Posted at Hartmann Report on Oct. 30, 2023
Will American Democracy Survive the Age of Oligarchs?
Oligarchy is always a transitional system, typically a mere waystation in the shift from democracy to fascism or some other form of authoritarianism…
Many of America’s oligarchs — the people whose great wealth and/or ownership of media properties gives them tremendous influence over our politics — believe they’re arguing for policies that will produce a “better” America. Or at least an America that’s better and safer for oligarchs and their families and businesses.
Tragically, they’re wrong. Their support for GOP-aligned racist, “free market deregulation,” and climate denial policies are tearing America apart and will threaten their grandchildren every bit as much as they do yours and mine.
Nonetheless, in America and increasingly around the world, oligarchs taking over the political dialogues of nations are all the rage. From America to Turkey to Russia to the Philippines, oligarchs have either risen to near-absolute power or bought off so many politicians that they have effective control of entire political parties and thus entire nations.
Increasingly, America’s oligarch problem has become the world’s oligarchy problem, as country after country follows the GOP’s example and sidelines labor rights, women’s rights, voting rights, and democracy itself.