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.
To be fair, high school government/civics classes are probably so gutted that I’m happy when people understand the three branches of government.
I still think those classes are a myth, I never heard of anyone taking a civics class when I was in school 20 years ago.
2005 grad here. I definitely had a civics class.