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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[–] capital_sniff@lemmy.world 1 points 10 hours ago

Of course Democrats care about working class people. The party is just currently run by a bunch of overly educated elites that don't have an interest in listening to the workers. Because when they do listen they hear complaints that are all over the place. The Dems moved to the right a long while ago, and around the globe liberal parties are all facing major setbacks, and our liberal party here in America is farther right than most of our democratic peers. My point is that neither of our political parties will ever do what you are asking for without being forced to action by the people.

Except our electorate is so broken that 30+% of them voted for the billionaire party and are waiting patiently with their hands cupped for that sweet trickle down. Except they are more than likely about to get austerity before they get dental coverage. I really don't know how to get through to some of these people, they either don't understand a ton or have fundamentally different values. Values that are in opposition to the basics of a liberal democratic system. Part of me wants to shake every one of the taxes are theft post tea party MAGA clowns and take them on a tour of where the real theft is... like say any of the multiple private space companies that launch rich assholes into orbit and sadly bring them back.

A big part of the problem is the underclass republican supporters are just little authoritarian tyrants themselves. Given the chance they are all too ready to pull the ladder up behind them.