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.
How is this not in !nottheonion@lemmy.world ?
Because it doesn’t look like an Onion headline?
really? That in the richest country in the world, a large part of its population does not know the meaning of a word like oligarchy, doesn’t that seem like a fucking joke to you? Maybe in Europe we have to lower expectations about the USA