In his farewell address, President Biden warned that an oligarchy is emerging in America, with extreme wealth and power threatening democracy and basic freedoms. He drew parallels to the past, where the American people successfully resisted the 'robber barons' and dismantled trusts to restore equity.
David Brooks highlighted that both parties have their own oligarchies, asserting that while Elon Musk's prominence is noted, most billionaires in the U.S. predominantly align with the Democratic Party, especially in influential circles.
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