The article discusses the emergence of tech billionaires as significant influencers in American governance, particularly highlighted during Donald Trump's second inauguration. It suggests a shift toward a possible 'new kind of American oligarchy', where power is concentrated among a wealthy few. This theme resonates with The Atlantic's historical concern regarding oligarchy, dating back to its early endorsements and commentary on democracy versus despotism. The presence of tech moguls alongside political figures illustrates their considerable sway within the American political landscape, raising questions about the implications for democracy.
For decades thereafter, The Atlantic's writers occasionally referred to the growing concern that a select few possessed the power to influence government, reflecting the threats of oligarchy.
The images from Trump’s second inauguration emphasized a new power structure in America, represented by a group of tech billionaires, highlighting their influence over governance.
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