describing it as an emerging "oligarchy." Biden said, "Extreme wealth, power, and influence are taking shape in America, and it literally threatens our entire democracy." 117283570 The outgoing ...

President Joe Biden's farewell address warns of the dangers posed by the concentration of power among the ultra-wealthy, describing it as an emerging oligarchy. He also highlights the threats of ...

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.