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May 12, 2026

AOC Reiterates Claim That American Revolution Was Fought Against "Billionaires of Their Time"

The New York Democrat was responding to backlash overher claim that billionaires didn’t ‘earn’ their fortunes

AOC says American Revolution was against billionaires of the time

Rep. Alexandria Ocasio-Cortez, D-N.Y., argued on Friday that the American Revolution was fought against the “billionaires” of the Founding Fathers time.

Rep. Alexandria Ocasio-Cortez, D-N.Y., tripled down on her critique of billionaires Friday, claiming that the American Revolution was fought against the “billionaires of their time.”

“I want to talk about how this is in the heritage of our country, because America was founded… you look at Thomas Jefferson writing to Madison in revolt of British aristocracy,” Ocasio-Cortez said at the University of Chicago Institute of Politics. “The American Revolution was against the billionaires of their time. And we are declaring independence from such an extreme marriage of wealth and power and the state that the voices of everyday people did not exist.”

Ocasio-Cortez was responding to criticism she received for her comments arguing billionaires didn’t “earn” their fortunes and likely built their businesses on “abuse.”

Rep. Alexandria Ocasio-Cortez, D-N.Y., faced backlash for claiming that billionaires can’t “earn” their wealth. (David Dee Delgado/Getty Images)

“You can’t earn a billion dollars,” Ocasio-Cortez said Thursday. “You can get market power. You can break rules. You can do all sorts of things. You can abuse labor laws. You can pay people less than what they’re worth. But you can’t earn that, right? And so you have to create a myth… you have to create a myth of earning it.”

Regarding the backlash, Ocasio-Cortez accused critics of pushing a “red herring” by assuming she believes all billionaires are immoral rather than focusing on the “immorality” of income inequality.

“They like to talk about American ethos as though it’s an attack on American values, an attack on our idea of success. And first of all, I mean, call me crazy, but I don’t think that every single American aspires to be a billionaire. I think that our idea of success, they might not object, but I don’t think it’s the universal American ideal,” Ocasio-Cortez said.