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The Week (Digital)

The Week (Digital)

1 Issue, January 31, 2025

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Oligarchy: A threat to American democracy?

Oligarchy: A threat to American democracy?
At President Trump’s inauguration this week, “a clear picture took shape of what the country’s new ruling class looks like,” said the Miami Herald in an editorial. Sitting a row ahead of Trump’s own Cabinet was “a cast of magnates worth more than $1 trillion combined.” Among them were Tesla CEO Elon Musk; Meta CEO Mark Zuckerberg; and Amazon founder Jeff Bezos. These tech billionaires all helped Trump: Musk spent $250 million on his election campaign; Zuckerberg allowed right-wing disinformation to flourish on his platforms; Bezos killed a Washington Post editorial endorsing Kamala Harris. And they “now stand to grow even richer” under a president who values “loyalty and the currying of favors.” President Joe Biden “warned us of this during his farewell address last week,” said Ruth Marcus in…
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The Week (Digital) - 1 Issue, January 31, 2025

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