Summary
In his farewell speech, President Joe Biden warned of a growing “oligarchy” in the U.S., where extreme wealth and power threaten democracy.
Comparing modern elites to 19th-century robber barons, he called for reforms to hold the wealthy accountable, as done in the past.
Biden also criticized a “tech-industrial complex” concentrating power and spreading disinformation, weakening democracy.
His remarks sparked a surge in Google searches for “oligarchy.”
The speech comes amid rising concerns about policies favoring billionaires, like Trump’s tax cuts and potential cuts to social safety programs.
Everyone is so busy asking what is Oligarchy, nobody bothered to ask how is Oligarchy. Truly sad
Oh, the oligarchy is doing pretty good.
I’ll do you one better, WHY is Oligarchy?
Capitalism and lack of democracy
Why is no one asking Biden ‘why didn’t you do something about it?’
It’s for the same reasons he didn’t do anything about Covid. The powers want us all feeling safe, out and spending, keeping real estate and the business of schools well funded and rich. The leaked memo about how they wanted the Democrats to “win Covid” was enough to tell you how much your life was worth to them.
Oh he did- he leaned his full weight toward creating today’s reality for the last 55 years of his life.
Why is oligarchy??