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Oligarchy (from Ancient Greek ὀλιγαρχία (oligarkhía) 'rule by few'; from ὀλίγος (olígos) 'few' and ἄρχω (árkhō) 'to rule, command') [1] [2] [3] is a form of government in which power rests with a small number of people.
[1] [2] A business leader can be considered an oligarch if some of the following conditions are satisfied: uses monopolistic tactics to dominate an industry; possesses sufficient political power to promote their own interests, often exacerbating income inequality and corruption, particularly through policies that benefit the elite at the ...
"Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to ...
Biden warns of 'tech industrial complex' In his 17-minute speech, Biden called it the "highest honor of my life to lead you as commander in chief" and recalled the situation he inherited four ...
Examples are the director of the institute where Putin obtained a degree in 1996, Vladimir Litvinenko, [29] and Putin's childhood friend and judo-teacher Arkady Rotenberg. [30] Gennady Timchenko was close friends with Russian leader Vladimir Putin since the early 1980s. [31] [32] In 1991, Putin gave Timchenko an oil export license. [11]
The richest 100 Americans gained $1.5 trillion in wealth during President Biden’s term in office, and Tesla CEO Elon Musk’s net worth more than doubled during that time.. The richest Americans ...
“Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead," Biden said, drawing attention to "a dangerous concentration of power in the hands of a few ultra-wealthy people and the dangerous ...
President Biden used his farewell address from the Oval Office on Wednesday to warn Americans of an oligarchy taking shape in the U.S. while issuing warnings of other threats to the nation as he ...