Senator Bernie Sanders attributes President-elect Trump’s victory to a deeply entrenched oligarchy, characterized by extreme wealth inequality and corporate control over media and politics. He highlights the disproportionate influence of billionaire families in elections and the resulting power imbalance favoring the wealthy few over the working class. Sanders calls for a direct confrontation with this oligarchy, emphasizing the need to build a powerful working-class movement to create a more equitable economic and political system. This requires addressing critical issues such as campaign finance reform, expanding grassroots organizing, and recruiting candidates committed to working-class interests.
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Since the election, the wealth of the world’s billionaires, many of whom supported President-elect Trump, has reached record highs, exacerbating existing wealth inequality. This surge in billionaire wealth is fueled by policies favoring the ultra-rich, including massive tax cuts and deregulation, further widening the gap between the wealthiest and the rest of the population. This trend, spanning decades of bipartisan policy choices, has solidified an oligarchy’s control over the political and economic landscape. A critical juncture is approaching, demanding a shift towards policies that prioritize working-class interests and dismantle the power of corporate monopolies. Only a fundamental change in economic policy can counter this concentration of wealth and power.
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The news that Jeff Bezos allegedly killed the Washington Post’s endorsement of Kamala Harris is a stark reminder of the power dynamics that operate within American media and politics. As a long-time reader of the Post, this situation fills me with a disconcerting mixture of anger and sadness. It underscores the uncomfortable reality that not only do billionaires have the power to shape narratives but also to silence certain voices in the public sphere. The fact that a publication built on the foundation of journalistic integrity is now swayed by its billionaire owner raises significant questions about the future of independent journalism in this country.… Continue reading
It’s no secret that we live in an oligarchic society. The insatiable greed of American oligarchs is on full display, with billionaires wielding disproportionate power and influence over our democracy. It’s concerning how easily a billionaire like Elon Musk can purchase a significant stake in the virtual public square and shape it to align with his own ideological values. The flaunting of wealth and power by these individuals is downright unseemly, highlighting the deep-rooted inequalities that exist in our society.
The passage of laws like the Taft-Hartley Act, which criminalized the means by which labor unions could leverage the strength of the working class, paved the way for the rise of the post-WWII oligarchy.… Continue reading
I need a Valium Citizens United needs to be sprayed with lighter fluid and lit on fire. Can we take a minute and realize how insane it is that private companies can bribe a president with $90,000,000 to get their agenda’s done? Can we just take a minute and recognize that we are in the middle of some historic shit? Maybe he wasn’t supposed to tell the press that he had $200 million in the bank from donors 😂 Whether or not he should step aside, it’s absurd that a relatively small number of wealthy donors can have the influence to replace the party’s nominee, I hope the DNC tells them as much.… Continue reading
As I read about Bernie shredding billionaires backing Trump for their preference for an oligarchy over democracy, it struck a chord within me. The idea that these ultra-rich individuals would rather give up the principles of democracy just to safeguard their wealth and power is not only troubling but also a grim reminder of the dangerous path we are heading towards.
The fact that billionaires are so fixated on maintaining their riches that they are willing to sacrifice the very foundation of democracy speaks volumes about the toxic grip of greed and self-interest that has clouded their moral compass. They have become so entrenched in their wealth and power that they have lost touch with the realities faced by the average American.… Continue reading
John Q. Hosedrinker