A lot of Americans are Googling 'what is oligarchy?' after Biden's farewell speech
A lot of Americans are Googling 'what is oligarchy?' after Biden's farewell speech
The outgoing president warned of the growing dominance of a small, monied elite.
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.
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You might as well search for kakistocracy as well.
kakistocracy /kăk″ĭ-stŏk′rə-sē, kä″kĭ-/ noun
- Government by the least qualified or most unprincipled citizens.
- Government by the worst men.
- Government under the control of a nation's worst or least-qualified citizens.
The American Heritage® Dictionary of the English Language, 5th Edition
Ah, so that's where "Heritage Foundation" comes from.
While we're at it, lets throw in gerontocracy
I read Ken Klippenstein and he was heralding 2024 as the year of the gerontocracy starting to fail and be left behind and I'm like dude, we just elected a fucking 78 year old Hitler wannabe as president. The gerontocracy only gets worse.
Yeah, one of the major reasons the Soviet leadership failed too
Top kek, I mean kak.
kakistocracy - see South Africa. Lol