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.
it’s been made abundantly clear that a lot of americans have no fucking idea what anyone is talking about
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?
Ye’s best start believin’ in oligarchies.
Yer in one!
