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.
I genuinely can’t believe that there is any overlap at all with the maybe 500 people who actually listened to his speech or even read an article summarizing it and those who don’t know what the meaning of “oligarchy” is.
How does anyone get engaged enough in the political process to watch a speech from Biden and not recall Bernie Sanders saying this every day of his life for the last 30 years?
I follow these things closely on my own time, as I assume is common for nearly everyone on lemmy.
But I saw coverage of Biden’s farewell address randomly at the gym. And also at a local restaurant. The media now is putting that word “oligarchy” in front of people’s eyes, as a summary of his speech. I would guess most people googling it are checking if “the oligarchy” is a country in the middle east or something
“Who the fuck is Ollie Garky?”
“Klepto crazy? Never heard of the guy, must be Greek or something”
It’s scary how much old tv media sways public conversation…and how incompetent they are
Lol, that’s fair. Maybe I should really feel surprised that people paid attention enough to Google it.
I often get confused between oligarchy, kleptocracy and plutocracy, that’s why I would look it up. I do understand how we can all be a little ignorant. We should do better.
Well, to be fair, a kleptocracy is a poverty mindset applied to wannabe plutarchs or oligarchs. Oligarchy is the DEI version of Plutocracy because it’s not just wealth based. Edit:/s
There is nothing diverse, equitable or inclusive about oligarchs, quite the opposite, but I see your point.
Sarcasm tag added