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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[–] Dupree878@lemmy.world 15 points 7 hours ago (1 children)

He’s just as complacent in the oligarchical society we currently have as anyone.

[–] sik0fewl@lemmy.ca 2 points 5 hours ago

Hey now - he was perfectly fine with the plutocracy that has ruled for hundreds of years. It's Republican legislation that led to this -- think Dodd-Frank.

Democrat leadership is happy to skim some off the top. Republicans will strip it to the bone.

[–] charade_you_are@sh.itjust.works 25 points 8 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.

[–] jagged_circle@feddit.nl 3 points 6 hours ago

See also: Police State

[–] Snapz@lemmy.world 36 points 12 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.

[–] blindbunny@lemmy.ml 25 points 12 hours ago (2 children)
[–] slackassassin@sh.itjust.works 6 points 4 hours ago

Love Carlin. Hate this quote.

  1. "Half of them are smarter than that" is just as true but doesn't have the same zing.
  2. The zing is that the regurgitation makes everyone feel as though they are on the right side of the distribution and thus superior.

Truth is, we are all closer to chimps than Einstein. And Einstein still left some lingering questions for us to solve.

That's the distribution. Not "Everyone is stupid except me and you, dear reader."

[–] dx1@lemmy.world 1 points 8 hours ago* (last edited 8 hours ago) (2 children)

Getting bugged that that's the median and not the average/mean

[–] hessenjunge@discuss.tchncs.de 1 points 2 hours ago

True. However both should sit on the same spot on top of the bell curve for IQ distribution. Also the majority of people is not aware of the difference between the two. You’d have to explain to more than half of your audience what a median is (essentially killing the joke this way).

[–] splinter@lemm.ee 4 points 8 hours ago

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

[–] HawlSera@lemm.ee 34 points 13 hours ago* (last edited 13 hours ago) (1 children)

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

[–] RampantParanoia2365@lemmy.world 24 points 13 hours ago (2 children)

Biden was a good president. And then he enabled Israel to go on a spree of war crimes, and also allowed Trump to, uh, live.

[–] HawlSera@lemm.ee 3 points 6 hours ago* (last edited 6 hours ago)

The Supreme Court: Nothing the President does is illegal

Everyone: Even ordering Seal Team Six to Mar-A-Lago

Biden: Cool, goes for ice cream and does nothing with this information

[–] dx1@lemmy.world 1 points 8 hours ago* (last edited 8 hours ago) (1 children)

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.

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[–] DarkFuture@lemmy.world 50 points 14 hours ago (3 children)

What is oligarchy?

Something you live in.

Maybe you should have fucking Googled it sooner.

[–] Wahots@pawb.social 4 points 7 hours 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 17 points 13 hours ago (2 children)

To be fair, high school government/civics classes are probably so gutted that I'm happy when people understand the three branches of government.

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[–] Furbag@lemmy.world 16 points 13 hours ago (1 children)

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

[–] sik0fewl@lemmy.ca 1 points 6 hours ago

I was overwhelmed,so I just stayed home.

[–] chemicalwonka@discuss.tchncs.de 13 points 13 hours ago

USA is doomed

[–] ubergeek@lemmy.today 70 points 18 hours ago (5 children)

I think we have definitive proof that the American public, in general, are idiots.

[–] DarkFuture@lemmy.world 28 points 14 hours ago (3 children)

Want definitive proof?

There are 244m eligible voters in the United States.

77m voted for Trump. Idiots.

2.6m voted 3rd party. Idiots.

90m didn't vote. Idiots.

90+77+2.6 = 169.6

That means 170m of 244m eligible voters are braindead stupid. That's 69.7%. So we essentially have a 70% failure rate amongst eligible voters for maintaining our democracy.

Yeah, Americans, in general, are STUUUUUUUUUPID.

Yeah, we're in a declining nation and it's probably not going to get better anytime soon.

[–] witten@lemmy.world 3 points 7 hours ago

I don't think your math quite works out. Voters who voted third party or didn't vote and live in solidly blue states had no bearing on Trump's election.

[–] nickiwest@lemmy.world 5 points 13 hours ago

Username checks out along with the math.

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[–] khannie@lemmy.world 18 points 15 hours ago (2 children)

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.

[–] ubergeek@lemmy.today 8 points 14 hours ago (1 children)

That's a very... generous interpretation, but I'll "allow it", because it gives me some hope.

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[–] spookedintownsville@lemmy.world 3 points 12 hours ago (2 children)

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.

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[–] CileTheSane@lemmy.ca 36 points 17 hours ago (1 children)
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[–] Qwazpoi@lemmy.world 18 points 14 hours ago (5 children)

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

[–] sik0fewl@lemmy.ca 5 points 6 hours ago

Oh, the oligarchy is doing pretty good.

[–] HawlSera@lemm.ee 15 points 13 hours ago (1 children)

I'll do you one better, WHY is Oligarchy?

[–] jagged_circle@feddit.nl 3 points 6 hours ago

Capitalism and lack of democracy

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[–] itsonlygeorge@reddthat.com 44 points 16 hours ago* (last edited 6 hours ago) (4 children)

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 

[–] NauticalNoodle@lemmy.ml 9 points 14 hours ago* (last edited 14 hours ago) (1 children)
[–] aesthelete@lemmy.world 8 points 14 hours ago (1 children)

I read Ken Klippenstein and he was heralding 2024 as the year of the gerontocracy starting to fail and be left behind and I'm like dude, we just elected a fucking 78 year old Hitler wannabe as president. The gerontocracy only gets worse.

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[–] ChickenLadyLovesLife@lemmy.world 5 points 12 hours ago

Ah, so that's where "Heritage Foundation" comes from.

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[–] novibe@lemmy.ml 77 points 19 hours ago (3 children)

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

[–] MothmanDelorian@lemmy.world 34 points 18 hours ago (1 children)

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 7 points 14 hours ago (1 children)

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.

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[–] solsangraal@lemmy.zip 338 points 23 hours ago (12 children)

it's been made abundantly clear that a lot of americans have no fucking idea what anyone is talking about

[–] Cheems@lemmy.world 7 points 13 hours ago

Defunding schools doing it's job

[–] hansolo@lemm.ee 152 points 23 hours ago (11 children)

I genuinely can't believe that there is any overlap at all with the maybe 500 people who actually listened to his speech or even read an article summarizing it and those who don't know what the meaning of "oligarchy" is.

How does anyone get engaged enough in the political process to watch a speech from Biden and not recall Bernie Sanders saying this every day of his life for the last 30 years?

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[–] SpikedPunchVictim@lemmy.world 6 points 12 hours ago* (last edited 12 hours ago)

Robert Reich has a great description of the times we're in and how history is repeating itself: https://youtu.be/Nmq7QqqY4vo

The Gilded Age with Robber Barons

[–] Blackmist@feddit.uk 101 points 21 hours ago (2 children)

Ye's best start believin' in oligarchies.

Yer in one!

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