Wealthy people have always had a louder voice, but Trump’s new allies represent the starkest consolidation of wealth in US ...

As the 2024 presidential race entered its final stretch, the nation’s richest tech leaders gravitated toward Trump’s side.

Outgoing United States president Joe Biden has warned ‘an oligarchy is taking shape in America’. What is an oligarchy? And is ...

In Aristotelian terms, democracy is also a corrupt form of government in which the majority uses its power to abuse ...

While the term democracy has been rehabilitated and is usually seen as a positive, the word oligarchy has retained its negative connotations. When the United States was created, the founding ...

Even before Biden’s speech, the rising wealth gap in the U.S. and China raised concerns about whether the world’s two largest ...

In his farewell address, outgoing US President Joe Biden warned “an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy”.

Five days earlier, then-President Joe Biden warned Americans that a powerful "oligarchy" was on the country’s doorstep, a "dangerous concentration of power in the hands of very few ultrawealthy ...