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.

    • ubergeek@lemmy.today
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      5 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.

        • TheOtherG@feddit.nl
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          5 months ago

          That would be the Romans, sir. Maybe even people that preceded them, but they Romans perfected it.