this post was submitted on 08 Dec 2024
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Mildly Interesting
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Oligarchy
You know, I probably agree. We've, at the least, been headed in that direction. And, are likely about to plunge all the way in, a month from now
I looked up oligarchy on Wikipedia out of curiosity. Although it's debated, the U.S. is listed as an example of one
I would have agreed on the "probably" until Musk basically bought his way into max corruption with a seat right next to the president.
Those 40 billion he has practically lost on Xitter, will most likely be gained already within the first year.
There is no doubt IMO that USA is now de-facto an oligarchy.
We were an oligarchy.
With the new administration, it would be more apt to call the US a plutocracy.