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.

  • Semi-Hemi-Lemmygod@lemmy.world
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    2 days 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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      2 days ago

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

  • Matombo@feddit.org
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    2 days 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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      2 days 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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        2 days 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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          2 days 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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            2 days 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.

  • solsangraal@lemmy.zip
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    3 days 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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      3 days 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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        3 days 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

      • PSoul•Lemmy@lemmy.world
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        3 days 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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          3 days 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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      3 days ago

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

      • solsangraal@lemmy.zip
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        3 days 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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          3 days 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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      3 days 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.

  • charade_you_are@sh.itjust.works
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    2 days 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.

      • hessenjunge@discuss.tchncs.de
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        2 days 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).

  • Qwazpoi@lemmy.world
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    3 days 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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        2 days 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.

    • RagingRobot@lemmy.world
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      3 days 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

  • novibe@lemmy.ml
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    3 days 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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      3 days 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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        3 days 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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          3 days 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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            2 days 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?

      • makyo@lemmy.world
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        3 days 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.
      • Foni@lemm.ee
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        4 hours 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