this post was submitted on 17 Jan 2025
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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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[–] Snapz 4 points 21 minutes ago

Two things are true:

  1. He did a lot and still should have done more - still ends up as probably the most progressive president to hold the office. More of a criticism of this country.

  2. All of you claiming "too little too late" don't think on the scale of history. Those things have never been said by that leader's voice, In that leader's office, broadcast on primetime TV to everyone, everywhere.

This is how progress works. Again, would have been better for him to say it from the start, but would have been fuel for the right (who doesn't even really need credible fuel for the people they talk to) even more obstructionist, bad faith ghouls.

All the above considered, we were fucked as soon as election result came in. Democracy is over, if there was s cashed they wouldn't try to literally draw and quarter Biden on the national mall in the next four years, this likely solidified it. Don't think him saying those words are said without personal risk. I think he failed to live up to the full mandate of his election, but this is an old mmm an whip knows he's about to die saying fuck it and pulling the pin on the grenade knowing he won't outrun the blast. In his reality, that's what this decision was.

[–] [email protected] 20 points 1 hour ago* (last edited 1 hour ago) (1 children)

Biden became a good president... in his last month in office.

Or to be blunt: He's being performative now when it doesn't matter

[–] RampantParanoia2365 13 points 1 hour ago

Biden was a good president. And then he enabled Israel to go on a spree of war crimes, and also allowed Trump to, uh, live.

[–] [email protected] 1 points 13 minutes ago

Man who is part of making the problem much worse tries to save his legacy by pointing the problem but claiming it is just starting to become a problem.

[–] Furbag 7 points 1 hour ago

Probably the same people who were googling why Biden wasn't on the ticket on election day 🙄

[–] SpikedPunchVictim 2 points 40 minutes ago* (last edited 32 minutes ago)

Robert Reich has a great description of the times we're in and how history is repeating itself: https://youtu.be/Nmq7QqqY4vo

The Gilded Age with Robber Barons

[–] [email protected] 6 points 1 hour ago

USA is doomed

[–] DarkFuture 30 points 2 hours ago (2 children)

What is oligarchy?

Something you live in.

Maybe you should have fucking Googled it sooner.

[–] pirating 8 points 1 hour ago

To be fair, high school government/civics classes are probably so gutted that I'm happy when people understand the three branches of government.

[–] SatansMaggotyCumFart 3 points 2 hours ago

Yeah, over 50% of voters voted for it!

[–] Qwazpoi 10 points 2 hours ago (3 children)

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

[–] [email protected] 8 points 1 hour ago

I'll do you one better, WHY is Oligarchy?

[–] Woht24 6 points 2 hours ago (1 children)

Why is no one asking Biden 'why didn't you do something about it?'

[–] [email protected] 8 points 1 hour ago

Oh he did- he leaned his full weight toward creating today's reality for the last 55 years of his life.

[–] [email protected] 2 points 2 hours ago

Why is oligarchy??

[–] [email protected] 35 points 4 hours ago* (last edited 4 hours ago) (4 children)

You might as well search for kakistocracy as well.

kakistocracy /kăk″ĭ-stŏk′rə-sē, kä″kĭ-/ noun

  1. Government by the least qualified or most unprincipled citizens. 
  1. Government by the worst men. 
  1. Government under the control of a nation's worst or least-qualified citizens. 

The American Heritage® Dictionary of the English Language, 5th Edition 

[–] ChickenLadyLovesLife 2 points 47 minutes ago

Ah, so that's where "Heritage Foundation" comes from.

[–] [email protected] 8 points 2 hours ago* (last edited 2 hours ago) (1 children)
[–] aesthelete 5 points 2 hours ago (1 children)

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.

[–] ZMoney 1 points 38 minutes ago

Yeah, one of the major reasons the Soviet leadership failed too

[–] someguy3 2 points 3 hours ago

Top kek, I mean kak.

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[–] [email protected] 61 points 5 hours ago (5 children)

I think we have definitive proof that the American public, in general, are idiots.

[–] JcbAzPx 1 points 28 minutes ago

At least they're trying to learn.

[–] DarkFuture 14 points 2 hours ago (2 children)

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.

[–] nickiwest 3 points 59 minutes ago

Username checks out along with the math.

[–] aesthelete 2 points 2 hours ago

You might be downvoted but you're absolutely correct.

[–] khannie 16 points 3 hours ago (1 children)

I actually consider this really positive on a few fronts.

Firstly, people are trying to learn. That's great.

Oligarchy is not a common word if your English level isn't great and that's true for lots of people. Even if you read books a decent amount it's not something I think you'd come across frequently.

Also, for folks who don't know what an oligarchy is, for them to find out they're possibly living in one may change their world view.

I'm sure there are more.

[–] [email protected] 8 points 2 hours ago (1 children)

That's a very... generous interpretation, but I'll "allow it", because it gives me some hope.

[–] khannie 4 points 2 hours ago

Gotta keep that hope up!

[–] [email protected] 32 points 5 hours ago (1 children)
[–] projectsquared 4 points 3 hours ago

Twice in November.

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[–] aceshigh 15 points 5 hours ago (5 children)

Growing? We’re already there buddy and you helped speed it up.

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[–] [email protected] 65 points 7 hours ago (3 children)

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

[–] MothmanDelorian 31 points 6 hours ago (1 children)

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.

[–] [email protected] 4 points 2 hours ago (1 children)

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 1 points 2 hours ago* (last edited 2 hours 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.

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[–] 4grams 8 points 5 hours ago

Ain’t it great living in the smartest and most prepared society in history?

[–] Draces 16 points 6 hours ago (3 children)

This is click baity. People don't exclusively look up things they have no idea about. I'm constantly searching terms to reaffirm my understanding or to get a more precise definition of them. Oligarchy in particular doesn't have a measurable identification which of course people are going to want to dig a little into it. Hell there's a comment on here that made me dig into it since they're stretching it's definition way past it's meaning

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[–] [email protected] 90 points 8 hours ago (2 children)

Ye's best start believin' in oligarchies.

Yer in one!

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