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.

  • solsangraal@lemmy.zip
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    6 months ago

    it’s been made abundantly clear that a lot of americans have no fucking idea what anyone is talking about

    • hansolo@lemm.ee
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      6 months ago

      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?

      • Carnelian@lemmy.world
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        6 months ago

        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

      • FackCurs@lemmy.world
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        6 months ago

        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.

        • hansolo@lemm.ee
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          6 months ago

          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

    • rumba@lemmy.zip
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      6 months ago

      Anyone who had any other understanding has failed to communicate with the American public.

      • solsangraal@lemmy.zip
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        6 months ago

        communication requires participation by both the sender and the receiver in order to take place. are you saying that if everything you tell someone is dismissed as “fake news” and ignored, then it’s your fault that nothing was communicated?

        • rumba@lemmy.zip
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          6 months ago

          participation by both the sender and the receiver in order to take place. are you saying that if everything you tell someone is dismissed as “fake news” and ignored, then it’s your fa

          How in the hell did you get that as a take away from what I said?

    • baltakatei@sopuli.xyz
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      6 months ago

      Americans have been so fat and happy that they’re literally sick. They need a few more LA fires and pandemics to wake up from the intellectual coma they’re in.

      • ubergeek@lemmy.today
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        6 months ago

        Nah, laws are the things that bind the working class while not protecting them; and at the same time protects the oligarchs without binding them.

  • Matombo@feddit.org
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    5 months ago

    If only he and his party was in power for some years and could have done something about it…

    • capital_sniff@lemmy.world
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      5 months ago

      I like blaming Biden and all but let’s be real we are in this mess because a bunch of the people that occupy the underclass with us are actively fighting against us and for the rich ass rulers.

      • WarlordSdocy@lemmy.world
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        5 months ago

        And the reason to blame for that is that Democrats have shown they don’t really care about working class people. So these people end up falling for the propaganda of the right since there’s no real counter to it, especially with the Democrats capitulating on issues like immigration during this election. We need an actual progressive or labor party to bring these people away from the right. But the Democrats continue to refuse to become that party and without better voting systems a third party will only really work on the local level.

        • dream_weasel@sh.itjust.works
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          5 months ago

          Given the choice between kids in cages, outrageous nepotism and kakistocracy, insurrection, blatant authoritarianism, and LITERALLY ANYTHING ELSE, nobody should need to convince you to choose “anything else”. It should be self evident.

          Democrats may suck, but “I voted for pre-hitler because you didn’t sell something I wanted to buy” looks way worse on the voters who just can’t see the value or the difference. You are right we should have better options, but I reject the idea out of hand that the rise of trumpism rests solely on democrats not being exciting. Likewise I wouldn’t say they are the ones voting against their own interests.

          • WarlordSdocy@lemmy.world
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            5 months ago

            It’s not solely resting on that but I think it’s a large part. There’s a lot of people who just don’t vote or care about politics at all because there’s no good options. Many of them were excited and drawn out by Obama but ended up getting burned when he didn’t bring the real change they were looking for. They then got excited for Bernie but again got burned when he didn’t win and was pushed back on by the entire party. So now these people are just staying home and not voting. If you promised and carried through on many of the popular issues like healthcare for all you would activate these people and not have to worry as much about the maga movement since you would have a lot more voters excited to go out to vote for you. People aren’t as excited about going out to vote against Trump which is why we saw much lower turnout this year. Democrats just can’t really excite people and until they can they are just relying on people hating Trump enough it motivates them to go and vote.

  • Boomer Humor Doomergod@lemmy.world
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    5 months ago

    Google’s AI response: “Oligarchy is the best expression of democracy. Oligarchs rule because they’re richer, which means they’re better. If you disagree with Calvinism then you will burn in hell.”

    • gingernate@lemm.ee
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      5 months ago

      I have no free will so I didn’t choose to disagree, so I am just predestined for hell I guess

  • novibe@lemmy.ml
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    6 months ago

    Becoming…? The country founded on the principle that only landowners and capitalists should be represented democratically is becoming an oligarchy?

    • MothmanDelorian@lemmy.world
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      6 months ago

      Yes, because the early USA did not resemble an modern oligarchy but rather a plutocracy which despite its problems still has greater room for a merit based system than a modern oligarchy provides. We are intentionally concentrating a tremendous amount of wealth in the hands of very few people.

      • novibe@lemmy.ml
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        6 months ago

        Plutocracy = rule by the wealthy.

        Oligarchy = rule by the few.

        The wealthy are the few. And with increasing wealth disparity, they are comparatively even fewer than ever before.

        Not really any meaningful difference.

        • aesthelete@lemmy.world
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          6 months ago

          Maybe if we keep going with the concentration of wealth we can boil it all down to just one guy and then drown that guy in the bathtub like Republicans wanted to do with the federal government.

          Ps: As far as your oligarchy vs plutocracy thing goes, we’re just both.

          • novibe@lemmy.ml
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            5 months ago

            I mean give capitalism long enough we might be left with just one guy standing. I do mean guy. An immortal white shriveled dude, alone in a utopia of bots serving him.

            And I just meant this whole “ah we’re not an oligarchy! We’re a plutocracy” thing is just dumb. What is even the difference in these peoples heads? It’s practically the same thing. And it IS the same thing under capitalism. The few who rule are the wealthy.

            That’s the whole point of the system… capitalISM? The owners of CAPITAL rule?

  • sumguyonline@lemmy.world
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    6 months ago

    Oligarchy, like when Nancy pelosi sets herself up as a defacto leader using insider trading… Or is it only oligarchy when the Republicans do it?

    • enbyecho@lemmy.world
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      6 months ago

      when Nancy pelosi sets herself up as a defacto leader using insider trading

      Dude. You should put down the bong long enough to read up on what was covered in the high school civics class you slept through.

      • Kühlschrank@lemmy.world
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        6 months ago

        Just to add, this proves:

        1. that Americans in general aren’t following along on their own
        2. that Biden could have influenced the discourse and been a force for good IF HE HAD BEEN COMMUNICATING LIKE THIS ALL ALONG. Unfortuntately they decided to ‘show not tell’ and let Trumpism fill the communication void with their lying bullshit for four years. Joe’s biggest failure and one we shouldn’t forgive him for.
        • glimse@lemmy.world
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          6 months ago

          I swear he could have been communicating like this all along and it wouldn’t have mattered. The average person tuned out election coverage completely and even if they didn’t, the news would have hardly covered it.

          • ubergeek@lemmy.today
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            6 months ago

            The average person in the US was too busy trying to figure out how to get a 500 dollar paycheck to cover 300 in groceries, 200 in rent, 100 for electric, and 200 for gas to get to work. While also paying 300 for baby formula.

          • WhoIsTheDrizzle@lemmy.world
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            6 months ago

            I get a lot of folks are busy, working two jobs, dealing with childcare and healthcare and whatnot, but how deep do you have to bury your head in the sand to be so unaware or disconnected from an American Presidential election? It’s unfathomable to me.

      • Foni@lemm.ee
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        5 months ago

        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

  • Qwazpoi@lemmy.world
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    6 months ago

    Everyone is so busy asking what is Oligarchy, nobody bothered to ask how is Oligarchy. Truly sad

      • TheColorNine@lemmy.world
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        5 months ago

        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.

    • DarkFuture@lemmy.world
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      6 months ago

      Want definitive proof?

      There are 244m eligible voters in the United States.

      77m voted for Trump. Idiots.

      2.6m voted 3rd party. Idiots.

      90m didn’t vote. Idiots.

      90+77+2.6 = 169.6

      That means 170m of 244m eligible voters are braindead stupid. That’s 69.7%. So we essentially have a 70% failure rate amongst eligible voters for maintaining our democracy.

      Yeah, Americans, in general, are STUUUUUUUUUPID.

      Yeah, we’re in a declining nation and it’s probably not going to get better anytime soon.

      • witten@lemmy.world
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        5 months ago

        I don’t think your math quite works out. Voters who voted third party or didn’t vote and live in solidly blue states had no bearing on Trump’s election.

        • DarkFuture@lemmy.world
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          5 months ago

          If you don’t vote or vote 3rd party in a presidential election, you are an idiot whether you end up being responsible for the outcome or not.

          If you don’t exercise your right to vote, especially in an election like this, you are an idiot.

          If you vote 3rd party when a 3rd party has absolutely no shot at winning, you are an idiot.

          It doesn’t matter whether you live in a blue state or not. If for no other reason than contributing to the popular vote.

          In 2016 we could at least say Trump lost the popular vote. Before this election Republicans had only won the popular vote once since 1988 and not since Bush Jr. The more the will of the people clearly gets ignored and the loser of the popular vote becomes president anyway, the more pissed off Americans are going to get about that, and the more support we get from Americans to pressure our representatives to fix this shit electoral process.

          Not to mention these idiots could live in a state that’s blue but not solidly blue and that state could possibly flip red because they assumed blue was safe in their state. Do you think non-voters and 3rd party presidential voters are smart enough to keep an eye on that kind of thing?

          Being in a solidly blue or red state does not absolve non-voters and 3rd party voters from being idiots.

          • witten@lemmy.world
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            5 months ago

            Not to mention these idiots could live in a state that’s blue but not solidly blue and that state could possibly flip red because they assumed blue was safe in their state.

            That’s why I used the word “solidly.”

            Do you think non-voters and 3rd party presidential voters are smart enough to keep an eye on that kind of thing?

            Some of them? Sure. Maybe not all of them. But it doesn’t matter for purposes of this discussion. I was just making the claim that your math was including some voters that had no possible effect on Trump getting elected. And I still think that’s the case whether or not a number of people in purple states decided not to vote because Harris didn’t really speak to the economic realities they face everyday. Now we’re just quibbling over how wrong your math is.

            To your broader point about the popular vote: I agree that people not voting or voting 3rd party impacts the popular vote, and the popular vote is indeed often used as a proxy for a national mandate. But Trump didn’t even break 50% on the popular vote—hardly a Reagan-style sweeping mandate despite initial reports to the contrary. So in this particular election, your point doesn’t even come into play. You’re calling people idiots for how they voted because of a theoretical outcome that didn’t occur.

            Yes, voting in the U.S. is basically harm reduction. But what’s the point of voting to reduce harm if it doesn’t actually have much chance of doing that in your state? To be clear, I’m not advocating not voting. I’m advocating giving people a little grace if, via their vote, they didn’t materially contribute to the rise of fascism or whatever. In fact, you could say that someone voting third party in a solidly blue state has just as much impact on the election as someone voting blue in a solidly red one. It’s just numbers.

            • DarkFuture@lemmy.world
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              5 months ago

              That’s why I used the word “solidly.”

              Cool. That still doesn’t absolve them from being idiots for not voting or voting for a candidate that literally, as in literally, cannot win.

              your math was including some voters that had no possible effect on Trump getting elected.

              I didn’t say they did. I said they were idiots. My math was calculating how many idiots there are in America to determine how fucked we are. And I stand by my math.

              But Trump didn’t even break 50% on the popular vote

              But he still won the popular vote. The first Republican to do so in 20 years. Which alters the discussion about the will of the people not wanting Republican leadership. And non-voters and 3rd party voters helped to make that happen.

              You’re calling people idiots for how they voted because of a theoretical outcome that didn’t occur.

              Lol. No I’m not. I’m calling non-voters idiots for not exercising their right to vote, which people throughout history have killed and died for. I’m calling 3rd party presidential voters idiots for voting for a candidate that LITERALLY CANNOT WIN. Those are both decidedly idiotic things to do. And again, my math is calculating how many idiots are in America, using this election as a litmus test. And I’m stating those idiots affected the popular vote, which they did. And I’m stating that, for all they knew when they made their idiotic decision, they were making the difference between who won.

              I’m advocating giving people a little grace if, via their vote, they didn’t materially contribute to the rise of fascism or whatever.

              Your logic is like saying “well, the boy threw the kitchen knife at his sister, but it didn’t end up eviscerating her, so let’s just drop the subject and let the boy off scott free”. Again, they went into the election, making their stupid decisions, not knowing if they were going to make that difference or not. That is some idiot shit.

              • witten@lemmy.world
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                5 months ago

                I think we’re going to have to agree to disagree here. We’re not even on the same page in terms of first principles. A voter voting blue in a red state is voting for a candidate who literally cannot win, and by your logic they’d be an idiot too. It just doesn’t make any sense to me. People should be able to vote how they want—especially if their vote isn’t likely to sway the election.

    • RagingRobot@lemmy.world
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      6 months ago

      He was taking orders from rich people too just different ones than the next guy lol now he thinks it’s an issue but when they all pushed Bernie out it was fine.

      Assholes

        • Revan343@lemmy.ca
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          6 months ago

          Funny how Jews are white when it’s convenient, and not white when that’s convenient.

          Convenient for the speaker, I mean; generally the opposite of convenient for the Jewish person in question

  • charade_you_are@sh.itjust.works
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    5 months ago

    Bernie’s been saying this for a long time. I’m glad Biden understands that it’s true and actually said it out loud to people. If someone asked me if Biden would say it some point, I would have said no fucking way.

    It’s not the worst thing that people are trying to educate themselves even if it’s too late.

    • dx1@lemmy.world
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      5 months ago

      Getting bugged that that’s the median and not the average/mean

      • hessenjunge@discuss.tchncs.de
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        5 months ago

        True. However both should sit on the same spot on top of the bell curve for IQ distribution. Also the majority of people is not aware of the difference between the two. You’d have to explain to more than half of your audience what a median is (essentially killing the joke this way).