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.
The answer is that he’s been actively working for the oligarchy-beholden establishment since before most of us were even born.
This is like the retiring CEO of Shell warning that extracting and burning fossil fuels might have deleterious effects on the global climate.
Same as politicians releasing biographies spilling the beans after they retire from ‘public service’, it’s never anyone’s responsibility or fault they are all taking graft, insider trading, selling natural reserves to foreign drilling companies, selling weapons to genocidal pricks, etc.