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- cross-posted to:
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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.
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.
That’s a very… generous interpretation, but I’ll “allow it”, because it gives me some hope.
Gotta keep that hope up!
Honestly, I am one of those idiots. I had to look up oligarchy myself, although I looked it up because it was being thrown around a bit on Lemmy, not because Biden said it.
I do not consider you an idiot one bit for what it’s worth. I definitely did not know that word for a significant portion of my life.
It’s not something that appears in books or something you come across in school.
Right? I’ve known the word for a long time but I was definitely well into adulthood and definitely looked it up. It’s a “college word” y’all people have to look up simple words all the time.