President Donald Trump’s rise is not an anomaly – he is the product of forces set in motion 50 years ago, driven by massive deregulation and key Supreme Court decisions that dismantled a century of safeguards against corporate political spending,
Wealthy people have always had a louder voice, but Trump’s new allies represent the starkest consolidation of wealth in US politics in recent memory
President Joe Biden warned Americans of an "oligarchy" on the rise just five days before President-elect Donald Trump returns to the office.
Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." Here's what it means
Artists take on playing the game, pledging allegiance, and more
In his final address, President Joe Biden warned of America becoming an oligarchy of tech billionaires, and this sent the interwebs into a frenzy. In a nutshell, an oligarchy is a system of government in which an elite (those on the top of the food chain) few control the government’s actions.
Multiple countries, including New Zealand and Australia, are trying to use tax and competition rules to stem the growing power of big tech.
Several of the tech moguls also joined a small prayer service this morning at St. John’s Episcopal Church. Later, they blended in with the Trump clan directly behind the incoming president as he officially assumed power just after noon,
Opinion: It is hard to overstate what a humiliation the launch of the Chinese AI model Deepseek-R1 is for US tech The post Why America’s tech oligarchy is in shambles appeared first on Newsroom.
"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 ...
Trump set himself above the bank and energy executives on the panel, who groveled, flattered and praised him. But like every dictator, he speaks not only for himself but for a social class.
As the 2024 presidential race entered its final stretch, the nation’s richest tech leaders gravitated toward Trump’s side.