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The Times

What is an oligarchy, and is the United States poised to become one?

  • Written by Benjamin T. Jones, Senior Lecturer in History, CQUniversity Australia

In his farewell address, outgoing US President Joe Biden warned “an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy”.

The comment suggests that, under Donald Trump’s second term as president, it will be billionaires rather than the people who shape public...

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