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.

  • charade_you_are@sh.itjust.works
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    2 hours ago

    Bernie’s been saying this for a long time. I’m glad Biden understands that it’s true and actually said it out loud to people. If someone asked me if Biden would say it some point, I would have said no fucking way.

    It’s not the worst thing that people are trying to educate themselves even if it’s too late.

  • Snapz@lemmy.world
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    6 hours 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.

      • splinter@lemm.ee
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        1 hour ago

        Average can also refer to median. It’s a better measure of central tendency than mean in this case.

  • Queen HawlSera@lemm.ee
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    7 hours ago

    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

      • dx1@lemmy.world
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        2 hours ago

        I don’t count any of them as “good president” with a 800B annual military budget. Or the rest of the totalitarian federal budget they rubber stamp without fail. There’s a lot of shit baked into the federal government that they never, ever veto in the budget, dark as all fucking hell, that Americans just ignore.

        I would say, the genocide revealed who he already was, in a very clear way, but the signs and the evil deeds were already there.

        • nomy@lemmy.zip
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          49 minutes ago

          “Look at all those slave masters posing on your dollars.”

    • Wahots@pawb.social
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      29 minutes ago

      People think that voting either doesn’t matter, or that it’s like choosing to be a fan of a certain football team. They won’t realize their mistake when the rug gets pulled out from underneath them…but they might when they hit the back of their head on the polished concrete floor.

      Unfortunately, we (the world) are paying for their medical bill. Climate change policy will regress. Trade and economic policy, too. Peace will be undermined. And regional wars will flare up and get worse as people fight for water and other resources.

    • pirating@lemmy.world
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      7 hours 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.

      • JTskulk@lemmy.world
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        4 hours ago

        I still think those classes are a myth, I never heard of anyone taking a civics class when I was in school 20 years ago.

  • Furbag@lemmy.world
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    7 hours ago

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

  • Qwazpoi@lemmy.world
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    8 hours ago

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

  • itsonlygeorge@reddthat.com
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    10 hours ago

    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

  • Aceticon@lemmy.dbzer0.com
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    5 hours 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.

  • novibe@lemmy.ml
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    13 hours ago

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

    • MothmanDelorian@lemmy.world
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      12 hours ago

      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.

      • novibe@lemmy.ml
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        8 hours ago

        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@lemmy.world
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          7 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.

    • Amon@lemmy.world
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      12 hours ago

      The one directly inspired by Rome, an oligarchy with strict class systems and slavery?

    • RagingRobot@lemmy.world
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      10 hours ago

      He was taking orders from rich people too just different ones than the next guy lol now he thinks it’s an issue but when they all pushed Bernie out it was fine.

      Assholes

        • Revan343@lemmy.ca
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          10 hours ago

          Funny how Jews are white when it’s convenient, and not white when that’s convenient.

          Convenient for the speaker, I mean; generally the opposite of convenient for the Jewish person in question

        • RagingRobot@lemmy.world
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          9 hours ago

          I never said anything about old white men. I was trying to say that Bernie has been warning about this for a long time but the Democrats were benefiting from it so they kept it going