Biden's Controversial Farewell Address
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FilipinosINQUIRER.net USA
•US Politics
US Politics
Joe Biden, the ‘O’ word and America’s impending third world democracy
66% Informative
Joe Biden's farewell speech was noteworthy for uttering one word: "oligarchy" Ruben Navarrette : It was an unflinching acknowledgment that American democracy is at a critical point.
Oligarchy isn't just a political concept in the Philippines ; it's a lived reality.
The incoming administration, with Trump ’s cozy relationship with billionaires like Elon Musk , threatens to mainstream oligarchic rule.
Emil Guillermo : As of January 20 , billionaires will not only influence government they will become the government.
Public institutions, built to serve the people, are at risk of being privatized in the name of profit, he says.
The irony, of course, is that America ’s brand of capitalism was always meant to coexist with democracy.
But unchecked capitalism when power and wealth consolidate becomes something else entirely.
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