably self-serving and inevitably provide little that is new or insightful. This book was an exception, and I was richly rewarded for my purchase and time. It is concise, well-written, and without reservation. Bernie threw caution to the wind and said what is known, but seldom talked about, in the halls of contemporary power in America today.Bernie addresses all the usual suspects, from health care to climate change. But he saves his greatest wrath for the capitalist forces that subordinate and exploit working Americans, most of whom are indentured wage-earners, and 60% of which struggle to get by from one paycheck to another. As he so correctly notes, it is capitalism itself, now hijacked by the owners of capital who control Wall Street, the banks, and corporate America, that is to blame for much of what ails America today. “The uber-capitalist economic system that has taken hold in the United States in recent years, propelled by uncontrollable greed and contempt for human decency, is not merely unjust. It is grossly immoral.”We are, as a result, witnesses to, and victims of, the greatest consolidation of wealth and income the country has ever seen: “Yet, roughly 90 percent of the wealth of the nation is owned by one-tenth of 1 percent of that total [population].” “Three firms – BlackRock, Vanguard, and State Street – now control assets of over $20 trillion and are the major stockholders in more than 96 percent of S&P companies.” “…three multibillionaires own more wealth than the 160 million Americans who make up the bottom half of our society.” Workers “wages have been stagnant for fifty years” despite huge increases in productivity, the benefits of which has all been transferred upward.There are many culprits, as Bernie notes, but none more significant than the formation of monopolies in all facets of the economy, particularly tech and finance. The eighteenth-century Scottish political economist, Adam Smith, who provided the blueprint for Western democratic capitalism, warned us that while free markets are more productive than regulated markets, they are prone to the formation of monopolies, which have to be regulated out of existence or they will destroy economic balance.This inherent tendency, however, was hastened by the tech revolution, which famously removed the most significant barrier to monopolization; the capture, management, and dissemination of information. No longer restricted by geography or the practical constraints of managing growth, the tech revolution, having first established massive tech monopolies through structural disruption, not managerial talent, went on to monopolize traditional industries of every stripe – all while enriching Wall Street, the banks, and the capital class. “Today, roughly 90 percent of all U.S. media is controlled by eight major media conglomerates…“ “In 2020, the CEOs of just eight prescription drug companies made $350 million in total compensation.”The most visible manifestation of this demonic uber-capitalism is the total commercialization of American society and culture. Corporate executives were turned into capitalists by the activist shareholders of the 1980s and 90s. Entertainment and leisure was commercialized at about the same time.In the 00s and 10s our political system was commercialized by the super-PACs and SCOTUS, which gave us Citizens United and Buckley v. Valeo, essentially turning our politicians into puppets of the capitalist class.Most recently, even amateur sports have been uber-commercialized, as witnessed by the NCAA men’s and women’s basketball championship. NIL’s and the trade portal, along with corporate glorification of celebrity college athletes in the interest of selling unrelated products have made college sports a battle of mercenaries, essentially vaporizing the notion of team play and team spirit.All told, this is a great book that shines a light on the blight of uber-capitalism and its negative impact on our politics, our society, and the quality of the lives we lead. In this election year it is the one book you should read. Thank you, Bernie.

Reviewer: Paul Kinzelman
Rating: 5.0 out of 5 stars
Title: A much better ‘State of the Union’ than the happy news that presidents pedal
Review: I just finished Bernie Sanders’s new book “It’s OK to be Angry about Capitalism” and what a book. I think it should be required reading for every voter. Even if you don’t agree with his solutions, I think you’ll find he provides a good listing of the problems before us. And the first step in solving a problem is understanding it.My quick summary of the book is that it’s a brutal indictment of the Democratic Party and how they used to represent and advocate for the working class. And of course, the Republicans never were and still aren’t for the working class, but they have benefited from this abandonment.For decades after FDR and the New Deal, we did have a vibrant and powerful working class and a Democratic party that advocated for them. And as a result, we had a vibrant economy. But the rich have spent decades bribing both parties to dismantle the New Deal with the predictable descent into massive wealth inequality and an economy that doesn’t work for most people. We now have royalty in this country who operate under different rules and they can purchase politicians to make laws that extract even more wealth from the Middle Class moving it to the already ultra-wealthy.Thanks to rich donors and the inevitable legalized bribery, the Democratic party has abandoned their traditional base. And the base knows this and is justifiably angry, and either no longer shows up because they understand that neither party will do anything for them, or they vote for the Republicans because the Republicans have cleverly used the message of scapegoating with hatred, racism, and divisiveness to promote their agenda of transferring even more wealth from us to the already wealthy. They own almost all of the media and so are able to distract with inconsequential trivia and manufacture consent for this massive wealth transfer. The Romans had gladiators during their demise, and we distract from what’s important by inconsequential pro sports and irrelevant reality shows and personality trivia. Too many voters are low informational content people who are susceptible to being convinced by simple sound-bite solutions for complex problems. Bernie and politicians like him (Khanna, Kuchinch, Barbara Lee, Katie Porter, to mention just a few) are the future of the Democratic party and the planet if they and we are to have a future.You should read this book.

Reviewer: The Graduate
Rating: 5.0 out of 5 stars
Title:
Review: What an eye opener into the lack of parity in this world and wonderful how Bernie explains just how much money talks & whilst you might already be aware of that – maybe this is a poke to make you think some more about how the world COULD work if wealth were more fairly shared & we all pulled each other along….If only…

Reviewer: Gus
Rating: 5.0 out of 5 stars
Title:
Review: Fast post and good price for a good read

Reviewer: fm
Rating: 5.0 out of 5 stars
Title:
Review: O que mais tenho gostado, e de ler enquanto escuto no audible a narracao feita pelo proprio Sanders (uma experiencia hilaria). Bernie tem o dom da palavra. Dessa vez tive sorte o livro demorou mas chegou sem avarias.

Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title:
Review: For personal reading . The book is very factual .

Reviewer: José Macaya
Rating: 5.0 out of 5 stars
Title:
Review: En los primeros capítulos Bernie Sanders nos cuenta sin éxitos electorales y políticos, lo que no era lo que yo buscaba al comprar este libro. Pero también hace una descripción llena de datos contundentes sobre la situación política real en EEUU, y de los problemas que causan las tremendas disparidades económicas. Todo el libro es interesante, pero nadie debe quedarse sin leer los capítulos 4, 5 y 9, para tener una visión de lo que es EEUU hoy.

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