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| Government Corruption |
| Is The Rise Of The Modern American Oligarch Another Sign Of American Decline? |
| 2023-05-25 |
| [Daily Caller] Oligarchical societies are unstable societies, as they arise when powerful elites no longer care about the common good and instead pursue their own self-interest. While oligarchs can manipulate the will of the people for some time, the people historically wise up once the abuses become too much to bear. The revolt of the common people is what oligarchs most fear and they will mobilize all of their political and financial resources to keep it from happening. While this dynamic has been recorded for thousands of years, it is no less relevant to American society today. Modern American oligarchs — who made their billions on Wall Street or in Silicon Valley — will do all that they can to maintain their position under the status quo. South Carolina Sen. Tim Scott is the latest beneficiary of oligarchical largesse, raising an extraordinary amount of money in the few short days since he announced his presidential campaign in Charleston. While Scott is relatively unknown on the national scene, he already built up a war chest prior to formally declaring his campaign on Monday. He entered the race with nearly $22 million, more than any previous presidential candidate. |
| Posted by:Besoeker |
| #1 Oligarchy or Fascism or something new. I mean the current government is closely linked with a number of tech companies to push their policies and censor protest. That comes painfully close to the fascist alliance between select corporations and the state. |
| Posted by: Ruprecht 2023-05-25 11:17 |