Photo via Fox News

Economist calls out America’s socialist elite, says they got rich bashing capitalism

Read the original at Fox News ↗
Cite

Guidice, R. d. (2026, September 26). Economist calls out America’s socialist elite, says they got rich bashing capitalism. Fox News. https://www.foxnews.com/media/economist-calls-out-americas-socialist-elite-says-they-got-rich-bashing-capitalism

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Fox News · collected 2026-09-26 · by Rachel del Guidice

Quick Summary

Economist Stephen Moore, a former Trump adviser, told Fox News Digital that prominent American socialists and progressives have become wealthy criticizing capitalism, a system they advocate to change. He cited examples such as Sen. Bernie Sanders and online commentator Hasan Piker, suggesting these figures benefit from capitalist opportunities while promoting socialist policies. Moore argues that the United States is unique in allowing individuals to amass wealth by critiquing its economic model, questioning whether these critics are hypocritical for not giving up their own riches.
Written by AI on 2026-09-26, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Economist Stephen Moore, a former senior economic adviser to President Trump, criticized prominent figures in the Democratic Party for becoming wealthy while advocating socialist policies. He told Fox News Digital that people like Senator Bernie Sanders and political commentator Hasan Piker have profited from America’s free-market system despite condemning it. Moore argued there is no better place than the United States to become rich by attacking capitalism, citing public figures who are millionaires or richer while opposing the economic framework that made them prosperous. A recent USA Today opinion piece also highlighted this issue, suggesting that Hasan Piker's luxurious lifestyle contrasts sharply with socialist ideology. Moore implied these individuals are hypocritical for advocating wealth redistribution policies they themselves do not follow.

Written for “American Elite Criticized” on 2026-11-04, grounded in this article and the 0 other(s) covering the same event.

Story

📰 American Elite Criticized
Politics · 1 article(s) covering the same event.

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
23
sentences that state something as happening or true
Uncertain
13%
3 of 23 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
68/100
Fox News's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-26 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Fox News · 6507 article(s) · 12 correction(s) detected
Running correction rate · 12 correction(s)

Who wrote this

Rachel del Guidice
26 article(s) here · 1 carrying a prediction
🔮 Ahmed suggested that accommodations could include keeping dogs in a separate room to respect students and families with religious objections.
🔮 A California father of five says his family's public charter school rejected homeschooling materials that merely mentioned God or faith, even when the books met state academic standards, forcing his family to pay out of pocket for educational resources he says other parents could access with public funds.
🔮 The organization said the program was promoted as a universal benefit that would allow parents to choose among public, private and religious preschools, prompting Catholic families across the state to seek participation.
🔮 The planned honor comes roughly a year after Cupich faced criticism from fellow Catholic leaders over plans to recognize Sen. Dick Durbin, D-Ill., whose support for abortion rights drew objections from bishops who argued that honoring him would conflict with Church teaching.
🔮 The restriction, she said, forces her to speak from a distance about an intensely personal subject, potentially allowing others to overhear conversations she would prefer to keep private.
🔮 A copy of the proposed policy obtained by Fox News Digital states that participation in girls' athletics at Monroe Public Schools would be restricted to biological females, with eligibility tied to documentation on a student's birth certificate.
🔮 The couple said they were willing to love and care for any child placed in their home but could not agree to certain state-imposed requirements they believed violated their Christian faith.
🔮 "The 40% of undergraduates who support criminalizing offensive speech will bring that perspective into their communities and workplaces after they graduate.
🔮 Should legal proceedings be initiated, the district will address the matter through the appropriate legal channels."
🔮 Meston said she explained that her Christian beliefs would prevent her from participating in an abortion if she worked in a medical setting.
Also by Rachel del Guidice
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 26 articles by Rachel del Guidice →

Topics

American Democratic Fox Digital Fox News Digital the United States

Subjects

Moore PERSON · 7× the United States GPE · 4× Bernie Sanders PERSON · 3× America GPE · 2× Elizabeth Warren PERSON · 2× Fox News Digital ORG · 2× Hasan Piker PERSON · 2× American NORP · 1× Stephen Moore PERSON · 1× Trump PERSON · 1×

Narrative

It's the reason why so many people come to this country from socialist countries and they get here and they say they don't understand why anyone would want to have more socialism in America when they've seen it fail in their own country."
framing: assertive · carried by 1 article(s) · first seen 2026-09-26
🔮 "I think the capital H is for hypocrisy here, and if these people really believed and share the wealth policies that they keep espousing, maybe they could start with themselves," Moore said.

Claims (23 extracted, 3 hedged)

Socialist and progressive figures have found a lucrative platform attacking capitalism, according to economist Stephen Moore, who says they have grown wealthy inside the free-market system they want to overhaul. uncertain
they → find → system
Moore, a former senior economic adviser to President Trump, told Fox News Digital in an interview that the United States is uniquely positioned to reward people who criticize capitalism. asserted
who → tell → capitalism
He said public figures, including Sen. Bernie Sanders and online political commentator Hasan Piker, have benefited from the wealth and opportunities created by the American economy while advocating socialist policies. asserted
figures → say → policies
"There's no country in the world where you can get rich off of attacking free market capitalism better than in the United States," Moore told Fox Digital. asserted
Moore → be → Digital
"And so you have dozens of these prominent voices in the socialist movement on the Democratic side who actually are rich, millionaires or more, and they attack the very system that made them rich in the first place." asserted
them → have → place
Moore said a recent USA Today opinion piece made a similar argument. asserted
piece → say → argument
The story was titled "Hasan Piker's luxury lifestyle isn't what Marx had in mind." asserted
Marx → title → mind
It read in part, "America's loudest democratic socialists have a problem: Many of them are too rich. asserted
Many → read → them
Yet even though their wealth was acquired through a capitalist system they see as immoral, they give very little of it away." asserted
they → acquire → it
"It is remarkable how many of these leading, so-called advocates of socialism have come from rich families or have gotten rich on capitalism themselves," Moore said. asserted
Moore → lead → capitalism
"So even people like Bernie Sanders are wondering whether there's a degree of hypocrisy here. asserted
people → wonder → hypocrisy
I mean, there's a reason why just about everybody in the world wants to come to the United States. asserted
everybody → mean → States
It's not because we have socialism, it's because we have free market capitalism." asserted
we → have → capitalism
Moore also questioned whether wealthy advocates of wealth redistribution should voluntarily give up more of their own assets and challenged progressive leaders to explain why they continue to benefit from capitalism while criticizing it. asserted
they → question → it
"I think the capital H is for hypocrisy here, and if these people really believed and share the wealth policies that they keep espousing, maybe they could start with themselves," Moore said. uncertain
Moore → think → themselves
"Maybe they could sell some of these assets and give the money to the poor, but it turns out, by the way, that liberal socialists tend to be the least generous in terms of charitable giving. uncertain
socialists → sell → giving
So it turns out that free market capitalists tend to be very generous in sharing their wealth, but not so much so democratic socialists." asserted
capitalists → turn → wealth
The economist said some socialists try to conceal their wealth to appeal more to the public. asserted
socialists → say → public
"They try to hide their wealth from Americans so they can pretend like they are working-class people," Moore said. asserted
Moore → try → Americans
"But if you look at the people who are really at the head of the democratic socialist movement and the people who are spending a lot of money, those tend to be very rich people themselves. asserted
those → look → money
This is, as I said before, this is the only country where you can get rich off of attacking the free market capitalism system, which really creates the wealth in the United States in the first place. asserted
which → say → place
It's the reason why so many people come to this country from socialist countries and they get here and they say they don't understand why anyone would want to have more socialism in America when they've seen it fail in their own country." asserted
it → come → country
Fox News Digital reached out to Piker, Sanders and Sen. Elizabeth Warren for comment. asserted
Digital → reach → comment
💬Give feedback · no sign-in needed

No sign-in needed for now. Your note is sent without a name, so it cannot be answered.

🕘History 🎫Support